NEC Expands into New York Market
NEC plans growth through its “mothership/satellite” scenario: Small satellite operations, complete prepress facilities in their own right, are connected to a larger, “mothership” operation that can handle the massive jobs. The Nashville operation is NEC’s sole existing mothership at this time, but that may change.
“Cranford will not be our last acquisition,” states Flatt. “It’s a potential mothership.
“The most attractive thing about the acquisition is that Cranford was a known, friendly competitor,” comments Flatt. “It’s a known entity that we can grow. That’s the real promise and the real thrill about an acquisition like this.”
By Carolyn R. Bak