RR Donnelley

california BURBANK—California Coast Color has added a four-color, 40˝ Mitsubishi Diamond 3000S sheetfed press. It is the second Mitsubishi for the 12,500-square-foot shop with 20 employees. COSTA MESA—Hoover Printing & Lithography is now operating its newly installed, six-color HP Indigo digital press. SAN LUIS OBISPO—Herschel "Hank" Apfelberg, longtime professor of graphic communication at Cal Poly, died January 13 at Stanford University Hospital at the age of 67. Mr. Apfelberg started his career as a linotype operator/compositor. Before coming to Cal Poly, where he taught from 1971 to 2001, he worked as a process engineer and rotogravure administrator for American Can and as printing superintendent

New Press Finds Home In New Jersey HILLSBOROUGH, NJ—East Coast Media has installed a five-color, 28˝ Sakurai EDII press. It is fully automated with auto plate changers, ink rollers and blanket cleaners, and includes an SCC color console equipped with SAS, for auto sheet size preset, cylinder registration, and impression adjustment and setting. The press joins an existing two-color Sakurai perfector. Supreme Installation Bound to Please ARCADIA, WI—Full-service and specialty printer Supreme Graphics has purchased a Duplo System 4000 collator/bookletmaker from Best Graphics. A key part of its business is producing classroom texts, lesson planners and other books for schools. california SAN

FedEx Buys Kinko's Franchise MEMPHIS, TN—FedEx Corp. and Clayton, Dubilier & Rice (CD&R) have announced an agreement for FedEx to acquire Kinko's for $2.4 billion in cash. Kinko's operates approximately 1,200 stores worldwide, generating annual sales of about $2 billion. Funds managed by CD&R, a private equity investment firm, currently owns about 75 percent of Kinko's outstanding shares. Once the transaction is completed, all Kinko's locations will offer new or expanded FedEx shipping options to small- to medium-size businesses and to large corporate customers. FedEx has been Kinko's exclusive shipping provider since 1988. Scitex Selling Digital Printing TEL AVIV, ISRAEL—Scitex Corp. and Eastman Kodak have signed a

By Erik Cagle Senior Editor Try summing up the 2003 season from the book printing market's point of view. It can't be done. Sure, another Potter tome and the return of Oprah's book club did wonders for a struggling trade market, and most feel the elementary-high school (el-hi) sector was as depressed as the economy, with weak adoption programs to match. But, for the most part, the answers to what worked and what didn't pan out depends largely upon who is being asked. Top 10 Book Printers CompanySegmentSales(millions)TotalSales(millions) 1RR DonnelleyChicago$808$4,754 2Quebecor WorldMontreal$749$6,242 3Banta Corp.Menasha, WI$355$1,366 4Von HoffmannSt. Louis$348$535 5Bertelsmann ArvatoNew York$209$276 6Courier Corp.N.

In May 1998, William Davis, then new chairman and CEO of RR Donnelley—one of the largest printing companies in the world—said, "In this game, manufacturing discipline will win. The craftsman who has to leave his thumbprint on every page will lose." He continued: "We are a decade behind in manufacturing best practices." His comments reflect the modern challenge of the graphic arts. Traditionally the manufacture of print has been craft-oriented, from design through to print. Designers made their reputations by creating unusual print pieces, with beautiful typography, tough-to-match colors, and unusual trim and bind requirements. Printers made their reputations by dealing under deadline with these

Printing Impressions 400: Sign of the Times WOW! I can't believe that this issue marks the 20th year that our editorial staff has been compiling the annual Printing Impressions 400 ranking of the leading printers in the United States and Canada. Along with the PI 400, we present next year's outlook for several key print market segments—another traditional feature of the December issue. Many of you may recall that the list used to include 500 companies, before all of the industry consolidation in the mid- and late-'90s compelled us to lower the number of printers surveyed. Speaking of consolidation, undoubtedly the biggest industry headline

CHICAGO—RR Donnelley and Moore Wallace have signed a definitive agreement to create North America's largest full-service commercial printer with more than $8 billion in annual revenues and approximately 50,000 employees worldwide. The combined company will retain the RR Donnelley name and will be headquartered in Chicago. Upon closing of the transaction, Mark Angelson, CEO of Moore Wallace, will become CEO of the new RR Donnelley, succeeding William Davis, chairman, president and CEO of RR Donnelley. Longtime RR Donnelley director Stephen M. Wolf is to become non-executive chairman of the combined company. Under the terms of the transaction, Moore Wallace shareholders will receive RR Donnelley shares based on a fixed exchange ratio

BY MARK SMITH Technology Editor Looking back, 2003 has shaped up much the same as 2002 for magazine publishers and publication printers. Both are still holding out hope for a rebound in advertising spending but, at the same time, are wary of to what extent the competitive standing of magazines has permanently changed. Consider one measure of industry activity: the Publishers Information Bureau (PIB) index of consumer magazine ad pages. Through October, advertising revenue was up 8.7 percent, but ad pages were down 0.2 percent compared to the same period in 2002. The comprehensive numbers only tell part of the story, since the

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2003. Therefore, companies that revised their 2002 revenues may have changed their 2002 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.) 1 ('02: 1) Quebecor World, Montréal, Canada Total Sales (Millions): $6,242.00 Previous Year's Sales (Millions): $6,300.00 Change (%): -1 Principal Officer: Jean Neveu Employees: 38,000 Primary Specialties: PUB 26%; ADV 23%; CAT 16%; BKS 12% Web Offset Press Units: 3,156 Sheetfed Press Units: 985 Other Press

BY chris Bauer Managing Editor The year 2003 can be summed up as a period that had its ups and downs as far as the commercial printing industry is concerned. For every plant closing, there seemed to be a plant expansion project. For every poor financial report, there was a major capital equipment expenditure. Some big names left the industry, making way for a new generation of leaders. And the industry's biggest annual trade show left attendees and exhibitors with a feeling of hope. Let's take a look back. The beginning of the year brought with it changes to the top spots at several