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December 2008 Issue

Printing Impressions December 2008
Grafikom Is Now in Receivership
Grafikom, the sheetfed, digital and specialty printing company that spun off from Quebecor World in November of 2005, has ceased operations and is in receivership, according to the Edmonton Journal . The move leaves more than 500 employees in eight...
IWCO Direct Shuts Down Elm City
With a dramatic decline in mail volume reducing the need for the facility’s core of acquisition mail, IWCO Direct announced that it was closing its Elm City, NC, facility, leaving 380 workers without jobs....
Bowne Cuts 1,000 Jobs In 2008
With a sharp year-over-year decline in revenues and profit due to difficult capital markets, Bowne & Co. announced it will reduce its workforce by 10 percent to provide cost savings of $21 million to $23 million. The cuts bring Bowne’s...
Valassis Shaves 100 Jobs as Value Plummets
Following a third quarter loss of $5.2 million, Valassis Communications announced it had cut 100 jobs, the Detroit News reported. Valassis was also removed from the Standard and Poor’s MidCap 400 index after its market value dropped the company to...
USPS Reports $2.8 Billion Loss for 2008
With mail volumes continuing to dwindle and added costs mandated by the Postal Act of 2006, the U.S. Postal Service (USPS) finished its 2008 fiscal year with a net loss of $2.8 billion. The loss came despite cost-cutting measures in...
PINE Hosts Industry Awards Gala
Nearly 300 leaders from the region’s $12 billion print marketplace gathered recently for the Printing Industries of New England’s (PINE) annual membership banquet to honor numerous individual and company achievements over the past year....
New Sector at Transcontinental
A new operating structure has been implemented at Transcontinental Inc. to support its growth strategy by creating the Marketing Communications Sector. It is designed to accelerate the development of new services focused on one-to-one advertising and new communications platforms, while...
LETTERS to the editor
Printing Impressions’ Letters to the Editor for December, 2008....
The Legislative Agenda for 2009
The Board of Directors and Government Affairs Committee met in mid-November to analyze the 2008 election results and determine the Printing Industries of America’s legislative agenda for the 110th Congress. The biennial Advocacy Agenda is formulated with input from the...
ACROSS the nation
Printing Impressions’ Across the Nation Commercial Printing News for December, 2008....
Bear of a Course Requires Tiger's Touch --Cagle
IT STARTED out pretty innocently for John Abel, a press operator from West Berlin, NJ. He entered a Buick contest last March in the unrealistic hope that he would win one of the top prizes, a new Buick automobile. He...
Commercial Printing Outlook -- Build Up in Down Time
SAYING THAT 2008 is ending on an unsettled note may be the mother of all understatements, but it is the most meaningful way to characterize the economic outlook for 2009. And, bad news for the economy is worse news for...
Direct Mail Outlook -- Meeting the Challenge
ASKING WHAT kind of impact  that a recessional economy has on direct mail campaigns is like asking how many beach-goers will be turned away by an approaching hurricane. Sure, there are those who will want to brave it, but most...
Book Printing Outlook -- Consumer Confidence Key
ONE OF the characteristics of a difficult economy is the slowdown of consumer confidence, which has a trickle-up effect on the goods and services sector. Less spending equals lower demand, equals lesser manufacturing output. The schizophrenic bounces of the oil...
Catalog and Publication Outlook -- Proceed with Caution
SOFTENING SALES. Declining revenues. Cutbacks, layoffs, bankruptcies. Unfortunately, these are the buzz words for 2008—not only for printers, but for most manufacturing segments across the United States....
Year in Review -- QW Grabs the Headlines
IF THIS magazine chose to hand out an award for the biggest newsmaker of the year, the 2008 honor would go to Quebecor World (QW), hands down. One might contend that the attention, while merited, is not the type of...
Executive Compensation -- Ghosts of Pay Cuts to Come
BAILOUTS OF financial institutions and pleas for assistance from domestic auto manufacturers have put top executive performance and compensation into the headlines. The excesses that fueled public outrage won’t be found among the earnings of principal officers at the largest...
The Printing Impressions 400
NOW IN its 25th year, the Printing Impressions 400 provides the industry’s most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and...
Fast-Track Firms -- On the Move
AS AN economically unstable 2008 gives way to a poten- tially more tumultuous 2009, printers from the Sunshine State to Washington State are tightening their belts, digging in and preparing for the worst. Even the firms that forged through the...
DIGITAL digest
Printing Impressions’ Digital Printing and Workflow News for December, 2008....
BINDERY Matters
Printing Impressions’ Bindery and Finishing News for December, 2008...
Social Networks = Business --Morgan
THE DAYS of the passive print buyer lie in the past. Print buyers are no longer sitting back and waiting for printer reps to cold call them or invite them out for lunch. In today’s technological environment, consumers are more...
Gazing Beyond Graph Expo --Sherburne
HAVING RECENTLY returned from Graph Expo, I felt it was important to highlight a few things that came out of the show that might not have been covered elsewhere. First, as might be expected in the current economic situation, it...
If Sales Reps Were Marines --DeWese
THIS IS the first column in my 25th year of column-writing for Printing Impressions. It’s number 268 and, when it’s finished, I will have written about 335,000 words as a columnist for the magazine. This one started about 30 days...
GREEN scene
Printing Impressions’ Sustainability in Commercial Printing News for December, 2008....
SUPPLIER news
Printing Impressions’ Commercial Printing Supplier News for December, 2008....
PRINTER news
Printing Impressions’ Commercial Printer News for December, 2008....