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 exposure a company would want: Financing issues, trying to sell an unprofitable venture and muddling through with bankruptcy in two countries. But Quebecor World is a printer for our economic times, the No. 2 in North America at a time when market leaders (Circuit City, AIG, Lehman Bros.) have come crashing down.
Bits and Pieces SURE, IT’S late February on your calendar. Pitchers and catchers have arrived in Florida, where the sweet, sweet sound of baseballs popping into catchers’ mitts reminds us that spring is right around the corner. Though we’ve experienced a mild winter in the Northeast, everyone always welcomes the opportunity to thaw out and spend some time outside. But, with PI’s editorial lead time, it is actually just after the first of the year. My body still aches to sleep in until 10 a.m. The kids are still griping about going back to school. I’ve seen the SpongeBob Christmas episode 12 times and
MAZOMANIE, WI—For the employees of Sunny Industries, it was a case of Christmas in February. The company’s acquisition from receivership by Synergy Graphics may not constitute a miracle, but the workers will settle for getting their jobs back. It was a sad time for Sunny—reportedly being sued by creditors who were owed more than $7 million in equipment and related costs—when it closed down only days before Christmas, leaving 380 workers without jobs. At the time, company President Mike Spitz was not optimistic that a buyer could be found. Enter Synergy Graphics of Fridley, MN, which posted the winning bid of $7.8 million at auction on