2004 HALL OF FAME George Stephenson -- Savior to His Company
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"The printing business is very difficult today," Stephenson remarks. "We have all of this wonderful technology that makes our job easier, but we have all of this competition and a lack of willingness to spend the dollars that makes it more difficult.
"With the advent of the Internet, competition is fierce because some print buyers are soliciting an excessive number of print companies for bids. So instead of having two or three bidders in a local market, you can have 10 or 20 across the country. That cuts into your profit margin really quickly."
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- Companies:
- Heidelberg
- manroland Inc.
- People:
- FAME George Stephenson
- Places:
- ALEXANDRIA, VA
- Washington, DC
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