Book Market -- Mixed Bag May Continue

Another area of investment for Walsworth Publishing is in plastic coil binding capabilities, which it undertook by partnering with a niche publisher. The company has the ability to produce more than 70,000 units per day.

Hawley believes the market is in its third or fourth year of what he terms "desperation pricing." He feels additional market consolidation on the printer side—two to three key printing plant closings—would help remedy the situation.