Carrollton Graphics Purchased; Aggressive Turnaround Planned
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"Our plan is to inject the resources, money and people required to make Carrollton Graphics competitive again," says Svatos.
Svatos, who has been named president, has previous turnaround experience with CSC Ltd., a $240 million steel company in Warren, OH, and Spartanburg Stainless Products in South Carolina. McGhee is the owner of PM Graphics, an $8 million printing company based in Cleveland, which has grown 800 percent since McGhee took the helm in 1989. Officials expect a good deal of cross-selling between the companies, since PM Graphics is a coldset web printer and Carrollton uses heatset web printing equipment.
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