Fast-Track Firms : Creativity Goes a Long Way
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Erik Cagle
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Two years ago, Direct Impressions’ web presses were filled to capacity, so Smith either needed to buy more web gear or add another firm. He’d sent some overflow work to Mars Graphic Services in Westville, NJ, but that shop was in dire financial shape. When Mars filed Chapter 11 bankruptcy, Smith tried to pull off a deal but couldn’t find a willing lender. But, when Mars was switched to Chapter 7, the bank on the hook for Mars’ debt saw the light and contacted Smith. Soon after, a deal was struck.
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Erik Cagle
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