Mack Attack! Cadmus, the Conqueror

PI: Looking at the industry as a whole, what major movements have been most significant—or most discussed—at Cadmus? What role has industry-wide consolidation played in the printing industry to date, and will all of this consolidation continue?

Gillispie: We are tracking a number of phenomena that will have a major impact on our industry—foremost is the possibility of further deflationary pressures on the whole economy. We are interested in the unfolding changes in capacity, distribution and ownership in the paper industry. We are watching a possible reduction in catalog pages and possible changes in the role of the traditional newspaper with much decreased circulation and page counts. These kinds of shifts could throw a lot of capacity on the market. Finally, the maturation of all-digital and direct-to-plate production flows is restructuring how work is managed and produced in the plants.