Shapco Printing Gets a New Lease on Life with Capex Infusion, New Location

When the biggest deal in his professional career—the sale of his company to a competitor—fell apart on the day of the transaction's closing last fall, Joel Shapiro could not have been happier.

Shapiro's company, Minneapolis-based Shapco Printing, was to be sold to another Minnesota printing powerhouse, which had made a generous offer for the producer of high-end art gallery books, direct mail, fulfillment and wide-format goods. After 30-plus years in the industry, perhaps it was time Shapiro tried his hand at something different.