SPECIALTY PRINTING — SECOND TIME’S THE CHARM

Paul LeFebvre is nothing if not brutally honest. He made some fatal business mistakes in the past and paid the ultimate price, suffering through the bankruptcy of his Des Plaines, IL-based company, LeFebvre Intergraphics.

Closing down the shop in 1996 was a bitter pill to swallow for the past inductee into the PRINTING IMPRESSIONS/RIT Printing Industry Hall of Fame. The company was growing out of control. He had purchased large quantities of paper and kept stocking up on it, but the value soon plummeted from $7 million to $4 million as prices fell. People in strategic positions at the company weren’t making the best decisions. LeFebvre himself was making ill-advised choices.