The Target Report Releases September Deals, Court Filings, Closures (Includes Chart)
As I projected during my recent presentation in the NAPL booth at PRINT 13, the transactional/transpromo printing sector will be under continued stress from the constant pressure from credit card issuers, utilities, communication providers and others that issue monthly statements to “go electronic.” International Paper named the e-statement trend as a key factor in its decision to shut down its massive paper mill in Courtland, AL. The giant paper manufacturer also cited the overall decline in the demand for the grades of printing and copier paper that have been manufactured at Courtland since 1971. On the other side of the country, Harbor Paper in Hoqiuam,WA, a small mill manufacturing copier grade papers, closed after struggling, unable to pay for its electricity.
Mark Hahn is a managing director and founder of Graphic Arts Advisors, a boutique strategic financial advisory and consulting firm focused exclusively on the printing, packaging, mailing, marketing services, brand management, and related graphic communications industries. With more than 35 years of graphic communications experience in the areas of finance, operations, sales, M&A, and general management, Hahn has served as chief financial officer, chief operating officer and other senior positions with several commercial printing companies, as well as founding and eventually selling his own printing company.The firm assists company owners and management, as well as their lenders, investors and shareholders in the following areas: mergers and acquisitions, sale of business, strategic and financial advisory, capital structure and funding, financial analysis, interim and turnaround C-level management, business valuations and serving as consulting experts. Hahn is the author of The Target Report and is regularly published and quoted in printing industry trade and management journals. Mark Hahn can be reached at (973) 588-7399 or mark@graphicartsadvisors.com
