WOA 50th ANNIVERSARY -- Web's Balancing Act

"In response, we need to assess every segment of our businesses and make sure we operate with minimum or no waste and implement the changes necessary to run a tight ship," Stillo advocates.

"The web printers that survive will have more opportunities in the future," he continues. "This recession has forced us to learn how to manage our business better. I also hope it has taught a lesson to the equipment manufacturers that act negligently by giving equipment away—with creative financing—to companies that are 'very high risk,' thereby disrupting the competitive equilibrium in local markets."