Yurchak Printing Talks Digital Book Trends at Publishing Summit
TRUMBULL, CT—May 4, 2011—Océ, a Canon Group company and an international leader in digital document management, announced that it helped Yurchak Printing present a forum on digital book publishing for a select group of executives. The “Publishing Summit 2011” was recently held at the printer’s facility in Landisville, PA.
Yurchak Printing, headed up by John W. Yurchak, Jr., assembled a group of digital book publishing customers for a discussion of key issues about this growing digital market.
“Yurchak Printing has led the way in digital printing since 1998. Today, they are experts in the digital world, so they were a natural to host this Publishing Summit,” said Francis McMahon, vice president of marketing, Océ North America, Production Printing Systems.
Chris Rice of Cambridge University Press of NY agreed, noting that, “Yurchak is well beyond the digital learning curve.” Rice was among the attendees who gained perspective on the continuing role of digital print in their own businesses and got insights into the future of the market.
Yurchak identified market-changing trends in book publishing, including:
- shorter print runs
- better inventory management
- digital color growth
- electronic delivery
- offset migration to digital
Selling Inventory, Not Printing
Selling inventory control over selling printing was a key message at the Publishing Summit. Now publishers demand shorter runs and better ways to manage inventory, an essential shift. Rick Ritter of Gryphon Editions agreed that “controlling print runs and inventory through digital printing is really valuable.”
Also confirming this message was Steve Garland, executive editor at Manufacturer’s News, who said, “Options for keeping current inventory are something we want to explore.”
Manufacturer’s News, in its one hundredth year, publishes annual state directories. Each year, it works with Yurchak Printing to publish 51 books in 52 weeks.
The Unexpected Impact of e-Books
Another topic covered at the Publishing Summit was the rise in e-Books and how that is impacting the need for printed volumes. Yurchak stated, “The recession and the rise in e-Books have actually helped us compete with larger printers, because we can handle smaller runs and more customizable solutions.”
At the Publishing Summit, he also shared information presented at the Interquest 2011 Digital Book Printing Forum, held on April 5, 2011, in New York City:
• Conventional book printing is declining 4.6 percent per year, as digitally printed volumes are expected to grow at 29 percent annually.
• Currently, four percent of all printed books are manufactured digitally and that will increase to 15 percent by 2015.
• More self-published and micro niche titles were produced in 2009 than traditional titles.
About Yurchak Printing
Founded in 1998 by John Yurchak Jr., the family-owned business is on its fifth generation of Océ equipment, with a relationship going back to 1991. The company is currently at $7 million annual sales with 46 employees. It is a “one-stop-shop” for publishers, including printing, binding, fulfillment, packing and shipping. With its Océ continuous feed systems, Yurchak is one of the few companies in the country that can print on lightweight paper needed for directories and other digital book publishing applications. www.yurchak.com
About Océ
Océ is one of the leading providers of document management and printing for professionals. The Océ offering includes office printing and copying systems, high speed digital production printers and wide format printing systems for both technical documentation and color display graphics. Océ is also a foremost supplier of document management outsourcing. Many of the Fortune Global 500 companies and leading commercial printers are Océ customers. The company was founded in 1877. With headquarters in Venlo, The Netherlands, Océ is active in over 100 countries and employs more than 20,000 people worldwide. Total revenues in financial 2010 amounted to approximately €2.7 billion. Océ is listed on Euronext in Amsterdam. For more information visit www.oce.com.
Océ North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL and Boca Raton, FL. North America represents 34% of Océ’s worldwide revenues, and employment is over 8,000. For more information about Océ North America, visit www.oceusa.com.
Océ and Canon: Stronger together
In 2010 Océ joined the Canon Group of companies with headquarters in Tokyo, Japan, to create the global leader in the printing industry. Canon develops, manufactures and markets a growing line up of copying machines, printers, cameras, optical and other products that meet a diverse range of customer needs. The Canon Group comprises over 197,000 people worldwide. Global net sales in 2010 were more than US $45 billion. For more information visit www.canon.com.
About Canon U.S.A.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. Its parent company, Canon Inc. (NYSE:CAJ), a top patent holder of technology, ranked fourth overall in the U.S. in 2010†, with global revenues of more than $45 billion and is listed as number five in the computer industry on Fortune Magazine's World’s Most Admired Companies 2011 list. Canon U.S.A. is committed to the highest levels of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. At Canon, we care because caring is essential to living together in harmony.
Source: company release.
