It's hard to believe that this marks the 29th anniversary of our annual Printing Impressions 400 list of the largest printers in the United States and Canada ranked by annual sales. The consolidation trend has intensified, albeit more from the result of shrinking print markets coupled with the economic fallout from the Great Recession.
After 78 years of family ownership, Jim Motheral, president of Motheral Printing, announced that his company has been sold to Ovation Graphics. Terms of the deal were not disclosed. Ovation also recently purchased Fort Worth's Branch-Smith Printing and is affiliated with Ussery Printing, of Irving, TX.
FORT WORTH, TX—After 78 years of family ownership, Jim Motheral, president of Motheral Printing, revealed that the company has been sold to Ovation Graphics. Terms of the deal were not disclosed.
After 78 years of family ownership, Jim Motheral, president of Motheral Printing, announced the company has been sold to Ovation Graphics. Rapid changes in technology coupled with the lingering effects of the recession triggered the decision to sell. Terms of the acquisition were not disclosed.
Ovation Graphics purchased substantially all of the business assets of Branch-Smith Printing. As part of its purchase, Ovation Graphics obtained the rights to the Branch-Smith name. The 102-year-old firm had been owned by the Branch family for more than a century.
FORT WORTH, TX—Ovation Graphics purchased substantially all of the business assets of Branch-Smith Printing last month. Terms of the deal were not disclosed.
Daniel Hanson, president of Ovation Graphics, has announced that Ovation, a privately-held company, has purchased substantially all of the business assets of Branch-Smith Printing. Terms of the asset acquisition were not disclosed. Ovation obtained the rights to the Branch-Smith name.
The over 6,000 sq. ft. facility, which is within 10 minutes of the Dallas/Ft. Worth Airport, provides efficient one-day demo and training seminars for busy printer customers. The new Customer Center features a partnership with ClimatePartner, as well as using “green” consumables, such as biodegradable shop cloths.
NAPL, the association for business management excellence, announced this year’s winners of the third annual RAVE Customer Satisfaction Awards.
AS AN economically unstable 2008 gives way to a poten- tially more tumultuous 2009, printers from the Sunshine State to Washington State are tightening their belts, digging in and preparing for the worst. Even the firms that forged through the mess and found success, including those named as 2008 Fast-Track Firms, are hoping for a better new year.
