Cenveo Inc.

Commercial printer equipment installations and other news from Printing Impressions’ June 2014 edition, featuring DavCo Advertising, Zenger Group, K-1 Packaging Group, Lithographix Inc., L+L Cos., JP Graphics, D1 INK, Merritt Graphics, Benson Integrated Marketing

Cenveo Inc. has reported positive results for the three months ended March 29, 2014.
 "We are very pleased to report a positive start to the year and we remain on track to deliver our 2014 targets," stated Robert G. Burton Sr., chairman and CEO.

STAMFORD, CT—In September 2013, Cenveo Inc. acquired certain assets of National Envelope through the bankruptcy process. As part of the consideration for the acquisition, Cenveo issued approximately 2.1 million shares to the debt holders of National Envelope. Under the terms of the purchase agreement, the debt holders were restricted from selling the Cenveo shares for a period of six months from the date of the acquisition.

Expansion plans for Cenveo's St. Louis operations are expected to be completed this month. The company plans to invest $4 million, adding new jobs, equipment, and an additional 44,000 square feet to the already 220,000-square-foot facility.

As part of the consideration for the acquisition of National Envelope, Cenveo issued approximately 2.1 million shares to the debt holders of National Envelope. Under the terms of the purchase agreement, the debt holders were restricted from selling the Cenveo shares for a period of six months from the date of the acquisition. This six months period has now lapsed. The company believes that the recent increased trading activity and volatility in its stock is largely related to the expiration of the six-month restriction period.

For printers that already offer layout and design services, an unexpected revenue source (or at least a way to retain customer loyalty) may be digital media itself, in the form of interactive apps for tablets and smartphones. Unlike Websites, apps can be created with the same tools used to produce printed pages. With a modest software investment, plus incremental training of existing staff, printers can offer their clients supplemental interactive collateral—to complement their printed products.

Commercial printer company and personnel news from Printing Impressions’ March 2014 edition, featuring, featuring Westamerica Graphics, Mossberg & Co., Think Patented, The Standard Group, Southeastern

STAMFORD, CT—Cenveo Inc. announced results for the three months and full year ended Dec. 28, 2013. The company generated net sales of $509.9 million for the three months ended Dec. 28, compared to $437.7 million for the same period the previous year, an increase of 16.5 percent. The company generated net sales of $1.8 billion for the year ended Dec. 28, compared to $1.7 billion for the prior year.

Direct mail is still considered the marketing channel of choice by a vast number of marketers across verticals ranging from telecom and utilities to nonprofit, publishing and financial services. According to the Direct Marketing Association's “2012 Response Rate Report,” the rates for letter-sized direct mail (3.4 percent) were 30 times higher than those for email (0.12 percent). The belief that direct mail is dead or dying will have to be suspended for the time being.

The Southern California printing scene is taking a big hit with the loss of two well-known names in the industry. Anderson Lithograph of Los Angeles, one of the most prominent printers in Southern California, has been consolidated into ColorGraphics by its parent company, Cenveo Inc. In a letter to customers, Anderson Litho President Mark Tennant said the move is in response to the economic downturn.