Champion Industries

Banta Senior Executive Departs MENASHA, WI—Larry Panozzo, president of Banta's $1 billion print sector, has resigned to pursue other interests. "Although I am personally disappointed, I respect and accept Larry's decision. We will miss his deep knowledge, passion and leadership," states Stephanie Streeter, Banta's president and CEO. Panozzo had been with Banta since 1988. A spokesperson for Banta says the company's "succession process" has already begun to fill the position. Courier Corp. Buys Web Press KENDALLVILLE, IN—Courier Corp. has purchased a new four-unit MAN Roland LITHOMAN IV web offset press that is scheduled for installation and startup by next spring. The 48-page LITHOMAN will feature a

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2002. Therefore, companies that revised their 2001 revenues may have changed their 2001 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.) 51 ('01: 58) MacNaughton Lithograph/Command Web Offset, Secaucus, NJ Total Sales (millions): $140.00 Previous Year's (millions): $140.00 Change (%): — Principal Officer: Andrew Merson Employees: 625 Primary Specialties: BKS 40%; DIR 25%; CAT 15%; FIN 10% Web Offset Units: 44 Sheetfed Offset Units: 6 Other: 0

Editor's note: Company rankings for the current and previous years are based on figures reported in 2001. Therefore, companies that revised their 2000 revenues may have changed their '00 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided. 2001 Ranking:Previous Year's Ranking:Company:Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants: 5159J.J. Keller & Assoc., Neenah, WI$159.76$139.99+14Robert L. Keller830PUB 50%; BKS 30%; DM 10%; BF 10%2087Private1  2001 Ranking:Previous Year's Ranking:Company:Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants: 5251Serigraph Inc.,

If you know the name of a printing company that you think appears on the Printing Impressions 400 list, but you're not sure of its ranking, here's an easy way to locate that firm. Simply find the company in the alphabetical listings on this page. In addition to each company's name and headquarters location, a corresponding number appears indicating that firm's ranking on the Printing Impressions 400. ABS Graphics (Addison, IL) 400 Action Printing (Fond du Lac, WI) 353 Adams Business Forms (Topeka, KS) 96 AdPlex Inc. (Houston, TX) 102 Advance Business Graphics (Mira Loma, CA) 153 AFL Web Printing (Voorhees, NJ)

Editor's note: Company rankings for the current and previous years are based on figures reported in 2000. Therefore, companies that revised their 1999 revenues may have changed their '99 ranking as compared with the ranking that appeared in last year's Printing Impressions 500. Similarly, the percentage change in sales is calculated on the most recent information provided.2000 Ranking:Previous Year's Ranking:Company: Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants:5142Publishers Printing/Publishers Press, Shepherdsville, KY$160.40$166.30-4Nicholas X. Simon1,750PUB 100%100100Private 2  2000 Ranking:Previous Year's Ranking:Company:Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants:5252Phoenix Color Corp., Hagerstown, MD$160.00E$141.00+13Louis LaSorsa900BKS 100%61520Private 4  2000 Ranking:Previous Year's

Robert Hart has joined Mail-Well, Englewood, CO, as CEO and president of Mail-Well Envelope. Prior to joining Mail-Well, Hart spent more than 30 years with Atlanta-based Riverwood International. He most recently served as senior vice president of the $600 million paperboard operation. Mark P. Correia, vice president of manufacturing for Target Graphics, Boonton, NJ, has earned the designation of Certified Production Management Executive from the National Association for Printing Leadership (NAPL) Management Institute. The NAPL Management Institute conducts industry-specific management certification courses taught by graduate-level university professors and industry experts at Northwestern University. Randolph W. Camp has been elected as the 101st chairman of Printing Industries

The commercial printing industry's leading consolidators share their criteria for the art of the deal. BY ERIK CAGLE When one of our industry's acquisitions is among the top financial stories on "CNN," it becomes readily apparent that the world of commercial printing consolidation is heating up rather than slowing down. The highly anticipated deal that saw Quebecor Printing purchase one of the industry's leading consolidators, World Color Press, for $1.4 billion in cash and stock on July 12, was met by a lot of oohs and aahs. It was an impressive post-Fourth of July fireworks display, to be sure, even though many in the

LISLE, IL—Just when the breakneck pace of commercial printing industry acquisitions was slowing, the lull came to a resounding end with yet another spate of new purchases. Perhaps the biggest news was that, after months of regrouping, Wallace Computer Services, based here, returned to its acquisition course, acquiring Commercial Press, reportedly the largest commercial printer in San Diego. Commercial Press has 200 employees and projected sales this year of $26 million. The addition brings Wallace up to 25 commercial printing facilities throughout the United States. Mike Duffield, Wallace's president and COO, says Commercial's "profitability is strong, plus there is additional capacity that can be filled by

LISLE, IL—Just when the breakneck pace of commercial printing industry acquisitions was slowing, the lull came to a resounding end with yet another spate of new purchases. Perhaps the biggest news was that, after months of regrouping, Wallace Computer Services, based here, returned to its acquisition course, acquiring Commercial Press, reportedly the largest commercial printer in San Diego. Commercial Press has 200 employees and projected sales this year of $26 million. The addition brings Wallace up to 25 commercial printing facilities throughout the United States. Mike Duffield, Wallace's president and COO, says Commercial's "profitability is strong, plus there is additional capacity that can be filled by