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: 11Quebecor World, Montréal, Canada$6,500.00$5,000.00+30Charles G. Cavell44,000PUB 29%; ADV 20%; CAT 17%; DM 13%3,156985808Public160 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: 21R.R. Donnelley & Sons,
Consolidated Graphics
Now in its 18th year, the Printing Impressions 400 (in this special pull-out section) provides the industry's most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and previous year's rankings; most recent and previous year's fiscal sales; percentage change; primary specialties; principal officer(s); and number of employees, manufacturing plants and total press units. Each year, we continue to refine our list. As was done in several past years, we eliminated greeting card companies and several paper converters because they do not really compete in the
BY HARRIS DEWESE Have you been thinking now is the time to sell your printing company, buy a 60-foot Hatteras yacht and retire to Boca Raton? Forget it! Merger and acquisition activity in the printing industry is at a standstill. But, you say, "DeWese, you are crazy! My company is much better than my competitor, Smart Al's Lithographing. Al sold his print shop to a consolidator less than two years ago and he is living in Key Largo where he fishes on his 42-foot Chris Craft. He told me that he was paid more than six times earnings before interest, taxes, depreciation and
BY CAROLINE MILLER In August, catalog printers were crossing their fingers. The long-awaited holiday season was just around the corner. It's a time when most catalog printers see an increase of both page counts and quantity orders. And an increase is just what printers needed after a lackluster year. Top 10 -- Catalog Printers Company SegmentSales(millions) TotalSales (millions) 1 Quebecor WorldMontreal $1,105 $6,500 2 Quad/GraphicsPewaukee, WI $900 $1,800 3 R.R. Donnelley & SonsChicago $840 $5,254 4 Banta Corp.Menasha, WI $246 $1,538 5 Arandell Corp.Menomonee Falls, WI $196 $213 6 Perry Judd's Inc.Waterloo, WI $102 $343 7 Spencer PressWells, ME $94 $104 8 Continental Web PressItasca, IL $73 $121 9 Consolidated GraphicsHouston $68 $683 10 Von Hoffmann Corp.Saint Louis $64 $425 Sales figures are based on above printers'self-reported total and market segment breakdowns.At the time, early signs were beginning to indicate that catalog production would indeed increase during the
HOUSTON—Consolidated Graphics announced it has signed a letter of intent to acquire American Lithographers, a division of Smurfit Packaging, which has facilities in both Hayward and Sacramento, CA. Joe Davis, chairman and CEO of Consolidated Graphics, is happy to see the company expand upon its California presence with the acquisition. He adds that American Lithographers is one of the state's top web and sheetfed printers. Kenneth Bittner, general manager of American Lithographers, said the company is looking forward to joining forces with Consolidated Graphics. "This is a positive step for American Litho. We are pleased to join a company that is fully committed to
BY CHRIS BAUER There was a time, not too long ago, that you could not pick up a graphic arts publication without going blind by the number of news items focused on Company A acquiring Company B, or Company C buying up the assets of Company D. Then along came the current state of the economy. Wall Street's time of living high on the hog appears to be over—at least for now. Today, you can hardly open a newspaper or watch the evening news without seeing Alan Greenspan, chairman of the Federal Reserve Board, ready to drop interest rates yet again to try to put a
HOUSTON—In an attempt to reduce costs and improve operating efficiencies, Consolidated Graphics announced that it has combined the sales and printing operations in three under-performing locations into larger nearby facilities. A new strategic alliance has been negotiated for a fourth location, and the company expects to incur a special fourth quarter charge as a result, in the $4 million to $5 million range, after taxes. "Combining sales and printing operations in three of our markets enables us to serve customers much more efficiently," states Charles F. White, president and COO. "As the combined businesses were in close proximity, we now can provide the local service and
Bowne Reveals Cost ReductionsNEW YORK—Bowne & Co. revealed it will take additional steps in its cost reduction program that are expected to result in reductions in fixed and variable costs of more than $20 million in 2001. The cost-cutting initiatives are further realignments in manufacturing and composing operations, elimination of certain underutilized resources and a roughly 3 percent worldwide staff reduction through attrition, layoffs and reassignments. Bowne estimates that the related restructuring expenses will result in a fourth quarter pre-tax charge to earnings of less than $2 million. The company previously announced $7 to $9 million in annual cost savings, resulting from the combination
Now in its 17th year, the Printing Impressions 400 provides the industry's most comprehensive ranking of the leading printing companies in the United States and Canada. For the first time the list has been shortened from 500 to 400 firms, primarily in response to the industry consolidation that has occurred over the past few years. The listings include company name and headquarters location; parent company; current and previous year's rankings; most recent and previous year's fiscal sales; percentage change; primary specialties; principal officer(s); and number of employees, manufacturing plants and total press units. Each year, we continue to refine our list. As was done
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)