Courier is considering the move due to the impact of technology and competitive pressures affecting the one-color paperback books in which the plant specializes. Courier will be soliciting input from the union that represents some of the plant’s 110 employees.
Commercial printing industry news briefs, including items on RR Donnelley, EFI, Heidelberg, MSP Digital Marketing, Fry Communications, The Sheridan Group, EskoArtwork, IWCO Direct, Fort Orange Press, Courier Corp. and Databank IMX.
Courier and Pearson have been working together for nearly 50 years, serving America’s teachers and students with textbooks at every level, from elementary to higher education. The new agreement spans this entire range with volume and price commitments covering textbooks and components in both two- and four-color production.
Revenues for the first quarter were $61.2 million, down 3 percent from last year’s sales of $63.1 million. However, both of Courier’s business segments benefited from the successful startup of Courier Digital Solutions, which has enabled improved efficiency in short-run production.
One of the biggest questions heading into 2011: Has the e-reader market peaked, having now been embraced by the most ardent bibliophiles, or is there reason to believe more market share can be cannibalized? Further, whither the future of the educational sector and its possible adoption of e-readers in lieu of textbooks?
With publicly held companies on the 2010 Printing Impressions 400 reporting sales declines for their most recently completed fiscal years, pay levels for the principal officers at these large firms didn't necessarily follow suit. For most of the executives appearing here, their overall salaries were up significantly.
Printing Industries of America proudly announces the recipients of the 2010 Best Workplace in the Americas Awards. A total of 36 graphic arts companies, both members of Printing Industries of America and non-members, were selected by a committee of distinguished human resources experts from within the industry.
For fiscal 2010 overall, Courier sales were $257.1 million, up 3 percent from $248.8 million in 2009, and its net income for the year was $7.1 million, vs. a loss of $3.1 million. “With our January acquisition of Highcrest Media and our spring installation of advanced four-color digital inkjet technology from HP, we launched Courier Digital Solutions (CDS),
NORTH CHELMSFORD, MA—Courier Corp. has purchased a second HP T300 color inkjet web press, extending a highly successful HP T300 operation that produces offset-equivalent books on coated and uncoated papers.
Courier is looking to expand its capacity to produce offset-equivalent, digital books on coated and uncoated papers. Its first machine now operates three shifts a day, five days a week, producing textbook titles at lower run lengths. "There's real money out there for publishers using the HP T300 because it reduces inventories, reduces obsolescence and frees up working capital," said James F. Conway III, Chairman, President and CEO of Courier Corp.
