Ennis Inc.

Commercial printing industry news from Printing Impressions’ November 2010 edition, featuring items on Messenger Press and All Color Offset Printers.

“We feel that this reorganization most effectively streamlines the company to deal with meeting our sales goals, e-commerce initiatives, ERP migration and operational plans,” said Michael Magill, executive vice president. Terry Pennington will now lead the national sales team and oversee all sales functions for the Print Segment. Dale Donati will now oversee all Print Segment manufacturing facilities and their respective general managers will report directly to him.

Ennis expects the capabilities of the Meteor DP60 Pro multi-substrate digital press to unlock more print opportunities previously hampered by the production requirements. “Our new equipment will allow our distributors to address their customer needs for gift and loyalty cards. The plastic card market continues to grow even during challenging economic conditions," noted Terry Pennington, vice president of sales at Ennis.

The business will operate under the trade name Atlas Tag & Label and will expand Ennis’ capabilities in the tag and label product lines sold through the indirect sales (distributorship) marketplace. The majority of Atlas’ employees have been offered positions with Ennis’ new operation.

For the quarter, Ennis' consolidated net sales increased by $5.2 million, or 3.8%, from $137.8 million for the quarter ended August 31, 2009 to $143.0 million for the quarter ended August 31, 2010. Print sales were $69.1 million, compared to $73.9 million, or a decrease of 6.5%. Apparel sales were $73.9 million, compared to $63.9 million for the same quarter last year, or an increase of 15.6%.

For the quarter, consolidated net sales increased by $9.9 million, or 7.6%. Print sales decreased 5.4%.

Revenues for the quarter increased by 3.5%, to $121.4 million, but print sales declined 10.4% to $66.1 million, compared to the same quarter last year.

Consolidated revenues for the quarter ended November 30, 2009 were $127.8 million compared to $142.5 million for the quarter ended November 30, 2008, a decrease of $14.7 million or 10.3%.

The salary excesses in the financial/investment banking world that fueled widespread public outrage, however, won't be found among the earnings of principal officers at the largest publicly held printing companies.

MIDLOTHIAN, TX—November 10, 2008—Ennis, Inc. is pleased to announce that it is listed among Forbes “200 Best Small Companies” for 2008. Ennis ranked 134th on this year’s highly reputable list. Ennis has been named to the Forbes list for six of the last seven years and for five consecutive years from ’02-’06.