BY CAROLINE MILLER When the ball dropped on Times Square at midnight on January 1, 2001, no one could have imagined how challenging this year was going to be for the printing industry. Top 10 -- Financial Printers Company SegmentSales(millions) TotalSales (millions) 1 Bowne & Co.New York $847 $1,114 2 R.R. Donnelley & SonsChicago $525 $5,254 3 Merrill Corp.St. Paul, MN $260 $649 4 Cunningham GraphicsJersey City, NJ $120 $185 5 IKON Office SolutionsMalvern, PA $45 $900 6 Burrups PackardPhiladelphia $30 $60 7 Applied Printing TechnologiesMoonachie, NJ $25 $105 8 Henry Wurst Inc.N. Kansas City, MO $21 $107 9 Scott PrintingNew Providence,
Henry Wurst Inc.
Sara Lindsey is the new marketing coordinator for Visual Systems, Milwaukee. Loretta Nichols has been named chairwomen of Printing Industries Association of the Heartland. Nichols is president and owner of L&J Sharpgraphics, Kansas City, MO. She is the first woman to lead the association in its 114-year history. Other individuals elected to officer positions include: Eddy Watkins, owner of Watkins Lithographic, as vice chairman; Rick Seymour, general manager of Nationwide Papers, as treasurer; and Bill Carroll, owner of ArtCraft Printing, as secretary. Michael S. Wurst, president of Henry Wurst Inc., is immediate past chairman. Those elected to serve a three-year term on the board of
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
The year 2000 brought a myriad of activity in the financial printing segment, from a slowing economy to a number of printer acquisitions. BY CAROLINE MILLER The end of 1999 will be recorded by many in the financial printing industry as one of the best years in modern history. However, the dawn of the new millennium found the financial printing market feeling the effects of a slowing economy. The year 2000 saw uncertain demand in capital markets activity, most noticeably the softening of IPO and mergers and acquisitions in the third quarter, leading to a significant slowdown in the number of deals brought to
Financial printing is benefiting from a robust M&A market, continued mutual fund surges and (surprise!) the Internet, as 2000 sets its sights on Wall Street. In 1997, the financial printing market was considered by some financial printers to be the hottest bull market in modern history. By the end of 1998, the same financial printing insiders were less enthused, dubbing 1998 a year of difficult "highs and lows," as the financial printing market and its lifemate—Wall Street—rode out a year that, for the market's competitive printers, was burdened with a dramatic downturn of transactional business. Then came 1999—thank goodness. Top 10 Financial Printers CompanySegmentSales(millions)Total Sales(millions)1R.R.