RR Donnelley

california BURBANK—California Coast Color has added a four-color, 40˝ Mitsubishi Diamond 3000S sheetfed press. It is the second Mitsubishi for the 12,500-square-foot shop with 20 employees. COSTA MESA—Hoover Printing & Lithography is now operating its newly installed, six-color HP Indigo digital press. SAN LUIS OBISPO—Herschel "Hank" Apfelberg, longtime professor of graphic communication at Cal Poly, died January 13 at Stanford University Hospital at the age of 67. Mr. Apfelberg started his career as a linotype operator/compositor. Before coming to Cal Poly, where he taught from 1971 to 2001, he worked as a process engineer and rotogravure administrator for American Can and as printing superintendent

New Press Finds Home In New Jersey HILLSBOROUGH, NJ—East Coast Media has installed a five-color, 28˝ Sakurai EDII press. It is fully automated with auto plate changers, ink rollers and blanket cleaners, and includes an SCC color console equipped with SAS, for auto sheet size preset, cylinder registration, and impression adjustment and setting. The press joins an existing two-color Sakurai perfector. Supreme Installation Bound to Please ARCADIA, WI—Full-service and specialty printer Supreme Graphics has purchased a Duplo System 4000 collator/bookletmaker from Best Graphics. A key part of its business is producing classroom texts, lesson planners and other books for schools. california SAN

FedEx Buys Kinko's Franchise MEMPHIS, TN—FedEx Corp. and Clayton, Dubilier & Rice (CD&R) have announced an agreement for FedEx to acquire Kinko's for $2.4 billion in cash. Kinko's operates approximately 1,200 stores worldwide, generating annual sales of about $2 billion. Funds managed by CD&R, a private equity investment firm, currently owns about 75 percent of Kinko's outstanding shares. Once the transaction is completed, all Kinko's locations will offer new or expanded FedEx shipping options to small- to medium-size businesses and to large corporate customers. FedEx has been Kinko's exclusive shipping provider since 1988. Scitex Selling Digital Printing TEL AVIV, ISRAEL—Scitex Corp. and Eastman Kodak have signed a

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2003. Therefore, companies that revised their 2002 revenues may have changed their 2002 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.) 1 ('02: 1) Quebecor World, Montréal, Canada Total Sales (Millions): $6,242.00 Previous Year's Sales (Millions): $6,300.00 Change (%): -1 Principal Officer: Jean Neveu Employees: 38,000 Primary Specialties: PUB 26%; ADV 23%; CAT 16%; BKS 12% Web Offset Press Units: 3,156 Sheetfed Press Units: 985 Other Press

BY chris Bauer Managing Editor The year 2003 can be summed up as a period that had its ups and downs as far as the commercial printing industry is concerned. For every plant closing, there seemed to be a plant expansion project. For every poor financial report, there was a major capital equipment expenditure. Some big names left the industry, making way for a new generation of leaders. And the industry's biggest annual trade show left attendees and exhibitors with a feeling of hope. Let's take a look back. The beginning of the year brought with it changes to the top spots at several

BY Chris Bauer Managing Editor No segment of the printing industry has undergone the vigorous changes that the financial printing market has experienced in the past few years. Financial printers traditionally positioned themselves as document experts, who helped clients manage production of documents and regulatory filings. They would manage the style and formats necessary to satisfy SEC financial regulations. As long as the economy sustained business growth, financial printers report that they saw no reason to change. When the economy was booming in the 1990s, financial printers simply invested in building an infrastructure parallel with a market acceleration that, odds are, will never

Unlike some professional sports, the printing industry seemingly has no salary cap when it comes to paying its top executives. Printing Impressions' 14th annual executive compensation report shows this, while highlighting the industry's top money earners at publicly held printing companies. William Davis (who plans to retire), chairman, president and CEO of Chicago-based RR Donnelley, tops this year's list, taking home more than $1.4 million, which is actually down from his salary last year. The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that are shown. While some executives, like

By Erik Cagle Senior Editor Issues abound for the direct marketing printer, and some of the high impact ones involve the federal government. Given this, there is but one absolute: don't expect hard and fast resolutions anytime soon. One topic centers on postal reform for the United States Postal Service (USPS); another deals with the possible redirection of marketing efforts from customers who may no longer believe that telemarketing is a viable answer in light of the federal Do-Not-Call (DNC) Registry. Top 10 Direct Mail Printers*  CompanySegmentSales(millions)TotalSales(millions) 1Quebecor WorldMontreal$624$6,242 2Vertis Inc.Baltimore$335$1,675 3Banta Corp.Menasha, WI$191$1,366 4RR DonnelleyChicago$142$4,754 5The Instant Web Cos.Chanhassen, MN$93$98 6Von Hoffmann(Lehigh Direct)St.

BY MARK SMITH Technology Editor Consumer spending was the only positive note on the economic front for some time, but that doesn't mean the numbers still couldn't stand some improvement. Now that the recovery has broadened to include business spending as it continues to gain steam, catalog printers have reason to be more upbeat about business prospects going into 2004, thanks to the trickle-down benefits of all this spending. "Positive economic trends bode well for the catalog industry in 2004," agrees Dan Knotts, president of Magazine, Catalog and Retail Industries at RR Donnelley. "As consumer confidence builds, catalogers will see growth again—albeit at

By Erik Cagle Senior Editor Try summing up the 2003 season from the book printing market's point of view. It can't be done. Sure, another Potter tome and the return of Oprah's book club did wonders for a struggling trade market, and most feel the elementary-high school (el-hi) sector was as depressed as the economy, with weak adoption programs to match. But, for the most part, the answers to what worked and what didn't pan out depends largely upon who is being asked. Top 10 Book Printers CompanySegmentSales(millions)TotalSales(millions) 1RR DonnelleyChicago$808$4,754 2Quebecor WorldMontreal$749$6,242 3Banta Corp.Menasha, WI$355$1,366 4Von HoffmannSt. Louis$348$535 5Bertelsmann ArvatoNew York$209$276 6Courier Corp.N.