Schawk Inc.

In honor of Schawk Inc.'s 60th anniversary, Founder and Chairman Clarence W. Schawk, along with members of Schawk's executive leadership team, will ring the NYSE Opening Bell on Friday, June 7, at 9:30am (EDT). The company started trading on the NYSE in 1995.

Schawk Inc. reported a net loss of $2.2 million in its 2012 third quarter, compared to net income of $8.1 million in the third quarter of 2011. Consolidated net sales in its latest quarter totaled 110.8 million, vs. $112.3 million in 2011.

Schawk’s ColorDrive is the first product of its kind to align measured and calibrated visual scores throughout the packaging development supply chain process to achieve the highest levels of consistency currently possible in the reproduction of a brand’s colors worldwide.

Schawk Inc. reported a second-quarter 2012 net loss of $1.5 million vs. net income of $4.0 million in the second quarter of 2011. “The year-over-year decline in profitability reflects certain investments we made to expand our brand development and deployment capabilities and extend our presence in emerging markets. However, due to persistent economic headwinds in the Americas, we took additional steps to leverage our operations and will continue to look for opportunities to improve our profitability over time,” CEO David A. Schawk commented.

DES PLAINES, IL—Schawk Inc. announced that its board of directors has appointed Eric Ashworth to the position of president. In this role, Ashworth will direct the overall strategy and implementation of business tactics within the company’s practices, brands and business units worldwide to synthesize new business activities.

As company president, Eric Ashworth will direct the overall strategy and implementation of business tactics within Schawk’s practices, brands and business units worldwide to synthesize new business activities. He will also have executive oversight of the company’s brand development business, which includes Brandimage and Anthem Worldwide.

Schawk’s net income for the full year of 2011 was $20.6 million, compared to $32.4 million for the comparable prior-year period. Its consolidated net sales in 2011 were $455.3 million vs. $460.6 million in 2010, a decline of approximately $5.3 million or 1.2 percent.

The Ben Franklin Honor Society of PIA has inducted: William J. Gibson, Burton & Mayer; Ken Rizzo, PIA; Diane Romano, HudsonYards; Hal Slager, Trico Graphics; Edward G. Slezycki, Wikoff Color; Michael R. Stief, Intelligencer Printing; and Richard D. Warner, PIA.

Commercial printing industry news briefs, including items on The Edward Hine Co., Dataflow Inc., The Printing House, Transcontinental, PrintHarmony.com, Schawk, Harmony Printing & 
Development, Integraphx and Hewlett-Packard.

Commercial printer company and personnel news from Printing Impressions’ October 2011 edition.