LYCOS RETRIEVER
Printing: Commercial Printing
built 655 days ago
Dependence on Business Activity - The volume of commercial printing is closely tied to the health of the US economy. While advertising is the mainstay of commercial printing, financial printing has ... grown rapidly in the past decade. Both advertising and financial activity are sharply affected by the economy and stock market.
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NUR Macroprinters (NURMF.PK) is a leading supplier of wide-format inkjet printers for the printing industry. NUR develops, manufactures and markets wide-format inkjet production printers and high-quality companion inks for a wide variety of business enterprises including commercial printing companies, sign printers, screen printers, billboard and media companies, photo labs, and digital printing service providers. NUR's cost-effective, reliable printing solutions are helping customers worldwide deliver the high quality and fast turnaround they need to meet their clients' exacting demands and succeed in today's competitive marketplace. More information about NUR Macroprinters is available at http://www.nur.com.
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The commercial printing industry in the US includes around 35,000 companies with $90 billion of annual revenue. Several giants like RR Donnelley and Canadian printer Quebecor World have multibillion revenues, but most printers considered "large"have annual revenues under $1 billion. The majority of commercial printers are small or midsized businesses that operateone production plant, employ fewer than 20 people, and have annual revenue under $5 million. Despite continuing consolidation, the industry is highly fragmented; the largest 50 companies hold only about 30 percent of the market.
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Smith Investment is a diversified company with headquarters in Milwaukee, Wis. Its product lines include multicolor printing and related services and commercial warehousing, trucking and packaging. The company ... owns a control position in A. O. Smith Corporation (NYSE: AOS).
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"The McLeod family and the employees of Pikes Peak have established an excellent reputation in the marketplace by consistently providing customers with high quality large format commercial printing," commented Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics. "We are very excited about the opportunity to further expand our large format printing capabilities with this acquisition, and we look forward to leveraging Pikes Peak's strengths in combination with the strategic and economic advantages that Consolidated Graphics has to offer."
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Fiber and chain-of-custody certification is a high-priority issue today in commercial printing, paper distribution, paper manufacturing and commercial forestry. The issue is driven by print customers seeking to align their social and environmental philosophy with their purchasing practices.
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