Toasting the Top 100
In this issue, Print Solutions presents its fifth annual Top 100 Manufacturers list. The main ranking is based on fiscal year 2001 sales, but we also provide lists of the fastest-growing manufacturers, the firms generating the highest sales per employee, regional rankings and the top sellers in five product categories. As we crunched the numbers and compared them with statistics from previous years, bad news and good news emerged.
The bad news is no surprise: The demand for traditional forms continues to decline. Printers have faced a stagnant economy for more than a year. Many Top 100 companies reported sales losses in fiscal 2001. From that standpoint, the industry's glass appears half-empty. What a year.
The good news is encouraging: Despite economic troubles, manufacturers are making the most of their resources. Among the top 10 manufacturers in the Highest Sales Per Employee category, average sales per employee rose 8 percent last year. In the past five years, it has risen 15.7 percent.
A handful of the manufacturers on the Top 100 list achieved dramatic growth. The fastest-growing company on the list, Team Concept Printing & Thermography in Carol Stream, Ill., increased its sales by a whopping 62.5 percent by offering cut sheets, envelopes, labels and tags, and commercial printing.
Commercial printing helped other manufacturers succeed as well. The top 10 commercial printing manufacturers experienced an average growth rate of 14 percent, compared with a 1.5 percent growth rate among Top 100 companies overall. (To read about distributors' roles in the commercial printing market, turn to "A Team Sport" on page 34.)
When the going got tough, most manufacturers delivered their best. They cut back on expenses and adopted new products and technologies. To them, the industry's glass appears half-full. What a year!
Of course, manufacturers don't make the Top 100 list without indispensable help from distributors. I invite you to explore three profiles of successful distributorships in this month's issue. In our Adding Value profile (page 12), The Venture Corporation shares details about customized services it offered a manufacturing firm facing label problems. Turn to our Spotlight profile (page 20) to learn how Xtension Technologies Inc. makes a splash with MICR printing solutions. And read about Mentzer Printing Ink's creative Valentine's Day marketing stunt in our Off Hours profile (page 124).
This issue also includes "A Niche Worth Hanging Onto," (page 82) an introduction to selling tags that includes distributors' success stories and useful tips, and "Using a Fleet of Products," (page 26) which provides insight into the buying decisions of end user Bruins Pro Shop in Boston.
In fiscal 2001, it's clear that manufacturers, distributors and suppliers pulled together and worked as a team. Whether you think the industry's glass is half-empty or half-full, it's a glass worth raising. Cheers to you!
Rita Tiefert
Assistant Editor
Editor in
Chief
Peter L. Colaianni, CAE
Vice President, Publications & New
Media
Brad Holt
Managing Editor
Darin Painter
Assistant Editors
Kara S. Carpenter
Rita Tiefert
Circulation Manager
Diane Saunders
Art Director/Production
Manager
Roxanne Rash
Contributing Editors
Mark J. Trumper
J. Buster Weinzierl, CDC
Publications Committee
Gary W. Nelson,
Chairperson
Allen
Conway
Ric Fisher
Ginger Garrett
Dennis King
Kevin Lombardo
Marvin A.
Makofsky, CFC
Markus
Marfurt
Dominic
Mencarini
Donald D.
Patteson, Jr.
Nick Nesci,
CFC
Jeffrey P.
Townsend, CFC
Mark
Trumper
Advertising Sales
Jack
Burris
The Townsend
Group Inc.
4920 Elm St.,
Ste. 325
Bethesda, MD
20814
Phone: (301)
215-6710
Fax: (301)
215-7704
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Volume 40, Number 2, April 2002.
Print Solutions
(USPS 205-400, ISSN
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