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Study: Non-Print Revenue Services Will Grow
Non-print revenue services such as digital database management, digital asset management, digital database archiving, mailing management, kit fulfillment, etc., will account for 13 percent of total print revenues by 2010, according to a Print Industries Market Information and Research Organization (PRIMIR) study. Mail management, kit fulfillment and logistics will continue to remain strong as these services correspond well with printers’ operations, says the study, Benchmarking Non-Print Revenues of Printing Companies. Within the 2005-2010 timeframe, web/internet activities will provide the greatest potential for revenue growth, it says.

Gift Cards Boost Sales
Consumers put their gift cards to good use in January at clothing stores, department stores, and personal care stores, according to the National Retail Federation (NRF). The retail industry sales for January (which exclude automobiles, gas stations, and restaurants) rose 5.3 percent over last year, the NRF said. “Though January is historically the slowest sales month for retailers, gift cards are changing the game by bringing a much-needed boost to stores,” said NRF Chief Economist Rosalind Wells.

Cenveo Completes Purchase of Cadmus Communications
Cenveo Inc., Stamford, Conn., completed its previously announced purchase of Richmond, Va.-based Cadmus Communications, one of the largest providers of content management and production services to scientific, technical and medical journal publishers, and a leading provider of specialty packaging and promotional printing services. Cenveo acquired Cadmus Communications for $430 million.

Cenveo Inc. also announced its results for the three months and full year ended Dec. 31. For the fourth quarter, Cenveo reported net income of $27.9 million compared to a net loss of $37.8 million in the fourth quarter of 2005. Net sales for the quarter decreased to $384.2 million from $407.4 million in 2005, primarily due to Cenveo’s decision to close or divest non-strategic businesses since the fourth quarter of 2005. In addition to its purchase of Cadmus Communications, Cenveo acquired Rx Technology last July, to supplement its label operations, and recently completed its acquisition of Printegra.

Champion Announces Record Net Income
Champion Industries Inc., Huntington, W.V., announced record net income of $1.27 million, a 10.7 percent increase over the prior year’s net income.

Global Document Solutions Expands
Global Document Solutions opened a 130,000-square-foot state-of-the-art document processing facility in Carlstadt, N.J. The facility features expansive print and mailing operations and a high-speed data center that links Carlstadt to the company’s two other processing facilities in San Francisco and New York City. GDS provides a range of integrated solutions to industries such as financial services, high technology manufacturing, insurance, advertising and the public sector.

Domtar Closes Transaction with Weyerhaeuser
Domtar Inc., Montreal, announced the completion of the previously announced transaction to combine with Weyerhaeuser Company’s Fine Paper business and related assets, creating Domtar Corp., the largest manufacturer and marketer of uncoated free sheet paper and a leading manufacturer of market pulp in North America.

Hammer Packaging Installs Web Offset Press
Hammer Packaging, Rochester, N.Y., installed a Drent Goebel variable sleeve web offset press. The press was custom configured for Hammer and features a 33 1/2-inch web, electron beam and UV curing system for inks and coatings, inline lamination and continuous unwinds. Variable sleeve offset printing provides high-quality printing positioned to compete graphically with rotogravure. Primary products include roll-fed labels, shrink sleeves, roll-on shrink-on labels, 2-ply pouches, cut and stack labels and in-mold labels.

Paper Mill Feels the Chinese Threat
A NewPage Corp. paper mill in Luke, Md., is being threatened by imports of cheaper paper made in China, according to a New York Times story. Although China’s market share in coated paper is still small, the paper mill’s backers are hoping to block what they see as unfair competition.

InnerWorkings Reports Profits
InnerWorkings Inc., Chicago, reported record fourth quarter and fiscal year results for the period ended Dec. 31. Revenue grew 175 percent vs. the fourth quarter of 2005 to $61.2 million. Operating income rose 287 percent to $5.1 million, up from $1.3 million in the fourth quarter of 2005. For fiscal year 2006, revenue increased 109 percent vs. the prior year to $160.5 million. Operating income increased 179 percent to $12.8 million, up from $4.6 million in fiscal year 2005.

Admore Named Designer Friendly Company
Admore, an Ennis company based in Macomb, Mich., was recognized as a “Top 100 Designer Friendly Company” in the February 2007 issue of Graphic Design USA. The recipients of this award are recognized for providing topflight products and services, adding value, finding solutions and supporting the graphic design community. Admore was commended for its user-friendly website that features design templates and tip sheets.

Business Stationery Announces Winners
Business Stationery Inc., Cleveland, announced winners of its Holiday Cash 2006 fourth quarter sales contest. Robert Sanchez of United Print Group, Long Island, N.Y., received a $500 check for the highest dollar increase in sales for the fourth quarter of 2006 compared to 2005. Other winners based on sales percentage increases for the quarter included Craig McCallister of Stuart and Associates, Cleveland, who won $500; Larry Steinbacher of Proforma Steinbacher and Associates, Parma, Ohio, who won $250; and Mark Patterson of Proforma Metro Printing, Owings, Md., who won $250.

Printer Errs, Customer Receives $24B Electricity Bill
As many as 1,385 residents of Weatherford, Texas, received erroneous late notice electric bills because of a printing mistake, according to a story in the Weatherford Democrat. One customer received a bill for $24 billion.

Consolidated Graphics to Acquire Hopkins Printing
Consolidated Graphics Inc., Houston, has signed a letter of intent to acquire Hopkins Printing Inc., Columbus, Ohio. Hopkins’ management team, including President Jim Hopkins, will remain with the company following the acquisition’s completion. “Hopkins Printing represents an ideal opportunity for Consolidated Graphics to significantly expand its leading national footprint while also giving Jim and his management team the opportunity to continue growing their company by leveraging Consolidated Graphics’ considerable strategic and technological advantages,” commented Joe R. Davis, chairman and chief Executive officer of Consolidated Graphics in a press release issued by the company.