Tuesday, May 12, 2009

Printers Still not Healthy

A few recent reports from the trade-
-RR Donnelley posted an alarming drop of 92 percent in first quarter net profits this week.

-A decline in orders and the dismal economy has forced Quad/Graphics hand again, prompting the nation's largest privately-held printer to lay off 140 employees

-Although not doing well in the current quarter, Quebecor World is projecting to turn modest profits over the next two years, according to bankruptcy court filing it made Wednesday. The company expects to earn $7 million in 2010, a figure that will rise to $57 million in 2011 and $74 million in 2012

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