No one has to tell you that times are hard and your company is not unique. Just look at your bottom line!
Case Hoyt one of the nations largest printers is history. Up State Printers in Rochester NY is gone. Baush and Lomb there entire in house printing operation is gone. Garlock a gasket manufacture there in house printing department is history. I am sure you are getting the picture.
There will be survivors, companies much leaner and concentrating in specfict areys. Is your company going to be s survivor!
I have talked with owners from New York to Florida and they are all in trouble. Some are taking jobs for wages, some to show the bank thay have work in hopes of securing yet another loan.
No longer do companies need to inventory large quanities of printed products as most of there froms are printed off computers. There is no one answer to this problem.
Food for Thought:
Do a survey of all your customers to establish what they can do in house and what they can't do in house. Next survey the customers you would like to have and do the same.
Take a hard look at the equipment you alread have under roof it's capabilites in relationship to your survey.
Envelopes for example are not easilly printed off a computer especially if there multi-colered. I bet you have a press under your roof right now that is capable of printing envelopes. NO NEW INVESTMENT FOR EQUIPMENT! So look around you and concentrate on what you can do and what you cant do!
How about perforating and or scoring, I bet your customer cant do that.
The bright side to the down side. Banks across the nation are loaded with repossed printing equipment, THERE NOT IN THE PRINTING BUSINESS! I have bought equipment in good times from a bank for pennies on the dollar so imagine what you can do in these hard times.Remember in most cases the bank is paying every month just to store this equipment.
Right now there are experinced press men willing to work for a fraction iof there previous salery as there is not many options for them.
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