The Print and Graphics Scholarship Foundation elected several new members, as well as re-electing existing members to additional terms. The PGSF Board directs an endowed fund of just under $10 million that is dedicated towards encouraging young people to consider the graphics field as a career.
Book and magazine printing powerhouse LSC Communications voluntarily filed for business reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. The only surprise — perhaps expedited from the financial fallout of COVID-19 — is that the announcement came April 13.
New Direction Partners, a mergers & acquisitions resource for the printing and packaging industries, represented Holland & Crosby Limited in its recent sale to Transcontinental Inc.
In a product-focused model, the company focuses on producing a limited set of applications as competitively as possible and selling those across a variety of customers. In a customer-focused business model, businesses work to provide everything a customer needs, even if they don’t produce everything in-house.