2020 Printing Impressions 350 Reveals Largest Printing Companies, Printing Industry Trends (piworld.com)

March 2023 printing shipments came in at $7.18 billion, up from February’s $6.46 billion and in line with annual seasonality—even if it is below the previous two Marches. Still, after one quarter, 2023 has marched in pretty close lockstep with both 2021 and 2022. We entered 2023 with the best start to the year since 2020 (yeah, yeah, yeah) but we’re holding our own. If regular seasonality continues, we’ve already hit the high point of the year until October. January-to-March shipments for 2023 are at $20.39 billion, a scosh higher than last year’s $20.25 billion. April will give us a clearer idea of whether we are in for a tough or good year.

"Increased profit in our Packaging Sector for the quarter was more than offset by the impact of lower volume in our Printing Sector, said Peter Brues, President and Chief Executive Officer of TC Transcontinental. In this context, I appreciate the speed with which both sectors implemented cost saving measures. "Our Packaging Sector recorded solid growth in adjusted profit, continuing to build on the momentum of the previous quarters. All our segments delivered improved profit in the quarter except our Latin American operations which experienced continued volume pressures. We expect that our focus on developing sustainable products and commitment to an improved cost position will support continued improvement. "In our Printing Sector, volume decreased significantly in the quarter. Our team has a solid track record of adjusting our cost structure and has already implemented measures to mitigate the impact of lower demand. We are seeing the early benefits of our actions and we will continue to adjust as necessary.

Appleton, WI based JP Graphics has been acquired by BR Printers of San Jose, CA. JP Graphics serves the print market with an array of services such as offset, digital, large-format printing, and robust packaging capabilities. JP Graphics is a leading manufacturer of custom folding carton packaging and packaging accessories serving clients in food and beverage, health and wellness, and consumer goods markets. BR now maintains two facilities in the Appleton region: National Graphic Solutions (NGS) and JP Graphics Inc. “JP Graphics and BR share the same passion for providing creative solutions to our customers,” says Adam DeMaestri, President and CEO of BR Printers, “The addition of JP Graphic’s product lines, personnel, and equipment will allow us to continue to leverage our scale to offer enhanced solutions for our clients in digital print and expand to provide specialty packaging solutions. Together, we will better serve our customers with added reach, capacity, and high-end, design-forward product offerings.”