Modern Litho-St. Louis Expands With The Addition of Rolla-Based Scotts Printing

Modern Litho-St. Louis, a full-service commercial printer and mailer, announces it has acquired Scotts Printing of Rolla effective December 31st, 2022. Serving similar clientele, Scotts Printing operation pairs well with the business model of Modern Litho’s St. Louis facility, located on The Hill at 5111 Southwest Ave.

“Scotts Printing has had a successful presence in the regional print industry for many years with well-established customer relationships and high standards of service. We are grateful to have them on board and look forward to a bright future,” commented Skip Bray, Modern Litho- St. Louis President.

Established in 1986 in Rolla’s historic downtown district, Scotts Printing capabilities have included offset and digital printing with complete bindery and finishing. Davis Wilson, owner of Scotts Printing, noted “I am confident this affiliation with Modern Litho will not only benefit our customers, but also present new opportunities to serve them.”

Scotts Printing will cease operations at its current facility at 1111 E. State Route 72 Rolla, MO.
https://modernlitho.com/2023/01/modern-litho-st-louis-expands-with-the-addition-of-rolla-based-scotts-printing/

Net sales in the third quarter of 2017 were $329.5 million compared to $382.7 million in the same period last year, a decline of 13.9%. The Company generated net sales of $1.01 billion for the nine months ended September 30, 2017, compared to $1.16 billion for the same period last year, a decline of 13.1%. The sales decline for both the three and nine month periods was primarily driven by: (i) lower sales in the envelope segment, primarily due to lower direct mail demand primarily from our financial institution customers and lower demand in our wholesale and generic transactional envelope product lines primarily due to marketplace trends; (ii) lower sales volumes in the commercial print group and the publisher services group, primarily driven by lower customer demand and continued pricing pressures; and (iii) lower sales in the label segment, primarily due to the decision to exit our coating operation which was completed in the second quarter of 2016, and lower sales driven by customer demand and product mix changes. Operating loss was $0.5 million for the three months ended September 30, 2017, compared to operating income of $20.2 million in the same period last year. Operating income was $22.6 million for the nine months ended September 30, 2017, compared to operating income of $51.9 million for the same period last year, a decline of 56.5%. The decline during the three months ended September 30, 2017 was primarily due to lower gross profit resulting from lower sales volumes and intangible asset impairments of $7.7 million driven by our current and expected future operating results for certain product lines. The declines in the nine months ended September 30, 2017 were primarily due to lower gross profit resulting from lower sales volumes, the impact of the decision to exit the coating operation, intangible asset impairments of $7.7 million driven by our current and expected future operating results for certain product lines, and higher restructuring and other charges resulting from the 2017 Profitability Improvement Plan. Click Read More below for additional information.

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