Walsworth Brings Stephanie Maday Aboard as New Executive VP of Commercial Sales

Summary Results: Net earnings improved during the third quarter of 2017 to $20 million, a $9 million year-over-year increase, despite a 4.8% decrease in net sales to $1.0 billion. Organic sales decreased 3.7% due to ongoing industry volume and pricing pressures after excluding pass-through paper sales (-1.2% impact) and foreign exchange (+0.1% impact), and is consistent with the Company’s previous guidance. Diluted earnings per share for the third quarter of 2017 improved to $0.38 compared to $0.22 in 2016 primarily due to lower depreciation and amortization, and cost reductions and productivity improvement activities. Third quarter 2017 Non-GAAP Adjusted EBITDA decreased to $116 million compared to $122 million in 2016; however, due to ongoing productivity improvements and sustainable cost reductions, the Company was able to keep Adjusted EBITDA margin flat year-over-year at 11.5%. Net earnings improved for the nine months ended September 30, 2017, to $52 million, a $45 million increase from 2016, despite a 5.2% decrease in net sales to $3.0 billion. Organic sales decreased 3.7% due to ongoing industry volume and pricing pressures after excluding pass-through paper sales (-1.4% impact) and foreign exchange (-0.1% impact). Diluted earnings per share improved to $1.01 during the nine months ended September 30, 2017, compared to $0.15 in 2016. Year-to-date Non-GAAP Adjusted EBITDA was $334 million, a 1.8% decrease from 2016, and Adjusted EBITDA margin improved to 11.2% as compared to 10.9% in 2016. Click Read More below for additional information.

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.

Forty years in business is something to be celebrated. For Sussex, Wisconsin-based Color Ink, which is a third-generation family business, its 40th anniversary marked an opportunity for the company to celebrate its history and the people who helped the company grow, including past and present employees, clients, and vendors. We reached out to company president Todd Meissner to find out more about its 40-year celebration — called "The Reunion" — and why it's important to acknowledge and celebrate important milestones in a company's history. Printing Impressions (PI): Can you give a brief history of Color Ink? Meissner: Founded in 1984 by visionary Jim Meissner, Color Ink Printing Company has left an indelible mark on the Wisconsin printing landscape. What began as a modest venture has blossomed into a distinguished company known for its commitment to innovation, precision, and creative expression.