Printing Problems

An emerging battle between two of North America's biggest printing companies looks like it could get personal.

[PKP is an idiot]

Why in the world would a company just out of Chapter 11 want to merge with Vertis. Vertis and American Color just did the same thing while in Chapter 11. The biggest problem both companies face is the need to invest in new Presses etc. This would mean adding debt to the new World Color yet at the same time not addressing the biggest issue. If they want to add more debt they should use it to invest in the plants they already have.

Just my 2 cents

[hicky]

What we all need is a better price ,that reflecks
the real costs. The big three ran us all in the toilet.

[Bones]

Heard that Quebecor wants Vertis to shut down the plants and get the contracts.... same thing Donnelly wanted to do to us.

[Realist]

Vertis has only offset plants.

[Taxed]

Your new CEO has Vertis ties.

[flyers]

After the vertis merger, they will go for Vallasis. Retail and flyers is where Quebecor has always done well. Plus, this is one of the few print markets showing some sign of stability.

[arnold]

what you talking bout wills' this better be a joke I just went to vertis.

[guest1]

Realist wrote:

Vertis has only offset plants.

Not true. Vertis has a Digital division, inserting, direct mail, pre-media, and many other divisions.

[hicky]

The management at what ever we are called this week, could not run a paper stand and make it pay,to much lip gloss and no brains.To many yes men and no balls.We will do the same things and get the same results.

[Get a life]

hicky wrote:

The management at what ever we are called this week, could not run a paper stand and make it pay,to much lip gloss and no brains.To many yes men and no balls.We will do the same things and get the same results.

Why don't you quit complaining about it and do something about it like quit!

[Realist]

guest1 wrote:

<quoted text>
Not true. Vertis has a Digital division, inserting, direct mail, pre-media, and many other divisions.

They have no gravure was my point.

[Bookie]

Just saw the RRD results for 2nd quarter. Both Queb ( or World ) and RRD are both in serious trouble with huge amounts of excess capacity that will never be filled up again. Plant closings will continue at both companies.

[Billy]

Bookie wrote:

Just saw the RRD results for 2nd quarter. Both Queb ( or World ) and RRD are both in serious trouble with huge amounts of excess capacity that will never be filled up again. Plant closings will continue at both companies.

__________

"Never" is a long, long time. I agree with you that right now, there's a shit load of excess capacity.

However, I believe that when the overall economy improves, a lot of that excess capacity will be whittled down a good bit.

I am NOT one of those naysayers who seem to just love preaching that printing is simply a dinosaur, which will soon become extinct.

However, I see no quick economic turnaround. If energy prices continue to rise as they have been, we're all gonna be fucked.

[A Realist]

Billy wrote:

<quoted text>
__________
"Never" is a long, long time. I agree with you that right now, there's a shit load of excess capacity.
However, I believe that when the overall economy improves, a lot of that excess capacity will be whittled down a good bit.
I am NOT one of those naysayers who seem to just love preaching that printing is simply a dinosaur, which will soon become extinct.
However, I see no quick economic turnaround. If energy prices continue to rise as they have been, we're all gonna be fucked.

I agree somewhat Billy..but the only way the capacity will disappear, is when they close plants and consolodate...

[Billy]

A Realist wrote:

<quoted text>
I agree somewhat Billy..but the only way the capacity will disappear, is when they close plants and consolodate...

__________

Although I hope that additional plant closings and industry consolidations don't happen, I too am a realist. Both seem unavoidable in the current economic climate.

[Realist]

Billy, I agree.

[Follow the Money]

You have to look beyond the obvious to see the real reasons for things. The greedy hedge fund Avenue Capital has a large stake in both Quebecor and Vertis and they have tried to put the two together before and have made no secret about wanting to see the two merge so you can believe the rumors - they will be merged unless something in the deal process doesn't go right. With these guys it is all about the deal - not about the business. There is too much capacity. By combining the players and closing unnecessary plants, it is possible to capture the business and then increase prices. That is the master plan and it is already underway boys. Best thing to do if you want to keep your job is to be the very best at what you do and make sure others know it.

[prepboy]

They drove the price of print in the toilet,to be the biggist . Shit for brains.printmore for less on old equipment and never stop to fix anything but have no waste or sell it as good copies. We are being run by used car salesmen.

[Vertis Guy]

guest1 wrote:

<quoted text>
Not true. Vertis has a Digital division, inserting, direct mail, pre-media, and many other divisions.

Vertis is strong in the technology side of the feild.

[who cares]

Has anyone heard anthing of anymore plants closing?