Monday, January 14, 2008

Quote, unquote: Printing history and Quebecor World's troubles

Quebecor World has provided publishers and catalogers with a valuable service for a long time, they have kept the cost of printing competitive. IF RRD, Quad and other large printers had their way, our costs would be significantly higher. To rationalize where Quebecor World is today, we have to take history into account.

First lets realize that the US plants started as WA Krueger, then became Ringier America and then World Color before becoming Quebecor World. Lets talk about the fact that the previous owners were interested in making money by any means and did not keep up with technology or invest in their infrastructure.

Lets face it, by the time Quebecor purchased World Color, the plants and equipment were becoming obsolete and were in desperate need capital expenditures and improvements. Lets think about the determination and faith that it took to consolidate plants and purchase a huge amount of equipment to bring them up to today's quality and efficiency levels. They accomplished this in a remarkably short period of time and while there were specific problems along the road they have reached the pinnacle only to have the financial bridge for the cost of modernization collapse.
-- an anonymous industrial supplier, commenting on the BoSacks blog about the problems faced by magazine printer Quebecor World.

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