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Article: Printing companies ink up a successful year. (Los Angeles County-based printing companies)
- Article from:
- Los Angeles Business Journal
- Article date:
- April 3, 1995
- Author:
CopyrightCOPYRIGHT 1995 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rising cost of paper cuts into companies' profits
Los Angeles County-based printing companies had a banner year in 1994, with the top 25 printers on The List (see opposite page) collectively inking a 20 percent sales gain over the previous year to a total of $1.53 billion.
In 1993, sales for the top 25 printers in the county were $1.28 billion, up a more modest 5 percent from 1992's $1.22 billion.
But, some in the industry cautioned, pan of the 1994 increase in sales was due to the rising cost of paper - some types of which rose by as much as 30 percent last year. Thus, people in the industry said, just because sales were up doesn't mean profits ...