El-Hi and Trade Fuel Optimism Among Manufacturers
Mergers and acquisitions in the print industry over the past year resulted in some changes at the top of BookTech Magazine's annual Top Book Manufacturing listing—ranked by book-manufacturing revenue.
One change concerns the perennial Nos. 1, 2 and 3 on our list. When RR Donnelley acquired Moore Wallace last year, it changed the way the $8 billion company breaks down its revenues. It used to report the performance of individual units, but now casts revenues into two major business components: publishing and retail services, and integrated print communications and global solutions business. The latter category accounts for 40.2 percent of RR Donnelley revenues. Of that percentage, Ed Lane, president of RR Donnelley's book publishing services business, estimates the company's global book revenues at around $700 million (which was calculated to be $698.4 million, based on an estimated percentage). That estimate would push Donnelley slightly ahead of Quebecor World, which reported its book revenue in 2004 as $695.3 million.