Reduction in Federal Government Spending Impacts Work for Private Sector Printers
Rounding out the top five GPO job winners for 1Q11 were SourceLink, Miamisburg, Ohio, with $4,033,708, Cenveo, Stamford, Conn., with $2,189,457, Monarch Litho, Inc., Montebello, Calif., with $1,719,564 and Gray Graphics, Capitol Heights, Md., with $1,447,835.
“Even though GPO work has been decreasing due to overall spending reductions by federal agencies, GPO remains a solid market for printers. GPO awards more than $350 million annually to private sector printers, and that is worth being a GPO print supplier,” said Deborah Snider, senior vice president of e-LYNXX Corporation and division president of Government Print Management. “Printers that develop GPO as a dependable secondary market increase their profitability from an average of 2.5 percent on 70 percent production utilization to 14 percent or more on closer to 100 percent production utilization.”