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20 ■ October 6, 2010 • GRAPH EXPO


Official Show Daily • Cygnus Graphics Media


Landmark Study Explores Capital Investment Process


NAPL’s Paparozzi revealed results of study during Monday’s Critical Trends Breakfast R


esults from the new NAPL Capital Investment Study, a landmark report on the entire industry capital


investment process, were revealed for the first time at the NAPL Critical Trends Summit on Monday, Oct. 4, by NAPL Senior Vice President and Chief Economist Andrew Paparozzi. “Nothing will be more important to future success in our industry than getting capital investment right,” said Paparozzi, leader of the NAPL Research Center, whose economists analyzed sur- veys returned by more than 350 printing company participants and conducted follow up interviews in developing the NAPL Capital Investment Study. “Capital investment, like so much else in our industry, is getting more complex,” he added. “We are investing over a much broader range of options, and while the return to being right is greater than ever, so is the cost of being wrong.”


The study, sponsored by Canon,


was based on responses from industry companies in every market segment and with sales ranging from less than $1 million to more than $300 mil-


lion. “Comprising far more than survey results, however, it also explored the entire capital investment process,” said Paparozzi,


“Our aim was to help graphic arts companies improve their investment process and avoid common capital investment mistakes


that companies


able information sources, explains how to build flexibility into the process, and shows printers how to navigate the capital investment journey success- fully—and leverage the assistance of manufacturers and technology suppli- ers in doing so.” The NAPL Capital Investment Study also details what graphic arts compa- nies would most like to improve about the process and addresses process chal- lenges such as developing unbiased, agenda-free input to help evaluate investment options and strengthen post investment evaluation. In addition, it provides statistical data and insight on how much graphic arts companies have invested in capital equipment over the last three years and what their invest- ment priorities are for the next three years.


in our industry simply can’t afford to make any more because our margin for error has become so thin,” he noted. “The result was a report that defines the essential steps in the process, as well as the ‘dos and don’ts,’ offers reli-


NPES Government Affairs Advocates Industry Priorities


(continued from page 18) cost recovery often provides the lever- age necessary to break investment loose for what some economists esti- mate are about 1.5 million companies ready to buy new plant and equipment.


Fighting tax increases At the same time, NPES, like other business groups, is wary of increases in other business taxes, such as allow- ing the 2001 and 2003 tax cuts to expire. This would be especially coun- terproductive, as many small business- es pay taxes at individual rates and would have their cash flow severely disrupted, lessening if not eliminating the benefit of more rapid capital cost recovery. Finally, NPES has urged Congress to repeal the onerous new tax report- ing provision included in the recently passed health care reform law (Patient Protection and Affordable Care Act, Public Law 111-148)


that requires


businesses to issue IRS 1099 Forms to all vendors that provide them with


$600 or more in goods or services in a year.


Current law only requires business- es to send a Form 1099 to individuals who provide rent, interest, dividends and non-employee services in excess of $600 to a business. Payments to a corporation and payments for mer- chandise do not need to be reported. But under the new law beginning in 2012 every business will be mandated to issue a Form 1099 to any and all vendors to which the purchasing busi- ness has paid more than $600 in a year for products or services. The Form 1099 must also be sent to the Internal Revenue Service.


NPES and thousands of other busi-


ness organizations have protested this onerous new government regulatory mandate, and are hopeful that Con- gress will repeal it before the end of 2010. For more information contact NPES


Government Affairs Director Mark J. Nuzzaco at 703-264-7235, or e-mail: mnuzzaco@npes.org.


“This study will be important read- ing for executives of all graphic arts companies—including in-plants and franchisees—who want to make capi- tal investment decisions,” said Papa- rozzi. “And all providers of graphic arts technology—whether equipment, hardware or software—will find it use- ful in understanding where their clients


NAPL Senior Vice President & Chief Economist Andrew Paparozzi revealed results of new NAPL Capital Invest- ment Study at Critical Trends Summit on Monday, Oct. 4.


plan to invest over the next 36 months, how they make those choices, and how suppliers can help them make better investment decisions.” The NAPL Capital Investment Study


is now available to association mem- bers for $155; non-members, $225. For more information, visit the NAPL booth (2261).


In the Press/Finishing Section, Printing to the Trade


P


artner Printing (Booth 3659) is a full service commercial printer servicing the trade- only printing markets since


1988. Its proprietary Web-to-print tech- nology allows customers to access over $35 million dollars of advanced printing equipment direct from their computer. PartnerPrinting.com offers high qual- ity commercial printing, mailing ser- vices and brand building technologies to over 20,000 trade-only customers and dealer partners nationwide. Its two new locations are a 101,000 sq. ft. manufac- turing facility in Chicago, and a 126,000 sq. ft. facility in Riverside, CA. It has recently added large-format and digital printing to its arsenal of high defini- tion commercial printing and mailing services.


Going wide Partner Printing’s brand new high-


definition VUTEk large-format print- ers are capable of producing gorgeous images with resolutions up to 1080 dpi. The company can now print every-


thing from corrugated plastic signs to full blown billboards on all types of substrates, including Lexan, styrene or foam boards. Its digital and large-for- mat imaging capabilities include a slew of ink color options, product sizes, sub- strates and finishing techniques.Partner Printing’s Internet technology division is developing advanced Web-to-print software, designed to give dealers the choice of selling their own products or those from a vendor, allowing them to stay competitive and expand their businesses. Partner Printing is one of more than


250 exhibitors in the Press/Finishing section at GRAPH EXPO 2010. In addition to companies offering services to the trade, vendors are showing print- ing systems; digital printing systems and copiers; offset, flexographic and gravure printing systems; wide-format and digital output equipment and sup- plies; postpress and binding and finish- ing equipment and accessories; inks and coatings, and printing supplies and accessories.


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