Small Minnesota town hit with big layoff by Chicago printing company

The Company’s revenues for the first quarter ended May 31, 2021 were $96.9 million compared to $89.0 million for the same quarter last year, an increase of $7.9 million, or 8.9%. Excluding the sales from our Infoseal acquisition, organic sales increased $2.7 million, or 3.0%. Gross profit margin was $29.2 million, or 30.1%, as compared to $23.9 million, or 26.9%, for the same quarter last year. Net earnings for the quarter were $7.3 million, or $0.28 per diluted share, as compared to $4.2 million, or $0.16 per diluted share, for the same quarter last year.

PRINTING United Alliance and Idealliance today announced that the two organizations have officially merged. Under the guidance and direction of the board of directors at each organization, which are comprised of representative printer and supplier members across the industry; and with the overwhelming support and approval from Idealliance members, PRINTING United Alliance and Idealliance can together bring even more resources and service offerings to its collective membership and the printing industry at large. The merger is a unique opportunity during a challenging time to further collaborate and utilize the strengths of each organization to continue serving the printing industry across market segments. “Idealliance has developed the expertise to build and rollout its traditional color management programs, new standards in training and education, and is a respected leader in this space,” said Ford Bowers, CEO, PRINTING United Alliance.

Worzalla was ranked the largest employee-owned book printer in North America and the fifth-largest North American book printer in Printing Impressions’ latest industry rankings titled “2021 Printing Impressions 300.” Worzalla was also ranked the 63rd largest printer by annual sales on the general list that includes all printing companies in North America. This is the second consecutive year Worzalla has been ranked as a Top 5 Market Segment Leader in the book printing category. Worzalla also held its ranking as the 63rd largest printer from last year. “Our consistent growth and ranking in Printing Impressions’ annual report is a reflection of Worzalla’s ability to support its customers as book sales continue to increase across America,” said Jim Fetherston, President and CEO of Worzalla. “Much of our success is due to our dedicated associates, who do so much to deliver quality products for our customers despite the challenges our industry has faced over the last few years.” In 2021 Worzalla launched phase three of its modernization plan adding needed printing capacity to its facilities in Stevens Point, Wisconsin. The expansion included the addition of a new casemaker and press. Additionally, Worzalla continued to grow its workforce for the day-to-day operations of creating the millions of books ordered by Worzalla’s customers each year.