A strategy for printing money

Article Abstract:

Terry Stone of the pre-press printing company Touchstone Colour capitalized on technological changes in the printing industry and used operational strategy and quality control to earn a substantial profit. He bought an already existing company for $1 million, complete with equipment. In the first year, turnover grew from $89,000 per employee to $133,000. Automated proofing systems reduced re-do work. Unlike other companies, he understands both management and technology, which translate to profit. This economic focus allowed Touchstone to purchase a four-color press that cuts press times by 75%. Turnover in 1997-98 was $4.8 million, a 201% increase over five years.

Finance, Printing industry, Touchstone Colour

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In our interest

Article Abstract:

Humorous anecdotes covering current news like interest rates and Rupert MurdochEs decision to shift the domicile of News Corporation to United States are presented.

Interest Rates, Executive changes & profiles, Publishing, Publishing Industries, Publishing industry, Officials and employees, Humor and anecdotes, The News Corporation Ltd., NWS, Murdoch, Rupert, Chairpersons

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