Letterhead Press staves off Chinese competition -... -
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Published on: 1/1/2007
Last Visited: 2/5/2008
"Historically, we've been a supplier and vendor," said Chandler Young, vice president of sales and marketing for LPI.
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By offering more design services and capabilities, LPI has been able to get involved in projects higher up the food chain, Young and Graf said.
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"Going farther upstream helps make sure that you get (included in) the project," Young said.
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LPI predicts continued growth for 2008, especially in its design and point-of-purchase display work, Young said.Companies are spending more dollars on in-store advertising, which gives companies like LPI more work, and will fuel its embossing, foil stamping, point-of-purchase displays and other flashy work.
"Part of our business is selling their products," Young said.
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Additional acquisitions are likely in LPI's future, Young said, and could provide the company with additional growth opportunities.
"We're always looking for acquisitions, especially in the laminating and UV coating markets," he said.