Friday, August 7, 2009

The only thing I know about Cenveo was what I read about Anderson Litho. It wasn't pretty.

Today Cenveo released their Q2 Results. You can read the press release at WhatTheyThink.com.

Back in April this post by Cary Sherburne grew a thread with 38 comments. Worth the read.

The Anderson Lithograph Company was founded in 1951 by John Corbin Anderson. Its web site states: “In 1998, Anderson Lithograph became an integral part of what is now the 3rd largest graphics communication company in America, Cenveo, Inc. The addition of Cenveo’s vast portfolio of services, products and geographic locations help to establish Anderson Lithograph as a truly ‘resource efficient’ leader.” Sadly, a decade later, Cenveo has notified its customers that the plant will be closing in early June. The announcement was made by letter on April 15th.
Full disclosure: No position in Cenveo. Long CGX.

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