Positive results by the GPO - positive sign for industry?
There was important news released yesterday buy the U.S. Government Printing Office and it was pretty positive considering the state of our economy. The GPO has yet again reported another year with positive earnings; that's seven years in a row with positive earnings. The financials show GPO completed the year with a net operating income of $7.9 million on total revenues of $928 million.
The GPO is the federal government’s primary centralized resource for gathering, cataloging,
producing, providing, authenticating, and preserving published U.S. government information in all its forms.
"As GPO begins to celebrate our 150th anniversary, I am proud to announce we have completed a seventh consecutive year of positive results due to the hard work and dedication of our employees," said Public Printer Bob Tapella. "GPO has re-engineered itself many times since 1861 to remain relevant and viable for the future. It is through the efforts of our family of employees that GPO has transformed itself into a 21st century printing, digital media and secure credentialing facility."
This is great news for the print and full service fulfillment industries. The economy has taken it's toll on many organizations but this seems so be a step in the right direction.
Source: GPO - NewsRelease