Once-Proud U.S. Printing & Publishing Sector Reduced to Less than $50 Million in Annual Capital & Maintenance Spending
SUGAR LAND--August 17, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--At one time, the printing and publishing sector in the U.S. was a massive entity that dominated the landscape with significant annual capital and maintenance spending. However, the introduction of the Internet has reduced this once proud sector to a shell of its former self. Where annually this sector would spend between $500 million and $600 million on capital and maintenance project work, it has been reduced to annual expenditures of less than $50 million in the U.S.