Product category:
General Print Supplies, Services for Printers
News Release from: Etrinsic
Edited by the Printingtalk Editorial
Team on 15 June 2007
Print Management Firm Honours Founder In
Name
The headquarters of print management company Etrinsic has been re-named to honour the company's retired founder, Colin Davies who started the business 35 years ago.
Etrinsic's chief executive for 33 years, Davies sold the company to his management team in 2005 but stayed on as president until his retirement Davies built the company, based in Solihull, in to one of the UK's largest print management firms providing a range of services from print and logistics to direct mail management, graphic design and data handling
This article was originally published on Printingtalk on 22 Jul 2004 at 8.00am (UK)
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Annual turnover is approaching GBP30 million.
An active member of the Confederation of British Industry (CBI) for 10 years, Davies sat on the organisation's West Midlands regional council.
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In October 2003, he was a winner in the Birmingham Post business awards.
Keith Walton, Etrinsic's chief executive, said: "Colin is a remarkable man who has had an exceptional career.
He built the company from scratch, creating jobs, developing innovative ideas and putting a strong emphasis on customer service that ensured the business went from strength to strength.
We all owe him a great deal and are delighted to re-name our headquarters building in tribute to his tremendous achievements, energy and vision." Colin Davies grew up in Pelsall near Walsall.
In 1956, aged 15, he started work as an apprentice coalface electrician at Lea Hall Colliery in Rugeley, Staffordshire.
To increase his income in his spare time he printed and sold bingo tickets.
Learning about computers at part-time classes, he saw a business opportunity in producing specialised printed forms and documents.
Working morning shifts in the coal mine and afternoons for himself, he continued the two jobs until he won a GBP200,000 stationery order from the Post Office.
With this first significant order, in 1970, he set up his own business, which developed a reputation for innovation and top-quality service, added Etrinsic.
Davies developed a sales management software system for use in-house, which he subsequently sold for GBP2.3 million and invested much of the proceeds in new design and systems equipment for Etrinsic.
Starting out as one-man band print broker, as the business world became more complex, he identified the need for adding value to the basic service of competitive print buying.
He moved in to print management from where he developed a warehousing and distribution operation, as well as in-house printing services.
Davies said: "In the last 30 years I've witnessed a revolution in the industry.
The leap from the relatively slow world of 'John Bull' - style printing to the fast-moving arena of e-technology has had an enormous impact on the speed, efficiency and quality of print production." Etrinsic commented that today, to take maximum advantage of a deadline-driven market that increasingly values speed of response, the company has developed a range of web-based services to accelerate the pace of delivery.
Online services include customer ordering, print buying and electronic information reporting.
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