FOLDEX Corporation
Greetings from FOLDEX Corporation!

Passages

 

We pause to reflect on some passages that have occurred in our industry and to salute their involvement with FOLDEX and its partners.

 

First, we acknowledge the closure of Stevens Graphics.  Stevens has a long and storied history starting as Ruralist Printing.  I came to know them prior to Bell South’s acquisition by A.T.T. in 2004 when we undertook a folder project for their 7x9 directories.  FOLDEX had the technology and experience with its Viking Series for the short cut off and the double collect function, but we needed to address the conditions of cold web offset, so we designed for that.  The project was successful in no small part because of the supportive leadership and the people on the floor who worked closely with us.  We did two of these folders ultimately, and Stevens was very successful with this product.  ATT ultimately concluded that they did not want to be in the printing business and made the decision to exit through plant closure.  It is an understandable decision, looking at the larger picture of what ATT’s core businesses are and looking at reduced demand for printed directories.  But we lament the loss of this good company and the fine business relationships developed over the past five years.

 

Another passage of note is the retirement of Roland Reuterfors from MotterStitch.  My history with Roland goes back many years to the formation of MotterStitch when I was Director of Engineering at the Motter Company.  I made the introduction for Roland, and made the case to the Motter’s that we could benefit from launching a competitive stitcher to those offered by Cerrutti and Albert.  Years later, Roland would return the favor in “introducing” me to Bob Erbstein.  Sort of funny in a sense, because I’d known Bob at least as long as I’d known Roland, but I didn’t know about a special project Bob was considering, so it was an important introduction that ultimately led to the formation of FOLDEX.  Roland has been on our Board, and has worked together with us and with MPEL for many years.  We wish him well as he enters retirement.

 

Finally, we remember our friend and colleague Harry B. Smith who passed away on Christmas Day this past year.  Harry served as Chairman of the Board for Motter Printing Equipment for many years, and even following his retirement had been a great resource to all of us involved with MPEL.  Harry was a World War II veteran, living through the bombing campaigns on England.  Following the war Harry earned a degree in Chemical Engineering and found his way into printing.  Eventually, he rose to the position of Managing Director for Odhams Printing, which is how he came to know MPEL and eventually join the firm.  Harry went on to become a highly regarded, and indeed a beloved member of the MPEL Team.  In a word, Harry was steadfast.  You could always rely on him.  He was fiercely loyal and highly disciplined in actions for the company.  He was smart and wise.  His collegial manner made him approachable and really enjoyable to work with.  On a personal level, Harry and his wife, Dorothy, touched our lives in a way beyond mere friendship.  We socialized together, discussed business and politics together, went to church together; it was a broad spectrum of relationship that we enjoyed with him.  While we grieve the loss, we also celebrate Harry’s life, for what he has meant to us, and knowing what he meant and gave to so many others.  Certainly a life well lived! We will miss him a great deal.