Cadmus Raises Rates on Paper
In what is sure to be one of many similar announcements throughout the industry, Cadmus Communications says today that it plans to raise its rates this fall in response to an anticipated spike in paper prices.
In a statement released this afternoon, Cadmus senior vice president of manufacturing services, Karen Snyder, said that paper manufacturers have announced their intentions to raise prices on certain paper grades by $3 to $4 per 100 pounds, and Cadmus will need to raise its price accordingly “in order to maintain the high quality” of its products and services. A call to Cadmus was not immediately returned.
Cadmus—the fifth largest periodicals printer in