Publisher 'blessed during turbulent year' |
Written by Eric Tiansay |
Monday, 09 February 2009 02:49 PM America/New_York |
Despite the economic downturn, New Leaf Publishing Group has announced the Green Forest, Ark.-based company finished strong in 2008--only fractionally below sales figures for the previous year. "We have been incredibly blessed during the last turbulent year," said New Leaf Publishing Group President Tim Dudley. "It was only in the last month and a half of the year that we saw any reduction in sales, and even then it was only a negligible level." A strong niche presence, lack of debt, aggressive marketing and selective project schedule were among the factors Dudley cited for New Leaf's good year. The company is also looking to grow in 2009. New Leaf will expand the company's warehouse space in late spring as well as adding a fourth imprint, Attic Books, in early summer. New Leaf's other imprints are New Leaf Press, Master Books and Balfour Books. The company hopes to make acquisitions within the next year. "We have been open to growth opportunities through the purchase of another company for the last couple of years," Dudley said. "We are seeking companies that would be compatible with our existing imprints and perhaps even create new market capabilities." |