SIC 2782 Blankbooks, Looseleaf Binders and Devices

SIC 2782

This industry consists of establishments primarily engaged in manufacturing blankbooks, including checkbooks and books with ruling paper, and looseleaf binders. Other items included in this industry are albums, ruled chart and graph paper, and record albums.

NAICS CODE(S)

323110

Commercial Lithographic Printing

323111

Commercial Gravure Printing

323112

Commercial Flexographic Printing

323113

Commercial Screen Printing

323119

Other Commercial Printing

323118

Blankbook, Loose-leaf Binder and Device Manufacturing

While blankbooks have been produced since the advent of the first printing presses, the modern-day concept of the looseleaf binder is only approximately 50 years old in the United States. The production of blankbooks, which includes checkbooks, ledger sheets, accounting books, and diaries, has changed little in its U.S. history, until recently. Modernization has replaced letterpress with offset printing for the small amount of actual printing involved in blankbook manufacturing.

The largest checkbook producers looked to product diversification for increased profits in the early 1990s, but mid-sized checkbook companies in the late 1990s were focusing on improving existing check printing systems to meet the ever-growing volume of checks written in the United States each year. One report stated that 61 billion checks were written in 1995, a figure that was increasing in the late 1990s by about 2 percent per year. However, according to the Federal Reserve System, the number of checks written had reached its height in the mid-1990s. According to a survey completed in 2002, the number of checks written in 2000 totaled 42.5 billion, valued at roughly $39.3 trillion.

Looseleaf binder manufacturers have seen growth through innovation and diversification within their product lines. One of the most significant developments in this sector of the industry in recent years has been the use of four-color lithograph on vinyl. This has greatly eased the majority of the industry's manufacturing, which entails the production of custom-designed binders with company logos and other artwork.

Another major development for looseleaf binder manufacturers was the introduction of new flexible vinyls for binder covers. These vinyls are more durable and tighter fitting than their predecessors. However, they have posed problems for the industry because they are harmful to the environment; the vinyl does not...

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