Goss Reorganizes, Shedding French Subsidiary

DURHAM, NH—Rick Nichols, president and CEO of Goss International, announced a reorganization of the company earlier this week. Goss will focus on continuing to serve existing customers and growing market share in the company’s core markets, while expanding into new, neighboring product markets where it has a technological competitive advantage.

“The needs of our customers have shifted over recent years as our industry environment as a whole has changed,” explained Nichols, in a prepared statement. “The markets to drive our future growth and profitability are shifting. We have decades of offset printing expertise. That gives us a significant advantage not just in our core newspaper and commercial printing sectors, but in other industries like packaging and emerging printing industries as well. Together, these are the reasons why we are transforming as a company.”

Nine months after his appointment, Nichols confirmed that Goss is making three key changes to the way it does business to achieve this. Firstly, the company’s organizational structure will be simplified. Goss will be organized around regional parts, service and support centers for customers.

Secondly, as part of the change in the organizational structure, Goss will bring its existing operations in Europe in line with this new structure to become one unified, pan-continental sales and service organization. As a result, Goss International France has become financially untenable and unsustainable.