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Business

Lightning Printing, Inc.., DBA Wallace Carlson Printing

November 6, 2010 at 1:18AM

LIGHTNING PRINTING INC., DBA WALLACE CARLSON PRINTING

Business: Commercial printing

Founded: 1931; taken over by current owners in 2005

Headquarters: Minnetonka

Website: www.wallacecarlson.com

Executives: Owners Ann and Brian Turbeville

Employees: 45

2009 revenue: $7 million

Quote: "We were trying to buy business." -- Brian Turbeville, talking about a tendency to focus on building sales even when the work offered low to no profit margins. It was a key factor that led to a Chapter 11 bankruptcy filing in 2009.

about the writer

DICK YOUNGBLOOD, Star Tribune

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