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Government Executive Is Profitable and Looking to Make Acquisitions


GovExec
GovExec expects to make more than $30 million in revenue this year.
The company has a profit margin north of 20%, its chairman said.
GovExec acquired City & State and is now looking to make more purchases.
A year ago, employees at Government Executive Media Group got the kind of news that workers in the media industry have come to fear: the company was spinning off from its longtime owner Atlantic Media and would now be controlled by a little-known private equity firm.
Far from making cuts, however, the company whose publications cover the inner workings of the federal government has expanded, growing from 80 to 160 employees. It made about $20 million in revenue last year, with the goal of bringing in more than $30 million this year, according to CEO Tim Hartman. ....

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10 Best Packaging Stocks To Buy Now - Insider Monkey


10 Best Packaging Stocks To Buy Now
In this article we discuss the 10 best packaging stocks to buy now. Packaging companies are experiencing a strong growth on the back of the e-commerce boom following the coronavirus pandemic. Analysts think that the packaging industry will see innovation and growth in 2021 and beyond. To skip our investment thesis and reasons to invest in packaging stocks, click to read
The packaging industry has a robust and long-term growth potential as its applications are widespread and evergreen. According to consultancy firm Smithers, packaging demand is expected to grow 2.8% to reach $1.05 trillion in 2024. Almost all essential and non-essential industries need some sort of packaging. The demand of packaging products is growing in lucrative domains like food, beverages, cosmetics, personal care, healthcare, industrial items and household products. The industry is usually segmented by the type of material, such as paper, plastic, glass and metal. ....

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