Optimism required

Optimism required: Cleveland Plain Dealer reporter Christopher Montgomery looks at Penton Media‘s prospects.


What’s at stake for Penton – publisher of such magazines as IndustryWeek, Air Transport World and Business Finance, and producer of such trade shows as the Natural Products Expo – is nothing less than the survival of the 112-year-old company and its 830 employees. Coming off of three straight annual losses and dealing with a large debt load, Penton doesn’t have much of a margin for error.