Mail-Well Shakeup Includes Plant Closings
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Excluding the business unit divestitures, Mail-Well's 2001 sales are projected to be $1.6 billion, down from $2.4 billion in 2000.
"Growing in seven years from $16 million in annual sales to $2.4 billion is a major achievement for any public company," notes Paul Reilly, president, CEO and chairman of Mail-Well. "But the Mail-Well of the future, while still committed to growth in multi-billion dollar markets, must be a more disciplined and strategically focused Mail-Well, with even greater emphasis on improving our competitive position and return on capital.
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