Donnelley Lowers Expectations Again
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The company also announced that it would close its Old Saybrook, CT, plant and integrate its operations into its Lancaster, PA, facility, which is underoing an expansion. Four plant closings have been announced since the start of the year.
William L. Davis, chairman, president and CEO of R.R. Donnelley, believes the actions are the most prudent from a business standpoint, but regrets the toll it has taken on his employees.
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