Mail-Well Shakeup Includes Plant Closings
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Despite the internal consolidation, Mail-Well plans to continue its acquisition program with a focus on building local general commercial printing market share and on further consolidating the envelope industry. According to the company, all acquisitions will be evaluated with strict leverage and cost of capital criteria—45 to 55 percent debt-to-total capital ratio target and earnings in excess of Mail-Well's 12 percent after-tax cost of capital.
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- People:
- Paul Reilly
- Places:
- EPS
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