No More Big Squeeze
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"If there is a long enough lead time, we can leverage China," Lane says, pointing out that Donnelley's book manufacturing plant in Shenzen is no different—with identical plant designs and equipment—than Donnelley plants in Roanoke, Va., or Willet, Ohio.
Then comes the recent $2.8 billion merger with Moore Wallace Inc., which capped a year of mergers, acquisitions, and consolidation throughout the book printing, manufacturing, and components sectors. The merger will take a year to close, and some consolidation will be seen, Lane says.
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