R. R. Donnelley & Sons Company (NASDAQ: RRD) and Courier Corporation (NASDAQ: CRRC) jointly announced today that they have signed a definitive agreement by which RR Donnelley will acquire Courier Corporation, a leader in digital printing, publishing and content management in the United States specializing in educational, religious and trade books. The agreement has been approved by each company's Board of Directors.
(Press Release) NORTH CHELMSFORD, MA, Feb. 03, 2011—Courier Corp., one of America's leading book manufacturers and specialty publishers, is considering closing its manufacturing plant in Stoughton, MA, due to the impact of technology and competitive pressures affecting the one-color paperback books in which the plant specializes.
Book manufacturer and specialty publisher Courier Corp. will close Book-mart Press Inc., a North Bergen, N.J.-based short-run manufacturing subsidiary, and consolidate its one-color printing operations into other Courier facilities. Book-mart Press, which was acquired by Courier in 1997, has 72 employees and approximately $7 million in annual sales.
By Jim Calder Michael Weinstein’s 31-year work history reads like a list of top publishing companies: Macmillan, Pitman Publishing, Addison Wesley, Random House, McGraw-Hill, HarperCollins and Pearson Education, among others. Currently, Weinstein is vice president, EDP (editing, design and production) and manufacturing, at Oxford University Press. After decades working at some of the most notable companies in the industry and after many professional accomplishments, Weinstein’s career achievements now are being recognized. Weinstein is being inducted into the Publishing Executive Hall of Fame, an honor bestowed on the leading publishing executives in book, magazine and advertising production. And, he is only the second executive
NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--Jan. 20, 2005--Courier Corporation (Nasdaq: CRRC), one of America's leading book manufacturers and specialty publishers, today announced results for the quarter ending December 25, 2004, the first quarter of its 2005 fiscal year. Continuing its pattern of higher sales to the education market, the company reported $51.3 million in revenues for the quarter, up 10% from last year's first-quarter sales of $46.8 million. Net income for the quarter was $4.1 million or $.50 per diluted share, an increase of 6% over prior-year results of $3.9 million or $.48 per diluted share. Both of the company's operating segments reported increased sales. Book