Cenveo Begins Consolidation
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STAMFORD, CT—Cenveo Inc. appears to have embarked on its quest to realize $75 million in cost savings for 2006.
One of the action items cited by Robert Burton, chairman and CEO, was plant consolidation and rationalization. On December 13, Cenveo closed the doors of its Waterbury, CT, facility, according to the Waterbury Republican-American, resulting in the dismissal of 65 employees.
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