Courier’s Strong Quarter for Book Manufacturing Boosts Its Results
“Our book manufacturing business succeeded in the midst of widespread market uncertainty through a combination of innovation and consolidation,” noted Conway. “Sales were up modestly for the year, but with significant disparities between markets, and between different kinds of book production. The Borders bankruptcy validated our decision to close our one-color plant in Stoughton, MA, in the face of declining demand for one-color books. Meanwhile, our investment in Courier Digital Solutions and our continuing leadership in four-color offset production paid off handsomely in the college textbook market. While sales at the elementary and high school levels were up in the fourth quarter, they remained down for the year amid continuing soft demand.
- Companies:
- Courier Corp.