Courier Reports Sales Up, Earnings Down Due to Plant Closure
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“It was a challenging quarter before the Borders announcement, and that made it more so,” said Courier Chairman and CEO James F. Conway III. “We were pleased to be able to grow revenues overall, but disheartened by the need to close our single-color paperback plant in Stoughton in response to the continuing shift in demand from one- to four-color books. We are grateful to our Stoughton employees for their many years of loyal service, and we have done our best to provide as many as possible with new opportunities elsewhere in our organization.
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