Courier Reports Education Sales Up, Borders Fallout Induces Loss

In Courier’s book manufacturing segment, robust demand for college textbooks highlighted a strong quarter in the education market. However, trade sales were down sharply, reflecting reduced ordering in the wake of Borders’ store closings. Courier’s publishing segment was similarly affected, with sales to Borders down $650,000 in the third quarter and down $2.4 million for the first nine months of fiscal 2011.