Plan Sees Bowne Eliminating 650 Jobs

Another $9 million in savings will result from the continuation of savings initiatives from 2007. The final $20 million in savings will be realized from the integration and transition of recently acquired businesses. In April, Bowne acquired Rapid Solutions Group for $14.5 million in cash.

David J. Shea, chairman and CEO of Bowne, is confident the cost-cutting measures will make the company stronger financially, as it looks to add variety to its product and service offerings.