Roller Coaster Ride for RR Donnelley

In other company news, the printer will close the former Spencer Press in Wells, ME, and its Hillside, IL, facility, as it continues to deal with the dismal economy. A total of 488 jobs will be lost, including 370 at Spencer Press, a catalog and direct marketing printer. The Spencer plant will close by mid-June, with staggered layoffs. Employees at both facilities will receive severance packages.