R.R. Donnelley--Calling the Shots
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See for yourself . . .
PI: The first quarter of a new year is a good time to reflect on the past and look toward the future. What role has consolidation played in the printing industry, and will it continue?
Pyzdrowski: "In 1992, Donnelley and our three primary competitors combined for a 49 percent market share in the long-run magazine and catalog printing industry. By the end of 1997, just five years later, these four companies had a 78 percent share of the market. This concentration of share is the result of organic capacity expansion (adding new equipment) and industry consolidation.
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