RR Donnelley -- Giant Transformation

But there is a silver lining. In 2002, RR Donnelley opened a plant in Shanghai, China; a premedia digital solution center in Pontiac, IL; and premedia facilities in Portland, OR; Warsaw, Poland; and Shenzhen and Shanghai, China. Additionally, a logistics distribution "supercenter" will open in York, PA, by the end of the second quarter 2003. Despite the sales dropoff and the decline in stock price, RRD greatly outdistances its U.S. competition in sales and boasts a balance sheet that owes few apologies.