TOP 30 BOOK MANUFACTURERS — CLIMBING THE STACKS

Bill Long: Over the past year, there have not been any significant changes in the book manufacturing marketplace. We continue to see intense price competition, and run lengths continue to decline as publishers look to control their inventories. This has forced Maple-Vail to look to our employees and suppliers for fresh ideas on ways to reduce costs or improve efficiencies. We are implementing internal processes to support the reduction of makeready times throughout our operation and are making a number of investments to address capacity blockages and to reduce staffing levels.