LSC Communications Signs Multi-Year Agreement with Elsevier to Provide Book Fulfillment and Distribution Services in USA
06 December 2018 - 10:30PM
Business Wire
Acquires Elsevier's Linn, Missouri Fulfillment and Distribution
Center
LSC Communications (NYSE: LKSD) announced today a multi-year
agreement with Elsevier, the global information analytics business
specializing in science and health. LSC currently prints a
significant share of Elsevier’s books and journals and, under the
new agreement, will begin providing book fulfillment and
distribution services in 2019 for Elsevier’s US markets.
Additionally, LSC has acquired Elsevier's Linn, Missouri
Fulfillment and Distribution Center. Consequently, all Elsevier
employees will be transferred to LSC in 2019. The addition of this
facility will further strengthen LSC’s ongoing focus on providing a
full range of supply chain services for publishers of both printed
and electronic books.
Anita Chandraprakash, EVP of Global Operation, Elsevier, said
“We’re pleased to have reached an agreement with LSC for the sale
of the Linn facility and have engaged in a multi-year agreement for
warehouse fulfillment services. This is a very positive outcome
which allows us to continue the high level of service our customers
expect.”
Dave McCree, President of Book Sales at LSC Communications, said
“The Linn, Missouri warehouse distribution center is a strategic
fit to our Book Publisher Services platform and expands our
fulfillment and distribution footprint. We look forward to
providing fulfillment services to Elsevier and future clients out
of the Linn facility.”
About LSC Communications
With a rich history of industry experience, innovative solutions
and service reliability, LSC Communications (NYSE: LKSD) is a
global leader in print and digital media solutions. The company’s
traditional and digital print-related services and office products
serve the needs of publishers, merchandisers and retailers around
the world. With advanced technology and a consultative approach,
LSC’s supply chain solutions meet the needs of each business by
getting their content into the right hands as efficiently as
possible
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version on businesswire.com: https://www.businesswire.com/news/home/20181206005087/en/
LSC Communications Investor Relations Contact:Janet Halpin,
Senior Vice President, Treasurer and Investor RelationsTelephone:
773-272-9275E-mail: investor.relations@lsccom.com
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