RR Donnelley's Recent New Directory Contracts Drive Capital Investment
18 August 2004 - 7:00AM
PR Newswire (US)
RR Donnelley's Recent New Directory Contracts Drive Capital
Investment Colorado Expansion to Create Approximately 50 New Jobs
CHICAGO, Aug. 17 /PRNewswire-FirstCall/ -- R.R. Donnelley &
Sons Company (NYSE:RRD) today announced the purchase of a Man
Roland Lithoman web offset press to be installed in its Greeley,
Colo., plant. This capital expansion is needed to support the
additional volume resulting from new directory print contracts that
the company was recently awarded. In commenting on this new press,
John Paloian, RR Donnelley's Group President, Publishing &
Retail Services, said, "We will continue to invest in those
resources that are needed to support the growth of our directory
customers and to maintain our leadership position in this market
segment. We are delighted that directory publishers continue to
express their satisfaction and confidence by awarding us new
business, and RR Donnelley remains committed to delivering superior
product quality, service and value, each and every day." Bill
Owens, Governor of Colorado, added, "We've worked hard in Colorado
to maintain a jobs-friendly business environment and a top-notch
workforce. I am very proud that RR Donnelley has decided to expand
its operations in Colorado. This expansion will bring quality jobs
to Colorado and help fuel Weld County's economy." John Paloian
recognized Colorado's efforts stating that, "RR Donnelley is very
thankful to the local and state government officials who worked
with us to provide expansion incentives that encouraged us to
select the Greeley plant as the recipient of this latest capital
investment. We look forward to a period of growth in the state."
This new press, along with an identical one that was recently
installed and is now operational in RR Donnelley's Dwight, Ill.,
plant, brings tremendous new capacity, capabilities and flexibility
to directory publishers. "Customers will continue to receive
unrivaled benefits," added Paloian, "as RR Donnelley remains
committed to serving this market with a state-of-the-art,
high-performance, manufacturing platform." Building expansion and
press start up are projected to be completed in 2005. About RR
Donnelley RR Donnelley (NYSE:RRD) is the world's premier
full-service global print provider and the largest printing company
in North America, serving customers in the publishing, healthcare,
advertising, retail, technology, financial services, and many other
industries. Founded 140 years ago, the company provides solutions
in commercial printing, forms and labels, direct mail, financial
printing, print fulfillment, business communication outsourcing,
logistics, online services, digital photography, and content and
database management. The largest companies in the world and others
rely on RR Donnelley's scale, scope and insight through a
comprehensive range of online tools, variable printing services,
and market-specific solutions. For more information, visit the
company's web site at http://www.rrdonnelley.com/ . Use of
Forward-Looking Statements This news release may contain
"forward-looking statements" as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned not
to place undue reliance on these forward-looking statements and any
such forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All
forward-looking statements speak only as of the date of this press
release and are based on current expectations and involve a number
of assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking statements.
Readers are strongly encouraged to read the full cautionary
statements described in RR Donnelley's and Moore Wallace's filings
with the U.S. Securities and Exchange Commission (SEC) and Canadian
securities regulatory authorities, as applicable, including the
section entitled "Management's Discussion and Analysis of Financial
Condition and Results of Operations" contained therein. RR
Donnelley disclaims any obligation to update or revise any
forward-looking statements. DATASOURCE: R.R. Donnelley & Sons
Company CONTACT: Media, Doug Fitzgerald, Sr. Vice President,
Marketing and Corporate Communications, +1-312-326-7740, , or
Investors, Dan Leib, Vice President, Investor Relations,
+1-312-326-7710, , both of R.R. Donnelley & Sons Company Web
site: http://www.rrdonnelley.com/
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