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RR Donnelley Awarded $70 Million Multi-Year Crain Communications Inc. Contract

Wednesday, November 08, 2006

Press release from the issuing company

CHICAGO, Nov. 7 R.R. Donnelley & Sons Company has been awarded a multi-year contract extension to provide the major share of Crain Communications' magazine printing and logistics services. Founded over 90 years ago, the 30 magazine titles of this privately held publishing company provide vital news and information to both industry leaders and consumers. The projected contract term value of this agreement is approximately $70 million and it both renews existing business and awards new work. Keith Crain, Chairman Crain Communications, stated, "After a careful review of marketplace options, we are pleased with our decision to extend our 20 year relationship with RR Donnelley. While our two companies have successfully worked together over the years to optimize our print production and distribution processes, there still remains an ongoing focus on exploring new ideas and technologies. Our expectations are that we will continue to benefit from RR Donnelley's understanding of our business and the industry for the future." John Paloian, Group President, RR Donnelley Publishing & Retail Services added, "We are delighted to have this long-term customer elect to secure our relationship for the years ahead. After having worked together for 20 years, our operating teams have become so well integrated that they function as a single cohesive unit, enabling us all to increase the speed and efficiency with which we manage the production process. We recognize that customers such as Crain Communications have options when considering with whom they want to do business and we are very proud that RR Donnelley continues to be their primary printer of choice."

 

 

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