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May 1, 2001 12:00 AM

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R.R. Donnelley & Sons Co. (Chicago) is planning to create a cost-effective, integrated and flexible printing “platform of the future” for its magazine, catalog and retail customers. As part of the process, the company will invest more than $300 million within the next two years to improve the efficiency of its long-run printing network, including upgrading plants with fewer — but wider and faster — presses to offer customers more flexibility and improved distribution efficiencies. The printer will retire several older presses and replace them with 10 new presses and binding equipment.

In an attempt to streamline and consolidate its printing plants, R.R. Donnelley is closing its South Daytona, FL, plant, which prints short-run magazines, catalogs and newspaper advertising inserts. “We determined that our South Daytona plant lacks the scale necessary to support the current and future needs of our customers,” explains executive vice president Michael B. Allen. The plant, which employs 198 people, will close by the end of Q2.