Courier Corp. Adding More Workers in Kendallville

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Massachusetts-based Courier Corp. (Nasdaq: CRRC) plans to invest $12 million to expand its digital operations in Kendallville. The company says the addition would double capacity and create up to 50 jobs. Courier currently employs 600 in Noble County. A company executive tells Inside INdiana Business, Courier's investment since late last year will total around $25 million.

July 31, 2013

News Release

NORTH CHELMSFORD, Mass. - Courier Corporation (Nasdaq: CRRC), one of America's leading innovators in book manufacturing and content management, today announced plans to double its digital printing capacity at its plant in Kendallville, Indiana through the addition of a second HP T410 color inkjet web press.

Courier acquired its first T410 press earlier this year as the heart of a new digital printing operation designed to complement its Kendallville offset plant as well as a preexisting digital facility in North Chelmsford, Massachusetts. With its 42-inch web width, the T410 offers exceptional flexibility in meeting a high volume of diverse printing needs across a full range of run lengths. Since that first installation, demand for Courier's digital solutions has continued to grow among leading educational and trade publishers.

"We knew from the outset that bringing digital capability to Kendallville made sense for our customers and ourselves," said Courier Chairman and Chief Executive Officer James F. Conway III. "But between our rising volume of customized textbook production and growing interest in four-color digital from trade publishers, it quickly became apparent that we needed even more capacity. And with our second T410 press, we will have it.

"Bringing this new press up to speed quickly is also a tribute to the skills and dedication of our 600-strong Kendallville workforce and the excellent cooperation we have received from the city of Kendallville, where Courier has grown and flourished for many years and is now more deeply rooted than ever. I am delighted to be able to offer our customers the best digital and offset service in the industry from this superb location."

About Courier Corporation

Courier Corporation is America's third largest book manufacturer and a leader in content management and customization in new and traditional media. It also publishes books under three brands offering award-winning content and thousands of titles. Founded in 1824, the company is headquartered in North Chelmsford, Massachusetts. For more information, visit www.courier.com.

Source: Courier Corp.