Standard Register Announces 2014 First Quarter Results
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"Throughout 2014, we will be focused on driving sales of our entire portfolio into our large customer base. The acquisition brought us many new opportunities and the integration is proceeding on track with—and in some respects ahead—of our internal plan.”
The company spent millions in the first quarter related to executing the acquisition, restructuring and integration of WorkflowOne. That process is on track with internal plans. This quarter, systems and data centers were integrated, while employees were reduced and three production and three warehouse facilities were closed. The company added the first of two high-speed inkjet printers to a Sacramento, Calif. site. The second was delivered to the Columbus, Ohio location last month.
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