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Lakeside Book Company Announces Plans To Close Locations - 2-27-24

Lakeside Book Company announced plans to consolidate its manufacturing platform by closing three facilities by the end of 2024. The company will cease operations at its locations in North Chelmsford, MA, Menasha, WI and Cumberland, RI. Lakeside's CEO said the decision will allow the company to strategically invest in technology and services to deliver greater value for customers. The company will provide severance packages, job assistance and support to impacted team members.

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5K views1 page

Lakeside Book Company Announces Plans To Close Locations - 2-27-24

Lakeside Book Company announced plans to consolidate its manufacturing platform by closing three facilities by the end of 2024. The company will cease operations at its locations in North Chelmsford, MA, Menasha, WI and Cumberland, RI. Lakeside's CEO said the decision will allow the company to strategically invest in technology and services to deliver greater value for customers. The company will provide severance packages, job assistance and support to impacted team members.

Uploaded by

Alice Reid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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LAKESIDE BOOK COMPANY ANNOUNCES PLANS TO

CONSOLIDATE PLATFORM BY END OF 2024


Citing Focus on Continued Investment in Technology and Growth Via Fewer Facilities,
Company Will Cease Operations at its North Chelmsford, Menasha, and Cumberland
Locations This Year

Company Will Be Working Closely with Impacted Team Members


To Provide Transition Assistance

February 27, 2024 – WARRENVILLE, IL – Lakeside Book Company (“Lakeside”) issued the following
statement today regarding plans to consolidate its manufacturing footprint via the closure of facilities in
North Chelmsford, MA, Menasha, WI, and Cumberland, RI by the end of this year. Operations will be
seamlessly transitioned to other Lakeside Book facilities and Lakeside Book’s Leadership Team will be
working closely with all affected team members, providing severance packages, job placement
assistance, and transition support to either a position within the company or a new opportunity.

“In recent years, Lakeside Book Company has solidified our position as the leading book printing,
binding, and distribution company. While it is extremely difficult to move toward ceasing operations at
locations with such skilled team members, this decision will position us for sustained growth by
maximizing the capabilities of our platform. Strategically investing in technology and enhanced service
offerings allows us to deliver even greater value for our customers,” said Dave McCree, Lakeside’s Chief
Executive Officer.

“Our colleagues in North Chelmsford, Menasha, and Cumberland have performed exceptionally
well. This decision is no reflection on their efforts, and we will be assisting each of them in any way
possible as they transition to their next career step, either within our company or to another position,”
McCree added.

About Lakeside

Lakeside Book Company has been crafting quality books enjoyed by readers all around the globe since
1864 when R.R. Donnelley started as a partner at a small printing company in Chicago. As the decades
passed, the company expanded its services, acquiring multiple complementary organizations with a
passion and commitment to the book industry. Lakeside Book has a rich legacy of innovation as the
leading book printing, binding, and distribution company in the United States. The company’s mission
states, “We are committed to crafting books and services that are meaningful. We take pride in the
challenge of fulfilling our customers' visions.” For more company information,
visit www.lakesidebookcompany.com.

Lakeside Book Company Media Contact:


Rajeev Balakrishna
Lakeside Book Company
[email protected]

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