LSC Communications Acquires Fairrington Transportation
July 31 2017 - 6:30AM
Business Wire
Strengthens Postal Optimization and Distribution
Capabilities
LSC Communications (NYSE: LKSD) announced today that it has
acquired Fairrington Transportation, an industry leading
full-service mailing and logistics provider. Fairrington’s
capabilities include a complete range of logistics services from
freight management to postal optimization solutions.
Founder and CEO of Fairrington, Victor Warren said, “Fairrington
has been providing delivery solutions that meet our clients’ needs
for 36 years. We are excited that joining forces with LSC will give
us the scale necessary to expand our service offerings.”
Thomas J. Quinlan III, Chairman and CEO of LSC, further
commented, “Fairrington’s experienced leadership, combined with the
fact that publications such as magazines and catalogs are at the
core of many of our clients’ businesses make this acquisition a
natural fit for LSC. Our strategic focus is to continue to expand
LSC’s logistics service offering in ways that add value to our
clients’ traditional print supply chains, and beyond.”
About LSC Communications
With a rich history of industry experience, innovative solutions
and service reliability, LSC Communications (NYSE: LKSD) is a
global leader in print and digital media solutions. The company’s
traditional and digital print-related services and office products
serve the needs of publishers, merchandisers and retailers around
the world. With advanced technology and a consultative approach,
LSC’s supply chain solutions meet the needs of each business by
getting their content into the right hands as efficiently as
possible.
Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on these forward-looking statements and any such
forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All
forward-looking statements speak only as of the date of this news
release and are based on current expectations and involve a number
of assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking statements,
including risks associated with the ability of LSC Communications
to perform as expected as a separate, independent entity and risks
associated with the volatility and disruption of the capital and
credit markets, and adverse changes in the global economy. Readers
are strongly encouraged to read the full cautionary statements
contained in LSC’s filings with the SEC. LSC disclaims any
obligation to update or revise any forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20170731005191/en/
Investor Relations Contact:LSC Communications, Inc.Janet Halpin,
SVP Treasurer and Investor
Relationsinvestor.relations@lsccom.com773-272-9275
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