The Company is a commercial printer operating out of two facilities in Illinois.

FDP was engaged to perform an operational review of the printer.

FDP’s review and analyses included:

-An overview of the current state of the printing industry;

-An overview of the sheeter-based operations versus the in-line operations;

-A review of each facility’s capabilities and constraints; and

-A review of  the personnel and printing equipment in each facility.

FDP worked closely with management to prioritize strategic initiatives and develop tactics to improve profitability:

-Assisted management in identifying duplicate operating and personnel costs as a result of operating two facilities;

-Developed a strategic plan and timeline to consolidate the operations into one facility;

-Assisted management in preparing for negotiations with their union; and

-Assisted management in preparing for and executing a significant reduction in force.

Fort Dearborn determined that management should consolidate one plant into another facility and shut down the other plant’s operations,

FDP estimated that the consolidation of the facilities would result in annual savings of approximately $2 million.

Consolidating facilities enabled the Company to install a new press with in-line finishing capabilities.