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CreditSights, a debt and equity analysis firm, says overcapacity in the printing industry keeps 36% off the presses and printing plans idle.
FORBES: Connect
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Minneapolis is the fourth-largest printing center in the U.S., according to Printing Industry Midwest, a trade association.
NPR: Do Tax Increases Kill Jobs? Minn. Soon To Find Out
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The loss of a major customer together with a continuing reduction in order levels at a time of declining demand within the UK printing industry have adversely affected the company.
BBC: Scotland business