Profile: Courier Corp (CRRC.OQ)
15.80USD
1 Aug 2013
$0.28 (+1.80%)
$15.52
$15.83
$15.83
$15.70
7,671
11,848
$15.95
$10.55
Courier Corporation (Courier), incorporated on June 30, 1972, is engaged in book manufacturing and specialty publishing. The Company operates in two business segments: book manufacturing and specialty publishing. The book manufacturing segment focuses on streamlining the process of bringing books from the point of creation to the point of use. It offers services from prepress and production through storage and distribution. Courier’s book manufacturing markets are religious, educational and specialty trade books with products, including Bibles, educational textbooks and consumer books. The specialty publishing segment consists of Dover Publications, Inc. (Dover), Research & Education Association, Inc. (REA), and Federal Marketing Corporation, doing business as Creative Homeowner (Creative Homeowner). In May 2013, Courier Corp acquired FastPencil, Inc.
Book Manufacturing Segment
Courier’s book manufacturing segment produces hard and softcover books, as well as related services involved in managing the process of creating and distributing these products for publishers, religious organizations and other information providers. Courier provides book manufacturing and related services from five facilities in Westford and North Chelmsford, Massachusetts; Philadelphia, Pennsylvania, and Kendallville and Terre Haute, Indiana. Courier’s book manufacturing operations utilize both offset and digital print technologies to produce both soft and hard cover books. Each of Courier’s five facilities have certain specialties, such as printing on lightweight paper, book cover production, four-color book manufacturing, hard-cover binding and digital printing. These services are primarily sold to publishers of educational, religious and trade books.
Specialty Publishing Segment
Dover is a publisher of books in over 30 specialty categories, including fine and commercial arts, children’s books, crafts, music scores, graphic design, mathematics, physics and other areas of science, puzzles, games, social science, stationery items, and classics of literature for both juvenile and adult markets, including the Dover Thrift Editions. Dover sells its products through American bookstore chains, independent booksellers, mass merchandisers, children’s stores, craft stores and gift shops, as well as a diverse range of distributors globally. Dover mails its catalogs to nearly 450,000 consumers and annually sends over 200 million emails to electing customers. Dover also maintains www.DoverDirect.com, which is a business-to-business site for its retailers and distributors. REA publishes more than 900 test preparation and study guide titles.
The Company’s product lines include Problem Solvers, Essentials, Super Reviews and Test Preparation books, including its new Crash Coursea and All Access Seriesa. Creative Homeowner is a publisher of books, home plans, and related products for the home and garden retail book market. Creative Homeowner’s 130 titles include books on home decoration, design and improvement, as well as gardening and landscaping. Its products are sold through home and garden centers, as well as bookstores and direct to consumers over the Internet at www.creativehomeowner.com. From its line of home plan books, Creative Homeowner offers over 10,000 home plans, from which consumers can order blueprints directly over the Internet at www.ultimatehomeplans.com. As part of Courier’s company-wide green initiative, it owned Green Edition. The mark is licensed on a royalty-free basis to other publishing customers who have also expressed a desire to use it. During fiscal 2010, over 900 Green Edition titles were produced.
Company Address
Courier Corp
15 Wellman Avenue, N. Chelmsford
CHELMSFORD MA 01863
P: +1978.2516000
F: +1978.2518228
Company Web Links
| Name | Compensation |
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James Conway |
1,252,750 |
Peter Folger |
592,393 |
Rajeev Balakrishna |
609,311 |
W. Nicholas Thorndike |
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Paul Braverman |
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