Manroland sales down sharply, layoffs ahead

[GeorgeA]

The German press is reporting that Manroland sales are down 29% for the first half of 2009. The company plans to lay off 1,100 people and it is looking for contract manufacturing projects that it can bring in from other companies.

More details are here:
Manroland must cope with a severe drop in sales

You can read about the unique manufacturing capabilities that Manroland is offering here:
http://www.manroland.com/com/pdf_en/...09_3screen.pdf