Small Minnesota town hit with big layoff by Chicago printing company

LSC Communications announced today that its Book Division, the largest book producer in the United States, will now operate as Lakeside Book Company. In addition to book manufacturing, Lakeside provides distribution, sales and marketing services, as well as IP and brand protection technology for book publishers and others requiring premium quality print and distribution-related services. The new name of the Book Division as Lakeside Book Company is rooted in the company’s rich history and marks a renewed commitment to providing best-in-class printing and fulfillment services. "Lakeside Book Company represents the best of our past and the opportunity to build on that foundation and write our future as the go-to book producer for publishers large and small. The Lakeside name is a nod to our roots and symbolic of the trust our company has earned to help stories of all kinds be shared. We have taken the opportunity to revisit our company values and align ourselves around the true purpose of our business: crafting books for readers and serving our publishing customers,” says Dave McCree, CEO of Lakeside Book Company.

Luxury packaging printer JohnsByrne has installed the Eagle Systems Cold Foil system to better serve their client base and increase their ability to innovate. Founded in 1959, the organization remains a family-owned operation, with founder, John B. Gustafson’s four sons: Corey, Jack, Mike and Pate, running the business as President, COO and Executive Vice Presidents, respectively. “We are a very client-centric, customer-focused operation,” said Corey Gustafson. “We look at the marketplace, and look for ways to provide solutions to problems our customers are having, and new ways to enhance their current product lines. We try to be very proactive about getting in front of our clients’ needs and the available technology, and the Eagle Systems Cold Foil system proved to be a great compliment to our offering; it was the right fit, at the right time.” He noted that while they have, and continue to offer, hot stamping technologies, there were some applications where that process wasn’t a perfect fit. They could find a way to get it done, but Cold Foil, said Corey Gustafson, “gives us a great deal of flexibility, now, and nuance to our offerings. We can provide different solutions to the same problem, to find the one that best suits the project, product and customer. It’s a different tool in our belt.” Click Read More below for additional information.

2021 Third Quarter Results - Revenues increased by $34.2 million, or 5.8%, from $587.4 million in the third quarter of 2020 to $621.6 million in the corresponding period of 2021. Operating earnings decreased by $25.1 million, or 33.3%, from $75.3 million in the third quarter of 2020 to $50.2 million in the third quarter of 2021. Net earnings attributable to shareholders of the Corporation decreased by $20.2 million, from $48.3 million in the third quarter of 2020 to $28.1 million in the third quarter of 2021.