Riding the Recession Rollercoaster
What goes up, must come down
in the label and packaging market
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Frank Gerace, president and CEO of Sharonville, Ohio-based Multi-Color Corporation, had a similar observation. "Market conditions were stable through the third quarter of 2008; however, there was significant demand erosion during the fourth quarter as concern about the economic downturn led to customers ordering less to lower their inventories," he witnessed.
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Tom Polischuk
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