ST. PAUL, Minn. – Deluxe Corp. yesterday announced plans to shutter three manufacturing facilities and trim its workforce by 570 people as part of its cost-cutting efforts.
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The check printer plans to close its Greensboro, N.C. and North Wales, Penn., manufacturing facilities and its Thorofare, N.J., manufacturing facility and call center.
The company said it will record an estimated $22 million for restructuring and other charges. It sees $250 million of savings, net of investments, through 2010.
