Commemorate today's fatal accident by keeping yourself and your workers safe

A tragic reminder of the life-or-death importance of workplace safety came shortly before 6 a.m. today, when a fatal accident occurred at a commercial printing plant in Lancaster, Pennsylvania, evidently involving a tow motor (right).  Lancaster's coroner has scheduled an autopsy for Tuesday morning to determine the exact cause of the worker's death. 

Denise Seeman-Risner, vice president of manufacturing at the plant belonging to R.R. Donnelley and Sons Company where the accident occurred, has provided the following prepared statement from the company:  "All of us are all deeply saddened by the loss of our colleague and our thoughts and prayers are with his family and friends."

Deepest sympathies to all concerned, their families, and the Lancaster printing community.

http://lancasteronline.com/article/local/835614_RR-Donnelley-worker-killed-in-tow-motor-accident.html#ixzz2PtiwiL1e

http://www.njherald.com/story/21909480/mechanic-killed-in-accident-at-pa-printing-plant

http://www.centredaily.com/2013/04/08/3571122/mechanic-killed-in-accident-at.html
http://www.njherald.com/story/21909480/mechanic-killed-in-accident-at-pa-printing-plant

Update on 10 April 2013:

More information has been released about the victim, precedents, and investigations into Monday's accident at:
http://www.pennlive.com/midstate/index.ssf/2013/04/autopsy_scheduled_for_man_kill_1.html

http://lancasteronline.com/article/local/835614_RR-Donnelley-worker-killed-in-tow-motor-accident-identified-as-53-year-old-Lancaster-man.html

http://lancasteronline.com/article/local/836138_Fatal-tow-motor-accident-was-3rd-death-in-11-years-at-a-Donnelley-printing-plant-here.html

$10-million Donnelley donation to Florida museum includes 55 vintage Model A Fords

Last week the Elliott Museum of Stuart, Martin County, Florida, announced it had received a $10-million charitable donation from the Elliott R. Donnelley family--the largest single gift in the museum’s 53-year history.

Yesterday the museum also held its grand opening for the new 48,000-square-foot, environmentally friendly facility it will occupy following $20 million worth of reconstruction.  The Donnelley gift comprises about $8 million towards the reconstruction campaign, $1.2 million towards operational support, and 55 vintage Ford Model A vehicles valued at $800,000 from Elliott Donnelley's personal collection.  (A random sample of a Model A Ford is shown above.)  The classic automobiles donated by Mr. Donnelley will be housed in the museum's "Wheels of Change" exhibition of antique cars.

The Palm Beach Post reports that Elliott Donnelley’s enthusiasm for the Model A derived from the fact that he learned to drive in one.  He started collecting Model As in 1968, and what makes his collection remarkable is that he added commercial vehicles, including a Model A hearse, a Model A dump truck, and a 1931 Model A ambulance that was converted into a camper.

Mr. Donnelley, now 75, is the great-grandson of Richard Robert Donnelley, the founder of R.R. Donnelley and Sons Company of Chicago, the largest commercial printing company in North America, with annual sales of over $5 billion and 40 manufacturing facilities around the world.  He is also head of the non-profit organization Model A's Inc. and founder of the Lantana Boat Yard, both in Palm Beach County, Florida.

http://www.tcpalm.com/news/2013/feb/27/martin-countys-elliott-museum-announces-10/?partner=RSS
http://www.elliottmuseum.org/
http://martincountytimes.com/elliott-museum-announces-10-million-donation-from-elliott-r-donnelley-family
http://www.palmbeachpost.com/news/entertainment/arts-theater/stuarts-refurbished-museum-is-revved-up-and-ready-/nWb9M/
http://www.tcpalm.com/news/2013/feb/25/elliott-museum-offering-media-sneak-peek-of-new/?partner=RSS

R. R. Donnelley forecasted to be stock Deal Of The Year

Matthew Frankel of SeekingAlpha.com, a Website for stock market news and financial analysis, has picked North America’s largest printing company, R. R. Donnelley and Sons Co. (RRD), as a contender for 2013’s high-yielding Deal Of The Year.

Among the things he likes about the company are its strategies to lower its cost structure, improve the quality of its products to stand out in the industry, and grow by acquisition.  (It has acquired nine companies since 2010.) 

He predicts:  “RRD is expanding by capitalizing on the exit from the market of smaller, weaker competitors. As RRD acquires smaller printing firms and expands, the company will gain market share as it leverages its geographic and product breadth in its favor. Operating margins in 2012 and 2013 will be helped by increased productivity and cost synergies from its recent acquisitions, and its revenues will rise slowly but surely.”

Especially impressed by RRD stock’s “insanely cheap” valuation (currently around $9.00 per share), Mr. Frankel writes:

"RRD has paid out $1.04 a share annually every year since 2004. Analysts are projecting earnings of $1.87 this year, $2.00 next year, and 5% growth from there, so do the math. For this reason, analysts have an average 1-year price target of $13.25 on the company, which is 6.7 times projected 2013, well below RRD's historic valuation levels. This represents a 45.8% upside potential over current levels, and I believe this target to be very conservative. If RRD meets analyst expectations and turns in a few more positive quarters, I think the stock will gravitate toward the lower end of its historic EPS multiple, around 8.5 times earnings. Based on projected 2013 earnings, this translates to a target of $17."

See his full analysis at:

http://seekingalpha.com/article/1073131-r-r-donnelley-deal-of-the-year?source=feed

http://seekingalpha.com/symbol/rrd/