RR Donnelley Says It Opened New Global Outsourcing Facility In Chennai

Monday morning, Chicago, Illinois-based print and print-related service provider R R Donnelley & Sons Co. (RRD | charts | news | PowerRating) said it has opened its latest Global Outsourcing facility in Chennai, India. The 55,000 square feet facility will be located in Acropolis Building at Radha Krishnan Salai, Mylapore, in the heart of the city of Chennai.

The company already holds offices at Anna Nagar, Mount Road and Abhiramapuram in the city of Chennai. R.R. Donnelley's global workforce totals about 65 thousand and expects to add to that number for the latest facility.

Commenting on the opening, Kiran Shankar, managing director of RR Donnelley's Global Outsourcing- Asia Operations said, "We are excited about our expansion in Chennai. New client engagements along with the growth of existing client relationships have driven the need for this expansion. RR Donnelley's growth in Asia continues; just last September we acquired 41,000 sq. feet of space at Technopark for our second facility in Trivandrum, India."

Amarnath Reddy, owner of the Acropolis Building, said "Chennai ranks amongst the Top 15 best cities in the world for emerging outsourcing and IT destinations. We are delighted that RR Donnelley has chosen to expand its operations here at Acropolis, a state-of-the-art facility in the heart of the city."

Founded more than 140 years ago in 1864, RR Donnelley's global outsourcing offering provides judgment-based professional support services and industry-focused solutions, including legal services, financial management services, premedia services, transaction processing and real estate services. It is also the world's premier service provider of print and related services, Apart from clients in the US, including Fortune 1000 companies, the company also serves professional service organizations and financial services firms across Europe and Asia.

RRD closed Friday's regular trading session at $36.66, up $0.56 on a volume of 1.88 million shares, higher than the three month average volume of 1.11 million shares.

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