Office products maker Acco Brands said it would eliminate about 2 percent of its jobs and incur about $6 million in pre-tax costs in 2011 as it enforces a cost savings plan in its European business. Get the full story »
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Acco Brands 4Q earnings up more than sixfold
Lincolnshire-based Acco Brands Corp. said Wednesday that its earnings grew more than sixfold in the fourth quarter, benefiting from new products.
But the maker of Swingline staplers and other office products cautioned that 2011 will remain challenging because of uncertain consumer and business spending. Get the full story »
Acco names Elisman president and COO
Acco Brands Corp. promoted Boris Elisman, head of operations for its Americas region, to the new roles of president and chief operating officer.
The office-products business has reported improving results in recent quarters. In October it reported its Americas segment–the biggest top-line contributor–saw third-quarter operating profit edge up 1 percent as net sales grew by the same margin. The company produces widely recognized brands such as Swingline staplers and Kensington computer accessories. Get the full story »
