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Local companies tighten belts

Anne Bond Emrich

Published: January 8, 2009

X-Rite Inc. announced today it will fall short of its fourth quarter and 2008 sales estimate due to the slowdown in the global economy. The company also announced today a new profit improvement plan to better align its 2009 sales expectations and cost structure. As part of the plan, X-Rite will reduce its workforce by 90 positions.

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