Century-Old Texas Plant Closes its Doors
February 13, 2009
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KEENE, TX—Southwestern ColorGraphics, a wholly owned subsidiary of Southwestern Adventist University, has closed its doors, leaving 69 employees without jobs, according to the Cleburne Times-Review. Company President Larry Garret said the plant was a victim of the "weakening national economy," the paper reported.
The company underwent a reorganization in the spring of 2008, but poor sales in December and January of 2009 tapped out the printer's capital reserves. The forerunner of Southwestern ColorGraphics opened in 1897.
The company underwent a reorganization in the spring of 2008, but poor sales in December and January of 2009 tapped out the printer's capital reserves. The forerunner of Southwestern ColorGraphics opened in 1897.
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