Herald Printing Shutters OperationsAugust 7, 2009
SACRAMENTO, CA—Herald Printing, which prints newspaper inserts, grocery ads and coupon books, is closing Friday after 59 years in business, according to the Sacramento Bee. A total of 43 employees are impacted by the move. Owner Ralph Danel Jr. told the paper that he couldn't secure a bank loan to keep the business afloat. According to the Bee, Herald Printing posted sales of $26 million and employed 150 people at its peak.