Herald Printing Shutters Operations
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.