Three Printers Are Closing FacilitiesFebruary 2009
Book printer Courier Corp. and label specialist Multi-Color Corp. each announced plant closures. Courier Corp., of North Chelmsford, MA, is shutting down Book-mart Press in North Bergen, NJ, a 72-employee operation it acquired in 1997. The plant was expected to close its doors by mid-March.
Book-mart posted roughly $7 million in annual sales. Its one-color work will be distributed throughout the Courier network.
“We deeply regret having to make this announcement at such a troubled time in our national economy. Yet, it is that very circumstance that has made this action imperative,” noted Courier Chairman and CEO James Conway.
Multi-Color Corp. of Cincinnati is consolidating its Framingham, MA-based heat transfer label manufacturing facility into other existing plants. The plant is expected to shut down by early spring, with 62 jobs eliminated.
“These actions will strengthen our competitive position by reducing fixed costs and increasing manufacturing efficiencies,” said Frank Gerace, Multi-Color president and CEO.