Walsworth Plunks Down Nearly $3MApril 2011
MARCELINE, MO—Yearbook printing and production specialist Walsworth Publishing has invested nearly $3 million in printing equipment for its facility here, a move that the company expects will provide new jobs and enable it to offer a broader range of products. Highlighting the acquisitions are an eight-color Baker Perkins G14 heatset web press, along with a 10-pocket Muller Martini 235 saddlestitcher.
Walsworth executives believe the gear will enable the company to offer clients more flexibility in production scheduling and four-color printed products, such as catalogs, magazines and publications.
As the equipment ramps up, more than 10 new, full-time positions are likely to be added.
"The substantial investment Walsworth Publishing is making in its finishing facility demonstrates our long-term commitment to the Marceline area," said Don Walsworth, CEO of Walsworth Publishing and a 2003 Printing Impressions/RIT Printing Industry Hall of Fame inductee. "Walsworth is not only committed to serving our customers; we are also committed to the people who live right here."
The capital investment and job creation will take place in the Marceline/Bucklin Enhanced Enterprise Zone, and will qualify the company for tax credits over the next five years.