Artech Printing Crumbles into Oblivion

On March 2, a federal bankruptcy judge decreed that Artech Printing must cease operations after filing for involuntary bankruptcy, sending the remaining 100 employees packing.

Watson and Castonguay, the primary owners of Artech Printing, acquired the plant in December 1999 and assumed $3 million in Golden Books state loans and a $750,000+ loan from the Racine County Economic Development Corp. But a little more than a year later, and $10 million in debt, Artech filed to liquidate its Sturtevant assets and the company went into receivership.