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KEENE, TX—Southwestern ColorGraphics, a wholly owned subsidiary of Southwestern Adventist University, has closed its doors, leaving 69 employees without jobs, according to the Cleburne Times-Review. Company President Larry Garret said the plant was a victim of the "weakening national economy," the paper reported.
The company underwent a reorganization in the spring of 2008, but poor sales in December and January of 2009 tapped out the printer's capital reserves. The forerunner of Southwestern ColorGraphics opened in 1897.
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