Publishers Press Will Consolidate Into Lebanon Junction, Ky., Plant
SHEPHERDSVILLE, Ky. — Publishers Press, a 150-plus-year-old printer, is closing down its plant here within the next year, transitioning all work and employees to its Lebanon Junction facility by Jan. 1, 2017, WDRB-TV reported.
Employees were notified in mid-August via a memo from President Michael Simon, which also stated that employees would begin working on a four-day schedule including, for the first time in company history, weekend hours, the station reported.
Dick Ryan, vice president of sales and marketing, told WDRB that the move would enable the company to save money and maintain its ability to compete. Ryan pointed out that while there is no real room for growth at the Shepherdsville building, the plant in Lebanon Junction — at 700,000 square feet — is almost three times as big.
The memo also pointed out that these moves will enable the company to invest in new equipment.
The specialty and trade magazine printer employs roughly 1,300 people. Prior to the move, according to WDRB, about 700 employees worked at the Lebanon Junction plant.
Ryan adds that while no layoffs were imminent, there could be staffing reductions "down the road," according to the report. "We think we will lose some people, unfortunately," he said.