Finlay Printing Reportedly Closing Shop

The owners, Todd and Kevin Kalagher, had taken on substantial debt to repurchase Finlay, but the economy and flagging printing industry made it difficult to repay the debt, the employee told the paper. That prompted the decision to close up shop.

Kevin Kalagher did not immediately respond to a request for comment. The company, founded in 1876 and featured in a 2005 issue of Printing Impressions, ranked 236th on the 2011 PI 400 list of top U.S. printers listed by annual sales.