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“What we’re hearing is that the bank we’re dealing with is having issues,” Mitchell told the paper. “It’s not feasible to go forward without cash flow.”
Another Eugene printer, 101-year-old Koke Printing, closed its doors in early December, costing 46 employees their jobs. In a press release, the company cited changes in the printing industry and the financial crisis that affected orders from existing customers, as being behind the move.
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