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The timing of the shutdown was aimed at guaranteeing that current customer work would be completed and that creditors would be paid in full. During 2008, Koke Printing reportedly saw a more than 40 percent drop in its highly profitable, nationwide auction brochure business.
“Making this decision is very difficult,” said Dick Pierce, president of Koke Printing, in a release. “I have made my life’s work building businesses and am proud of all of the people we have been able to employ in my lifetime. Our employees have been the lifeblood of this company for several generations. It was for the employees that we kept going as long as we have.”
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