Cadmus Specialty Publications is closing its Wilson Borough (PA) operation in 60 days, a move that will result in the loss of nearly 200 local jobs, according to the state Department of Labor & Industry. The plant, a fixture in the borough for more than 100 years, will shutter on April 27, parent company Cenveo Inc. informed Pennsylvania officials Monday. A state labor department spokesman said 195 employees will be out of work.
Some of those workers leaving their shifts Tuesday evening described the company as a place that had loyal bosses and dedicated employees.
Cenveo
The volume of GPO work contracted to the private sector totaled $59 million for the fourth quarter, compared to $78 million for the third quarter of 2011 and $66 million for fourth quarter of 2010. NPC Inc. won the most GPO work.
STAMFORD, CT—Cenveo Inc. has agreed to sell its Forms and Business Documents Group to Ennis Inc., a manufacturer of printed business products and apparel headquartered in Midlothian, TX. The divestiture of the group, including the Printegra and PrintXcel brands, to Ennis is expected to better position that business for continued growth and success.
Cenveo’s divestiture of the group, including the Printegra and PrintXcel brands, to Ennis is expected to better position that business for continued growth. The combined sales of PrintXcel and Printegra reportedly total approximately $80 million annually. Substantially all employees of those two businesses will be offered positions with Ennis’ new operation.
CHAMBERSBURG, PA—It's a three-peat for NPC Inc. of Claysburg, PA, which once again heads the list of “GPO Top 50 Print Suppliers.” For the third straight year, NPC was king among the top 50 private sector print suppliers that did the most work for the U.S. Government Printing Office (GPO). Federal Fiscal Year 2011 covered October 2010 to September 2011.
For the third consecutive year, NPC Inc. of Claysburg, PA, heads the list of “GPO Top 50 Print Suppliers.” It was awarded $24.7 million of the $331 million in GPO printing work done in fiscal year 2011.
While 2010 was resplendent with major printing company acquisitions, its successor came and went with little fanfare. Asset sales and closures took center stage in 2011, and crime continued to play a leading role from a news standpoint.
Cenveo’s net sales in the quarter increased approximately 10 percent to $500.6 million, compared to $455.1 million for the three months ended Oct. 2, 2010, primarily due to the acquisition of MeadWestvaco Corp.’s Envelope Product Group. Operating income of $35.7 million compared to an operating loss of $156.1 million for the three months ended Oct. 2, 2010.
Commercial printer equipment installations and other news from Printing Impressions’ Oct. 2011 edition, featuring items on Docuplex Graphics, Haapanen Brothers and J.W. Boarman Co.
Commercial printer company and personnel news from Printing Impressions’ October 2011 edition.