Another commercial printer is permanently closing their doors as the printing industry consolidates and the impact of electronic printing and advertising disrupts the need for commercial printing. Ithaca, New York-based Vanguard Printing plans to shutter its facility and layoff all of its 120 employees. The privately-owned company was managed by Kappa Printing Management Associates. The disposition of the equipment is unknown.
According to a statement from Vanguard Acting General Manager Thomas Simunek, "You have made many positive contributions to the Company during your tenure and we thank you for your dedication and efforts."
A number of competitors have expressed their sentiments for the employees and appear to be hiring. The handwriting was clearly on the wall when the WARN (Worker Adjustment and Retraining Notification) notice was filed on June 29, 2018.
Are you wondering, Am I Next?