LSC Communications to Close Spartanburg, S.C., Printing Plant, Impacting Over 400 Workers (piworld.com)

One of the main tenets of buying and owning real estate is location, location, location. The same can be said for the location where skilled workers live when they lose their jobs, and what new opportunities may exist for them within their local communities. Sadly, several large printing companies that close are located in rural areas, where job prospects are sparse and where it devastates the small-town ecosystems that count on good-paying jobs and corporate tax dollars.

So, while it’s certainly bad news that on Feb. 18, 2021, LSC Communications will close its eastside Spartanburg, S.C., printing plant located at 300 Jones Rd., the job prospects — albeit in different industries— for the more than 400 workers employed at the one-time RR Donnelley operation appear, at least on the surface, to be better than what’s happened elsewhere.

“It is never good news to have a longtime company close, but the good news is, if it had to happen in 2021, Spartanburg is the place you want to be,” Spartanburg County Councilman David Britt, chairman of the county’s economic development committee, told the Spartanburg Herald-Journal following news of the impending closure. “I hate to lose one company that calls Spartanburg home because they became family, but it is a fact that the times and markets are always changing.”
more at source: https://www.piworld.com/article/lsc-closing-spartanburg-sc-printing-plant-impacting-400-workers/