Classic Graphics, an Imagine! company, is pleased to announce plans to expand press, finishing, and fulfillment capabilities at their Charlotte, North Carolina facility. The expansion will include press and finishing equipment additions, enhanced design services, and increased fulfillment capacity, offering a complete in-market solution, production, and distribution footprint for the Southeast region. A new seven-color, 64" KBA Rapida 164 hybrid printing press has been acquired for Classic's pressroom. This large-format lithographic press will support a growing UV business with increased production speeds, fast makereadies, and precise in-line quality control. The facility expansion includes a full range of large-format finishing and kitting capabilities and triples the size of Classic's current fulfillment center, increasing secure storage options and boosting digital Print-on-Demand capabilities. Click Read More below for additional details.
The sudden closure on Monday night of The MATLET Group’s Packaging Graphics printing and thermoforming facility in Pawtucket, R.I., appears to mark what may be the final chapter for the primarily sheetfed offset manufacturer of blister cards, folding cartons and other types of consumer packaging; menu printing; and fulfillment services.
Local station WLNE TV/ABC6 reported that some of the 100 workers employed at the 300,000-sq.-ft. plant showed up at work Tuesday morning, only to find police barring them from being able to enter the property. The employees told the television station that they had no advance warning that MATLET Group’s headquarters facility would be shut down.
One employee also played an automated message from MATLET Group CEO Gary Stiffler that was reportedly sent to employees at some point the day before. The recorded message said: “We’ve been seeking refinancing options of our debt and we are working with our current lender. Unfortunately, we have been recently notified that we’ve lost another significant piece of business. It is with great regret that I must inform you that we are closing the plant and the company, today, October 8th.”
This latest chapter follows what has been a gradual decline for The MATLET Group, which employed about 400 employees just two years ago and claimed to be the largest minority-owned commercial printing company in the U.S. It was also a Corporate Plus member of the National Minority Supplier Development Council.
more at source: https://www.piworld.com/article/matlet-group-suddenly-closes-rhode-island-plant/