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You are here: Companies Closing 789 Jobs will be lost by Worldcolor closing Dyerburg, Tennessee plant

789 Jobs will be lost by Worldcolor closing Dyerburg, Tennessee plant

789 Jobs will be lost by Worldcolor closing Dyerburg, Tennessee plant

Worldcolor is closing down its 770,000-square-foot facility in Dyersburg, Tenn, getting rid of 789 roles by the end of first quarter 2011.The company provides printing services to catalogue and mag publishers, and revealed nationwide titles including Cosmopolitan, Popular Technicians , Forbes and Good Housekeeping at the Dyersburg facility.

Montreal-based Worldcolor start the facility in Dyersburg in nineteen eighty six when it was known as Quebecor World Inc.The company filed for Chapter eleven insolvency protection in 2008, and modified its name to Worldcolor after developing from Chapter eleven last July.Worldcolor close its plant in Covington, Tenn, last summer, getting shot of 347 roles. It also shut down its facilities in Memphis and Olive Branch later on in the year. Those facilities employed 117 and 240 folk .

In Jan , Sussex, Wis.-based Quad / Graphics Inc. Voiced it was taking Worldcolor in a deal that's expected to shut sometime this summer. The exchange, together with lower volumes in the printing industry, led on to the choice to shut the Dyersburg facility. Quad / Graphics has recounted it was closing down Worldcolor plants in Canada and Ohio to try to consolidate its facilities.Worldcolor officers couldn't instantly be reached for comment. The corporation's notice of redundancies appeared Monday in Tennessee's weekly layoff report from the Dept of Work and Workforce Development.

Allen Hester, president and Boss man of the Dyersburg Chamber of Commerce, recounted the shutdown will affect close to fifteen % of Dyersburg's producing work force. He asserts the corporation's call to close the plant down in phases will ease the impact moderately but the final result remains the same. Worldcolor is offering severance packages of almost twenty-six weeks dependent on an employee's length of service. It will be holding an internal job fair Apr thirteen to permit interested workers to interview for positions at its remaining facilities.They have been one of the mainstays of business work in Dyer County, Hester declared. They have been here for twenty-five years and we have had a good run with them, but life will go on.

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