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1 February 2017
Web Offset in creditor protection again
Web Offset Publications has filed for creditor protection again. In November of 2015 Web Offset filed for protection and restructured. In January Web Offset defaulted on the original proposal. On January 19 of this year they filed for protection again. Web Offset specializes in printing trade and consumer pubications . They have both web and sheet feed presses.
Web Offset did about $22 million in 2014 ( #48 on the Graphic Monthly top printers list) with about 100 employees. They owe about $6 1/4 million. There has been rumours that there is a buyer talking of buying the operation.Call have not been returned . We will keep you posted.
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