10 January 2023
Decline in Long Run Printing, LSC Closes Two Plants
CHICAGO—
LSC Newmarket , Ontario location
LSC Newmarket , Ontario location
 LSC Communications, North America's fourth largest printer, says it is closing two of its facilities. More than 650 workers will be let go by the end of March.The work at those plants will be shifted to two other LSC operations. The company says the shutdown is the result of a steady decline in demand for long-run printing. Demand for long-run catalog and magazine printing has continued to decline, while paper and ink costs continue to rise. Customers are reducing their page counts and print runs, and some are converting to other marketing channels the company said.
Once part of RR Donnelly
Once part of RR Donnelly
LSC is the largest book printer in North America also a major retail inserts printer, magazine printer and office products manufacturer. LSC has two locations in Canada, Newmarket and Mississauga under the Tops Products and Esselte Canada names. LSC Communications which was spun off from Donnelly in 2016. The company was bought out of bankruptcy by Atlas Holdings, a private equity company in 2020.
 
Comments:
NEW ON THE JOB BOARD | RSS
Total Job Board Listings: 1
New This Week: 0
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
Total Used Equipment Listings: 18
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Harold says:
CPC has been losing millions for years now, it's no secret that less and less people need to use CP ...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline PaperFinder Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print