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TechBooks Loses Key Contract, Will Close Plant in Shippensburg, PA

Press release from the issuing company

Aug. 1, 2001TechBooks is closing a small plant in Shippensburg, PA that supplies pre-press services to a limited number of publishing clients. While TechBooks is experiencing positive overall growth, President Tom Cunningham said a major client failed to renew its contract with the Shippensburg facility, which forced the closing. Services to remaining clients will be handled by TechBooks' facility in York, PA. Some of the company's 35 employees based in Shippensburg have been offered jobs in York, and all employees leaving the company will receive severance packages, resume services and letters of recommendations to help them find new jobs, Cunningham says. The decision to close the plant was announced to employees on July 19. Ted Witman, president of East Coast Operations for TechBooks, says his family opened the plant in 1984 as part of its company, The PRD Group, which was merged into York Graphics last year. York Graphics had been acquired by TechBooks in 1999. "We have been blessed with a dedicated and talented workforce. So it is with much regret and sadness that the decision was made to close the facility. Despite all of our best efforts, a major client failed to renew its contract, and we could no longer afford to operate the Shippensburg facility," Witman says.

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