Standard Register to Close Middlebury, Vermont Plant
Press release from the issuing company
DAYTON, Ohio, Jan. 26 -- Standard Register is taking steps to align its supply chain with market opportunities and customer needs. Through careful study of product mix, capacity, geographic coverage and growth projections, the company determined that a realignment and consolidation of its current assets will allow Standard Register to be more responsive in meeting customer needs.
As part of this effort, the company announced today that it will close its facility in Middlebury, Vt. and transfer equipment and production operations to three other Standard Register plants in the U.S. This redistribution of manufacturing assets will move production closer to customers' locations and increase the company's ability to serve their needs.
The Middlebury plant, which employs about 112 people, will continue to perform limited production through March 2007. The facility has been in operation since 1965 and produces business forms.
Standard Register is providing all affected associates with severance and job-finding assistance to help them transition to other jobs. Most associates will have the opportunity to apply for open positions at other Standard Register facilities, with relocation assistance.
The company is moving equipment from the Middlebury plant to its Murfreesboro, Tenn., York, Pa. and Fayetteville, Ark. facilities. It operates 34 printing facilities and 22 warehouses in the U.S., as well as one document services facility in Mexico.
Standard Register is focused on opportunities to drive profitable growth to create superior value for associates, customers, shareholders and communities for the long term.
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