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Polestar Proposes Closure Of Greaves Bindery

Press release from the issuing company

(August 07, 2008) Polestar has today announced its intention to close its finishing and bindery department at Polestar Greaves in Scarborough, with the loss of 190 jobs. A period of consultation will commence with local union representatives and officials.

The facility remained open following the closure of the company’s printing department earlier this year. However, recent investment by Polestar in new finishing equipment has resulted in this decision and the proposed closure will be completed in January 2009.

Catherine Hearn, Chief Operating Officer says: “The Ferag finishing lines we have acquired recently give us the opportunity to relocate finishing from Greaves to our other print sites, thereby improving efficiency and reducing transportation.’’

The finishing department has continued to bind and wrap magazines for leading publishers, including Telegraph, Bauer, News International, Observer, IPC and Express. This work will transfer to other Polestar sites.