Press release from the issuing company
Mortsel, Belgium – Today, Agfa Graphics announced that it intends to close its factory in Branchburg (New Jersey, USA) - one of its six production sites for printing plates worldwide. This plant produces lithographic aluminum printing plates for offset presses. In recent years, market demand for these products has slightly decreased in Europe and the USA. In other regions, such as Asia, demand increased.
"This decision is part of our strategic plan to optimize our global production capacity and supply chain for printing plates. This is necessary to remain a strong player in the extremely competitive global prepress market, which is transforming rapidly'' says Stefaan Vanhooren, President of Agfa Graphics. "This closure will have an impact on 125 jobs. We are committed to minimizing the social impact of this closure as much as possible. Furthermore, this decision will have no impact on our high standards of delivery of our goods and services to our customers in North America''.
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