Standard Register to Close Middlebury, Vermont Plant
26 Janvier 2007 - 7:30PM
PR Newswire (US)
DAYTON, Ohio, Jan. 26 /PRNewswire-FirstCall/ -- Standard Register
(NYSE:SR) 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. ABOUT STANDARD REGISTER Standard
Register is a premier document services provider, trusted by
companies to manage the critical documents they need to thrive in
today's competitive climate. Relying on nearly a century of
industry expertise, Lean Six Sigma methodologies and leading
technologies, the company helps organizations increase efficiency,
reduce costs, mitigate risks, grow revenue and meet the challenges
of a changing business landscape. It offers document and label
solutions, technology, consulting, and print supply chain services
to help clients manage documents throughout their enterprises. More
information is available at http://www.standardregister.com/.
DATASOURCE: Standard Register CONTACT: For Media, Lesley Sprigg,
+1-937-221-1825, or ; For Investors, Robert J. Cestelli,
+1-937-221-1304, or , both of Standard Register Web site:
http://www.standardregister.com/
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