A well-known Dublin print company, Wood Printcraft, has gone into receivership with the loss of over 60 jobs. The company, based in the Malahide Road Industrial Park had been in existence since 1837 and at one time had a workforce over 100.
The company had five divisions at one stage:
-Wood Printcraft;
- Printcraft Digital;
- Printcraft Packaging;
- Printcraft Imaging;
- WPG DocStore.
It specialised in producing annual reports, magazines, corporate literature, calendars, promotional publications, print-on-demand solutions, manufacturing high quality cartons, as well as electronic imaging and document storage and e-discovery support services.
Production facilities included both sheet fed litho and digital print.
Regrettably, Wood Printcraft is just another casualty in a long list of major print companies in Ireland that have seen the recession decimate their businesses over the last few years.
A further knock-on, of course, is the losses that major paper merchants will suffer as a result of this closure.
A spokesperson for one paper merchant who did not wish to be named said trading for the first two months of 2012 was the worst he had seen in nearly 30 years.
Other industry sources have told DPNLive that they do not see any pick-up in commercial print activity in the foreseeable future.
KPMG has been appointed receiver.
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