Swiss Printers discontinues gravure printing process and cuts 130 jobs
Swiss Printers will cease gravure printing at its Zofingen site at the beginning of 2011. The withdrawal from gravure printing is associated with the loss of 100 full-time positions. A further 30 jobs will be lost in administration and prepress.
Swiss Printers will withdraw from the gravure printing process at the beginning of 2011. The reason for this is pronounced overcapacity in the international market and the resulting high price pressure, according to a press release issued on Wednesday. In addition, the gravure printing systems at the Zofingen site are nearing the end of their life cycle. They will be replaced by a new, high-performance 72-page web offset system. The discontinuation of the process at the Zofingen site will result in the loss of 100 full-time positions. With the aim of reducing duplication within the Group, a further 30 jobs will be cut in the administrative areas and prepress by the beginning of 2011. The restructuring will be carried out in compliance with statutory participation and social partnership rules. A social plan is available for the employees affected.
Swissprinters is investing in sheetfed offset printing, the statement continues. A new 10-color sheet-fed offset system will be installed at the Schlieren site in 2010. The Swissprinters Group has already modernized its offset capacities in St. Gallen and Zofingen over the past two years.
With 1,100 employees, Swiss Printers is the largest group in the graphic arts industry in Switzerland. It is a subsidiary of the media companies Ringier, NZZ and Edipresse and unites four printing plants: Ringier Print Zofingen AG, Zollikofer AG St. Gallen, NZZ Fretz AG Schlieren and Imprimeries Réunies Lausanne S.A.
Swissprinters is investing in sheetfed offset printing, the statement continues. A new 10-color sheet-fed offset system will be installed at the Schlieren site in 2010. The Swissprinters Group has already modernized its offset capacities in St. Gallen and Zofingen over the past two years.
With 1,100 employees, Swiss Printers is the largest group in the graphic arts industry in Switzerland. It is a subsidiary of the media companies Ringier, NZZ and Edipresse and unites four printing plants: Ringier Print Zofingen AG, Zollikofer AG St. Gallen, NZZ Fretz AG Schlieren and Imprimeries Réunies Lausanne S.A.
