Swissprinters relocates manufacturing operations and cuts 28 full-time positions

Swissprinters will focus consistently on industrial production in its core business of printing at its Zofingen site in future, as the company writes in a press release on Monday. As a result, the media service provider is relocating part of its production area from neighboring Strengelbach to Zofingen. The company will refrain from providing services outside of its defined core business in future, especially as the systems required for this are at the end of their life cycle. As a result, Swissprinters will cut 28 full-time positions in the lettershop, laser printing, storage and fulfillment areas by the end of the year. The plant in Strengelbach will be closed and the property is up for sale. The redundancies will be carried out in compliance with the legal requirements. A social plan is in place for the employees affected.

By concentrating on its expertise in industrial print production, in particular periodicals, catalogs, brochures and inserts, Swissprinters is focusing on web offset operations and increasing productivity through automation, the press release continues. "The extreme competitive pressure, exacerbated by the current currency situation, is leading to unsatisfactory results for the Group. We are countering this with a clear positioning and focus on our core competencies in industrial print production. We very much regret that this is associated with job cuts," Alfred Wälti, CEO of Swissprinters, is quoted as saying.