By: E&P Staff
Publisher Alex Taylor reported Wednesday in The Daily Sentinel of Grand Junction, Colo., that his paper has indefinitely postponed plans to build and equip a production plant and news and business offices. Employees were informed of the decision a day earlier.
Under consideration at least as far back as June 2006, the project as it developed reportedly was to commence in August.
“After nearly a year of intense planning and project management, I pulled the plug on the biggest single project this paper has been engaged in during the last 30 years. It was not an enjoyable day,” wrote Taylor, who until spring of last year was vice president and business manager at owner Cox Newspapers’ flagship, The Atlanta Journal-Constitution.
Attributing to decision to the “challenging economic environment,” the publisher wrote that “while it is one of the most difficult decisions Cox has had to make in some time, I wish more institutions would have made more decisions like this years ago.” Unlike other companies that put their futures at risk, he continued, Cox would not. “When conditions change, our plans change. We attribute 110 years of steady growth to that fact. As a family business with 80,000 employees, we keep our house in order by spending money when it is appropriate and conserving it when it is not.”
Taylor thanked the project’s contractors, architects and equipment manufacturers for their work and the city for its help in the permitting process, and he assured readers of no change in the paper’s and its Web site’s coverage of western Colorado.