By: E&P Staff
Journal Register Co., based in Yardley, Pa., announced Friday that it is consolidating its New Britain, Conn., printing and mailroom operations at its New Haven, Conn., plant on Monday, July 9.
The project is estimated to reduce production expenses for the combined operations by approximately $500,000 as a result of permanent reductions in salary and wages, newsprint use and related facilities expenses.
As a result of the change, I said, The Herald, Middletown Press and Sunday Herald Press readers of and advertisers will see improved print quality, more color capacity, high-speed inserting and a more compact page size.
The Herald’s now-redundant equipment either will be used in other JRC production plants or sold.
“This move is an ongoing part of Journal Register Company’s cluster strategy and another example of the options available to Journal Register to support cash flow during this priod of transformation from traditional to new media,” JRC Acting Chairman and CEO James W. Hall said in a statement.
The consolidation adds to the annual savings of more than $11 million identified in a presentation by Senior Vice President and Chief Financial Officer Julie A. Beck during last month’s Newspaper Association of America Mid Year Media review.