Printing
Companies in Administration. (CiA)
- Vanmaker LDV has been placed into administration with 850 jobs possibly being lost. Attempts to sell Birmingham-based LDV as a going concern have failed.
- CragRats theatre and training company goes into adminstration. More than 70 people are believed to have lost their jobs after an award-winning theatre and training company hit financial trouble.
- Sufolk Marine survey company goes bust with a major operation in Lowestoft has gone into administration resulting in 27 local redundancies – and the propsect of more to come.
- Venture Packaging Innovations goes into administration. The company supplies packaging for cosmetics, healthcare, lifestyle and entertainment industries and has been going for 20 years. It specializes in multi-colour printed cartons, bespoke packaging in card, specialist packaging or ‘unusual folding items’. The reasons for the company’s decline into administration are still unknown.
- The Portland Spa Hotel and Conference Centre has been seriously hit by the recession and has called in the administrators.
- Harvey World Travel has gone into administration and sold almost half its branches to newly-created company Vacation World.
- The Staincliffe Hotel in Seaton Carew, near Hartlepool, is looking for a new owner after chef Mark Jones was forced to place the business into administration.
- Deloitte has been lined up to potentially provide administrators to satellite sports business Setanta. The broadcaster is believed to be struggling to pay off it bills for the rights to Premiership games and for the Scottish Premier League.
- Rock board places the company in administration as the slump in the property market claims another high-profile victim. Rock, the property company founded by Paul Kemsley is one of Sir Alan Sugar’s closest advisers.
- Challenge Finance collapses after suspected client fraud.
- Paterson Printing in administration with 40 staff axed.
CiA, Hotel, Printing, TV, Van & Truck
QuadGraphics to lay off 140 employees in Sussex, Wisconsin.
The US’s third-largest privately held printing company Quad/Graphics Inc. will lay off 140Â employees. The cuts will be made from the Sussex, Wisconsin based company’s national workforce, but the majority will be in Wisconsin where the firm has its largest base of operations. The layoffs will be made in the company’s pre-press and QuadTech operations.
Total losses = 140
