Fairfax is back in the headlines for more bad news as it announces the closure a commercial printing business in Bordertown, South Australia. The company spokesperson says the closure of the print business, which is not named, will impact one staff member but their fate is not yet determined.
The commercial print business is said to have an old Heidelberg Kord single-colour sheetfed offset printer. The printer which produces flyers, posters, newsletters, invoice books, and stationery, was founded in 1908 and was acquired by Fairfax in October 2010. This closure forms a part of the major shake-up by the media company in a bid to downsize, following continuous dwindling newspaper circulation affecting its revenue streams. The proposal also involves closing the free weekly Roxby Downs Sun, cutting the Whyalla News from twice weekly to weekly, and shedding 35 jobs across the state. The spokesman says the final decision on the proposal is due to be made in the next couple of weeks.
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