Griffin Press, currently based in the Adelaide suburb of Netley, is now considering moving to Sydney, where parent company PMP Limited owns enough land to house the business. The current site has been deemed unfit for continued use due to noise and access issues, and the economic side of the business is also being hampered by high electricity costs.
State Government industry minister Paul Holloway says that while the government does not support the issuing of cash handouts, it had made an offer that is consistent with the Government policy of providing training and infrastructure support. He fears that despite any help the government could offer Griffin Press, the company may still choose to relocate in the future.
Opposition economic development spokesman Martin Hamilton-Smith says the offer is too little, too late, and may ultimately see the exit of a valuable contributor to the South Australian economy. He estimates Griffin Press injects $17m a year into the state economy, and had planned to invest $30m on a new plant and an equipment upgrade.
While the immediate future of the business is unknown, Greg Dawes, PMP SA general manager has moved to quell employee fears by stating the company’s commitment to protecting their jobs, although that may mean transferring them to another printing facility within the PMP family.
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