76 jobs, two plants to go at PMP

LEADING regional printer PMP has announced two of its press centres will close, resulting in the loss of 76 jobs.

The move was to increase efficiency and halt under-performance by key assets, said acting CEO Richard Alley.

The move comes less than a month after the departure of former chief executive Brian Evans, and a statement by chairman Graham Reaney that the company’s entire executive leadership would be reviewed.

Mr Alley said the move would put PMP is a better position to invest in new opportunities as they arose, or handle any further business challenges.

Print centres in Salisbury, South Australia, and Queensland’s Wacol will close their doors.

The Salisbury plant was a heat-set operation while a Rotoman8 press ran at the Wacol site.

In a statement, Mr Alley said: “We expect increasing price pressure as the worsening economic conditions reduce demand in an already highly competitive market.

“Optimising PMP Print’s most reliable and best performing presses will deliver much needed cost reduction benefits in the second half of the year.”

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