You have reached your limit of free articles this month.

Enjoy unlimited access to

Starting at just 99¢ for 8 weeks.


  • ePAPER

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.


Welcome to

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

Sidney plant to close, cut 78 jobs

Cenveo Inc. said it will close its commercial printing plant in Sidney and eliminate 78 jobs in January.

Cenveo, a $2 billion company based in Stamford, Conn., filed a notice with the Ohio Department of Job and Family Services on Friday, about the closing. The plant is located at 829 Vandemark Road.

“All manufacturing and productions operations will cease January 14, 2014,” the company said in its notice. “All employees affected by the plant closing are expected to be permanently laid off and their employment terminated on January 14, 2014.”

A company official contacted Monday declined to take a question about the job cuts and plant closure.

Cenveo operates more than 100 facilities across the U.S., as well as manufacturing operations in Asia, South America and Central America. In September, Cenveo purchased the assets of its chief competitor, National Envelope.

The company reported improved third-quarter earnings on Nov. 6, but noted that it faced headwinds in two of its businesses.

“We continued to see similar trends during the third quarter that we experience in the first half of the year with negative pricing pressures in our envelope and commercial print businesses,” the company said in a news release on its earnings.

Cenveo (NYSE: CVO) noted that sales for the quarter topped $442 million for the three months that ended Sept. 28, compared with $437 million for the same period last year. Most of that increase came from higher sales in the direct envelope business.

Net income for the quarter totaled $23.9 million, or 29 cents per share, compared with $4.4 million, or 6 cents per share, during the third quarter 2012.

Reader Comments ...

Next Up in Business

STORE CLOSINGS: Sears to close 50 auto centers
STORE CLOSINGS: Sears to close 50 auto centers

Sears Holdings is set to close 50 Auto Center locations, the company announced. Sears updated investors last week on its strategic restructuring program, stating the company aimed to save $1.25 billion through some store closures in 2017. The company already announced it would close 108 Kmart stores and 42 Sears locations. » RETAIL APOCALYPSE...
Two area health systems named Top 15 in nation
Two area health systems named Top 15 in nation

Kettering Health Network and Mercy Health have been named two of the Top 15 health systems in the nation by the international business research firm Truven Health Analytics. It’s the fifth appearance on the Top 15 list for the Dayton-based Kettering system, comprised of eight hospitals, including Kettering Medical Center, Fort Hamilton, Soin...
675 Ohioans complained about mortgage servicer sued by feds
675 Ohioans complained about mortgage servicer sued by feds

State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts, including 675 Ohio complaints. The Consumer Financial Protection Bureau said Thursday that the accounts Ocwen serviced were riddled with errors throughout the repayment process. It said the company...
Premier, UnitedHealthcare negotiations continue over health plans
Premier, UnitedHealthcare negotiations continue over health plans

Contract negotiations between the region’s largest health system and insurer UnitedHealthcare remain at an impasse as a deadline approaches that could jeopardize the health plans of up to 70,000 local residents. Premier Health and UnitedHealthcare, the area’s largest insurer, have been at an impasse in talks to renew their health coverage...
Dayton-area event will feature 500 small businesses
Dayton-area event will feature 500 small businesses

Ohio’s largest small-business-to-government-contracting event is set to happen Wednesday, the Ohio Development Services Agency said. The 2017 Ohio Business Matchmaker will be 8 a.m. to 5 p.m. Wednesday at Wright State University’s Ervin J. Nutter Center, 3640 Colonel Glenn Highway, Fairborn. RELATED: Defense contractor opens new office...
More Stories