Agfa To Close Italian Plate Factory
October 11, 2016 By PrintAction Staff
Agfa Graphics announced today that it plans to close down its factory in Vallese, Italy, one of its seven printing plate manufacturing sites worldwide. This facility, which the company describes as being a small operations relative to its other plate plants, produces lithographic aluminum printing plates for offset presses.
Agfa explained these product lines have been facing a weaker market demand, primarily in Europe, for several years.
“This decision is part of our global streamlining plan to reduce our manufacturing capacity and to improve the cost structure of our printing plate business,” said Stefaan Vanhooren, President of Agfa Graphics. “This is necessary to remain the leading company in an extremely competitive prepress business amid global economic uncertainty.”
Agfa has informed all employees about its intention to close the Vallese facility, impacting 120 employee positions.
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