Allprint Ainsworth Associates, a 34-year-old commercial printing company based in Kitchener, Ontario, filed for bankruptcy protection with company owner, Klaus Ertle, subsequently announcing his retirement.
After being contacted about the company’s pending closure or restructuring, printing-industry veteran Ertle responded via email that he is retired as of February 12, 2010.
On February 12, The Record news organization, based in Kitchener, published a story that Allprint Ainsworth had filed a notice of intention under Canada’s Bankruptcy and Insolvency Act.
According to The Record, the bankruptcy protection notice was filed on February 5, with Toronto-based Farber & Partners Inc. being appointed as trustee in the case.
Klaus Ertle served as production manager at Ainsworth Press prior to founding his own company, Allprint, in 1976. Allprint acquired shares of Ainsworth Group from Southam Inc. in 1993 and then consolidated the two printing firms. The company employs around 80 people within a 50,000-square-foot plant.
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