Monday, July 25, 2011

Sun-Times Media Closing Printing Plant in Chicago and Lay Off 400 Workers

Sun-Times Media Holdings LLC is closing a printing plant in Chicago, Ill., in Sept. 2011, leaving 400 employees without jobs.

The plant closing and layoffs are part of an agreement in which the Chicago Tribune will print the Chicago Sun-Times and several of its suburban newspapers.  The deal is expected to generate more than $10 million a year for the company.  Sun-Times Media Chairman Jeremy Halbreich said the agreement will allow the company to invest more in editorial content and advertising sales

Sun-Times Media Holdings publishes the Chicago Sun-Times, one of the county's top daily newspapers serving Chicago along with rival paper the Chicago Tribune (published by Tribune Company).  In addition to its flagship paper, Sun-Times Media publishes more than 50 community papers serving the Chicago metropolitan region, including The Herald-News (Joliet, Illinois) and the SouthtownStar (Tinley Park, Illinois).

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