Union calls for rethink over print plant closures [Yahoo! Finance]
TEGNA Inc (TGNA)
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Source: Yahoo! Finance
A union is putting further pressure on the publisher of the Daily Mirror to rethink its plans to close two printing plants. Reach is set to dispose of its Watford and Glasgow sites next year, where more than 200 people are employed. Unite's general secretary, Sharon Graham, said: "It is completely wrong that Reach is intent on making skilled print workers redundant, especially as its financial success was built on their backs." Reach said its "strategic move" would "position our business for long-term success". The company adjusted its operating profit for last year to £104.7m, driven it said "by decisive action on costs as we move forward with a leaner and more strategic structure". The Watford plant, next to the A41 in St Albans Road, employs 147 people. A staff consultation process has begun. The BBC understands some might be able to be redeployed to Broxbourne, which could increase its staffing levels. The company's Saltire site in Cardonald would wind down operatio
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TGNA
Earnings
- 3/2/26 - Beat
TGNA
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- TGNA's page on the SEC website