West Point Products to Shutter Ohio County Office

According to The Intelligencer, West Point Products, a U.S.-based supplier for the imaging industry, plans to shut down its Ohio County Office and lay off around 45 workers by March 2014. Also, it will relocate its remaining sales and administrative offices of its operations to its Washington, Pennsylvania headquarters.

West Point and Clover Technologies are sister companies, independently operated, but each acquired by Golden Gate Capital in June 2010.
West Point Products’ President Tom Day said they made this adjustment because the lease of the company building in Valley Grove is up at the end of March. Day added, “This will be a gradual move over the next three months. We anticipate by March 31 to be out of the Valley Grove building, which is when our lease expires.”

As was revealed by Day, West Point Products is growing with the acquisitions of several businesses and asserted the company is “not downsizing but is streamlining for a more feasible operation”.

In a press statement, Day noted, “Our industry has been continuously consolidating for several years resulting in an increasingly challenging global market environment. In an effort to maintain our competitive position in the marketplace, we’ve determined that it’s no longer economically feasible for us to continue to operate two facilities in such close proximity to one another. We regret the impact these moves will have on our affected employees and their families and greatly appreciate the contribution of each employee and thank them for their years of dedicated service.”

West Point Products produces replacement laser toner cartridges and provides related imaging supplies and services. The company also has operations in eight other states in the U.S., Canada and Mexico.

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