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Management Side
Cenveo to Close Facility

Merrimack, New Hampshire, USA 03 November 2015 -- (From the New Hampshire Union Leader) -- Nashua's namesake company, Nashua Corp., owned by graphics giant Cenveo, will shutter its Merrimack location by April 30 of next year, resulting in 53 layoffs and marking the end of a manufacturing legacy in New Hampshire that goes back more than a century.

The company notified the state and the town by letter on Oct. 26 that the Merrimack packing facility at 59A Daniel Webster Highway is ramping down and will be permanently closed by next spring.

The letter, filed in compliance with the Worker Adjustment and Retraining Notification Act (WARN), lists 20 non-union and 33 union positions that will be affected by the plant closure, ranging from process engineers to janitors and pipefitters.

Founded in 1849 as the Nashua Card and Glazed Paper Co., and incorporated as Nashua Corp. in 1904, the company had five factories in different states as recently as 2010. Nashua Corp. was purchased in 2009 by Cenveo, in a $44 million cash and stock deal. Soon after that purchase, Cenveo closed the Nashua Corp. plant in Omaha, Neb.

Nashua Corp. maintains corporate headquarters at 11 Trafalgar Square in Nashua, and manufacturing facilities in Missouri, Tennessee and California, making labels, coating paper and related equipment.

A Cenveo representative was unavailable for comment about the reasons for the Merrimack plant closure. In its latest financial statement, the company reported net sales of $460 million for the three months ending June 27, compared to $479.4 million for the same period last year, a decline of 3.9 percent, citing among other things "continued pricing pressure in our print business."

The Merrimack closure marks the end of Nashua Corp.'s manufacturing enterprise in New Hampshire. "It's kind of sad," said Mike Power, community outreach administrator in the Division of Resources and Economic Development, "but time marches on."


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