Griffin Press to stay in South Australia

A company source said the report in Monday’s Adelaide Advertiser (which was subsequently picked up by trade media) caused consternation among the company’s 300 workers and unions. He confirmed that PMP Printing , the parent company, has been in negotiations with the South Australian government for some time over its search for a greenfield site, but said that it has no plans to relocate Griffin Press to Sydney.

Griffin Press is believed to be in line for $30 million of the $124 million investment in equipment promised by David Kirk CEO earlier in the year. The company’s current premises are unsuitable for the installation of major new book producing equipment due to access and noise issues. The high cost of South Australia’s electricity supply is also considered to be a factor in PMP’s discussions with the state government.

Griffin Press is one of Australia largest and most prestigious book printing companies. It is the only corporate identity to survive the amalgamation of numerous printing companies into the giant PMP Printing.