Jostens To Close Winston-Salem Plant
Posted by JamesB in Business News, Triad News, tags: Jostens, Layoffs, Plant ClosingI’m a little late on this one as I just now found out however it looks like Winston-Salem will be losing another 185 good paying jobs as Jostens closes it’s plant off South Stratford Road. Jostens will move it’s yearbook printing services to it’s other plants which happen to be located in states like Tennessee with no income tax on wages or maybe South Carolina with it’s corporate tax rate of 5% vs. North Carolina’s 6.9%. Jostens has increase production and invested in plant upgrades at these other locations making the Winston-Salem plant a victim of over capacity.