More than 50 workers have lost their jobs, after Canberra-based printing company Paragon Printers went into liquidation this week.
Paragon Printing bills itself as one of the largest independently owned commercial printers in Australia, but on Monday it closed its doors, owing creditors approximately $3.3 million.
Paper supply companies made up the majority of creditors owed.
Henry Kazar, a voluntary liquidator with Ernst & Young, said the company’s financial position was being investigated, but that many printing businesses had undergone cost-cutting …
Read the full article at: http://www.abc.net.au/news/2015-12-09/over-50-jobs-go-as-paragon-printers-enters-liquidation/7012978