ONE OF the State’s largest commercial printing firms, Future Print, entered examinership yesterday, with the company blaming the decision by State bodies to award contracts to companies abroad as one of the main reasons behind its difficulties.
David Carson of Deloitte was appointed examiner to the company by Justice Frank Clarke yesterday. The court heard that a shortfall in bank funding and bad debt contributed to “cashflow difficulties” at the company, which employs some 100 people.
Managing director Brian Reilly said he was confident the company would survive, and it was currently in talks with an investor.
The examinership case is due in court again on April 13th.
This month Coolock-based printing company Wood-Printcraft Ltd entered examinership, also citing the awarding of contracts to foreign companies as a contributing factor.
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