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screen printing => General Screen Printing => Topic started by: tonypep on March 10, 2025, 09:29:36 AM

Title: Art Fx Concord NH
Post by: tonypep on March 10, 2025, 09:29:36 AM
Looks like they are closing the NH facility. 100K sq ft. six autos etc up for sale (auction pending). Wonder what the back story to that is. Just being nosy.
Title: Re: Art Fx Concord NH
Post by: 3Deep on March 10, 2025, 10:07:01 AM
Belt tighten ahead of the curve the US is about to feel maybe
Title: Re: Art Fx Concord NH
Post by: Atownsend on March 13, 2025, 07:48:54 PM
This is Tegra, the NC plant. They we're acquired by a SK company last year. They closed the South American manufacturing plants shortly after acquisition. I only know of them because one of our team members relocated 2 hours away to go work for them in Norfolk. I spent months training her on seps and the office day to day. She said they had better benefits, so I said good luck. From what I understand they closed 6 months later and she came back looking for a job.... hard nah. LOL.

https://www.prnewswire.com/news-releases/sae-a-trading-announces-definitive-agreement-to-acquire-tegra-302110204.html (https://www.prnewswire.com/news-releases/sae-a-trading-announces-definitive-agreement-to-acquire-tegra-302110204.html)

https://businessnc.com/tegra-to-close-concord-plant/#:~:text=%E2%80%9CThe%20reason%20for%20the%20plant,notice%20filed%20with%20the%20state. (https://businessnc.com/tegra-to-close-concord-plant/#:~:text=%E2%80%9CThe%20reason%20for%20the%20plant,notice%20filed%20with%20the%20state.)