Power Breakfast: Long-time printer closing, bank overhaul, home prices, AT&T vs. Verizon, Delta

Deep roots are not enough to withstand the change that’s swirling around business today.

Stevens Graphics, an Atlanta printing press founded in the 1880s to produce the Hastings Seed Catalog, is tentatively scheduled to close by the end of the year, AJC staffer Rachel Tobin Ramos writes.

AT&T, the printer’s current owner, plans to close two Stevens plants – one here and one in Birmingham — because printing is not part of AT&T’s  “core business,” said Bob Mueller, executive director of business operations for AT&T Advertising Solutions.

More than 400 jobs –- 227 in Atlanta and 208 in Birmingham — will be eliminated, Ramos reports.

Stevens prints more than 65 million Yellow Pages and White Pages directories annually.

Mueller said the AT&T Real Yellow Pages would still be printed and delivered, but the company will outsource it.

But Mueller said AT&T has no other printing presses. He expressed AT&T’s regret about the closures.

This economy is prompting lots of regrets.

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2 comments Add your comment

clyde

November 11th, 2009
7:07 am

435 more jobs leaving the country.Thank you AT&T.

OMIPS

November 11th, 2009
8:08 am

Monday morning I was at an alumni breakfast at Southern Poly Tech listening to fellow alumni Suzanne Sitherwood speak about her career and community leadership. Sitherwood is VP of AGL Resources and incoming president of the Georgia Chamber of Commerce. During question and answer she was asked about the biggest challenges facing the Georgia Chamber of Commerce. Her answer was that the three major issues are: solving the state’s water problem, helping the state with it’s budget deficit, and finally transportation. Nothing was mentioned about the state’s soaring unemployment and growing business failures and closures (e.g., Stevens) which will add to the state’s unemployment picture. I was amazed but really not surprised. But disappointed.

Granted, the water problem needs to be addressed and solved. Like every other organization, the state needs to figure out how to manage its revenues during the economic downturn. And, we need to be thinking and planning on state wide transportation. But this unemployment picture is nearing a crisis. Officially there are close to 500,000 people unemployed in Georgia. The unofficial number is significantly more. If there is one thing that the leaders in the state need to be solving is unemployment. And from what I read, see and hear they’re not.

Leaders in our state need to have a real world top priority and right now that’s unemployment.