14 staff axed as printer Bradley Group restructures to face headwinds
Printing company Bradley Group, the owner of Nicholson Bass, has announced a restructuring with around 14 job losses following pressures in the industry.
The group said that it is winding down premises on Limestone Road in north Belfast, and has already closed premises in Liverpool. The business, which also owns Quinnstheprinters.com, is now based solely in premises in Mallusk, with all the staff now coming under Bradley Group.
Quinnstheprinters.com trades online, while Nicholson Bass is the group's off-line trading business.
Peter Bradley, the managing director of the group, said: "In the current business climate we are battening down the hatches until we find out what's happening with Brexit.
"We buy a lot of stuff from Europe and we are seeing huge fluctuations in currency. We have got to protect the business as a whole."
And he said there was now more automation in the business after it invested in a new printing press, which he said had been "the most expensive in the country".
The business's workforce has now fallen from 75 to 61 people, he said.
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"It's not a decision that's been made lightly," Mr Bradley added.
"The price of raw material paper has gone up by around 35% over the last year-and-a-half with Brexit and the move against single-use plastics.
"We have to restructure as we don't seem to be able to pass on costs to customers, as it's just such a competitive market." Bradley Group acquired Nicholson Bass in Mallusk two years ago.
Nicholson Bass has been in business since 1938, starting out as a letterpress printer and a box maker.
That deal for Nicholson Bass followed Bradley Group's acquisition of Mannin Group and its Isle of Man-based site in February of the same year.