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Article: PBL presses on with printing centre plan.
- Article from:
- Australasian Business Intelligence
- Article date:
- April 20, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Neil Shoebridge
Apr 20, 2009 (The Australian Financial Review - ABIX via COMTEX) -- PBL Media is pursuing its plan to establish its own printing operation for ACP Magazines. The printing and distribution centre is estimated to cost $A50 million. PBL's $A3.8 billion of debt and the decline in media advertising markets have led to speculation that the plan has been dropped. However, this was refuted by PBL CEO Ian Law.
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