GREENVILLE — Greystone Print Solutions is consolidating with Foremost Graphics LLC and will be leaving Greenville to operate out of a Walker location.
The name of the two companies will now be Foremost Communications.
Greystone Print Solutions printed primarily books, magazines, catalogs and promotional materials.
Merlin Buhl, owner of Greystone Print Solutions, said the consolidation took place Feb. 1 and most of the relocating has already taken place.
“Combining the strengths and product offering of both organizations will enable the new Foremost Communications to provide their clients relevant, cutting-edge communications vehicles from inspiration to results and all steps in between,” stated a press release on Foremost Communication’s website.
Buhl said Greystone Print Solutions had 27 employees at the time of consolidation.
“Some (employees) chose not to make the move with us,” Buhl said. “Many came with us.”
Overall, about 20 employees made the move to Foremost Communications, said Buhl, while five employees chose not to. Two other employees wanted to make the move, but Foremost Communications was unable to offer them a position.
According to the press release, Foremost Communications will employ a total of 85 people and plans to add “several more” positions over the next year.
In 2007, the Greenville City Council unanimously approved a 12-year, 50 percent tax break for Greystone Print Solutions on a $354,808 investment for new equipment. The tax break was to save the company $54,609 over 12 years, including $14,263 from the city.
City Manager George Bosanic said the city gave Greystone Print Solutions a tax abatement based on the agreement the company would stay in Greenville and supply jobs. Bosanic said because Greystone Print Solutions was only five years into its 12-year agreement, the city will be getting back a percentage of the money through a clawback, money or benefits that are distributed and then taken back as a result of special circumstances.
After learning about the consolidation, Bosanic said he sat down with Buhl to gather information.
“I tried, but it was very difficult to convince (Greystone Print Solutions) to stay in Greenville,” Bosanic said.
After communications between City Manager George Bosanic and Greystone Print Solutions Plant Manager Mark Potter, a meeting was not set to explore options of staying. This information was incorrect in the article “Printing company leaving Greenville” in Friday’s edition of The Daily News.