Redruth-based print company Stralfors is to scale down its form printing business to focus more on its digital printing division.
It is expected that the restructuring will result in the loss of 32 roles, although ten new posts will be created in the transactional mail division.
Stralfors UK managing director John Carter explained: “Although the margins in the Forms market do not allow us to make a satisfactory return, we are having great success in our transactional mail business and have run out of production space at our Redruth factory.
“It therefore makes sense to reduce capacity by taking out some old presses and to concentrate on profitable business and solutions using new technology. While these actions will unfortunately mean some positions may become redundant, there will be opportunities created in other parts of the business.
“The Forms business now accounts for less than 20% of our revenue and makes no positive contribution to our profitability. Our vision for the future is clear. We believe we are extremely well positioned to be a premier provider of end-to-end solutions enabling businesses to communicate with their customers.”