Apr. 18, 2005—TanaSeybert, New York City, gave further details about its previously announced change of residence and consolidation, at a media briefing on April 5, at Tanagraphics’ current location.
The owners of the company, formed in 2004 by the consolidation of Tanagraphics Inc. and Seybert Nicholas Printing Group L.P., announced that the relocation to the building they purchased at 525 West 52nd Street will begin next month.
The firm currently operates from two locations on the West Side. The phased move to the seven-story, 140,000-sq.-ft building is expected to be complete by late summer.
As part of the move, TanaSeybert will acquire the print manufacturing assets of United Envelope Co. and add its three presses to the operation, bringing total capacity to 16 presses.
The owners emphasized that the strategy behind the relocation and expansion was driven by a desire to stay physically close to TanaSeybert’s customers in the $14.2 billion New York City Metro printing market. According to Chairman David Jurist, customers hailed TanaSeybert’s decision to remain in Manhattan. “They love the fact that they don’t have to fight the bridges and tunnels at four in the afternoon.”
Eric Bernstein, managing partner, praised the new building in terms of its efficiency as a manufacturing site. He said its spaciousness will enable TanaSeybert to operate all of its presses on one floor. He also said the bindery will be on the second floor and that shipping and storage space are ample. Other floors will house TanaSeybert’s Digital Now digital printing division and its new prepress center.
He added that New York City’s economic development agencies helped tremendously with property tax breaks, moving expense reimbursements, and other incentives that the firm earned by keeping nearly 400 jobs in the city.