Former site of Colortree Group Inc. at 8000 Villa Park Drive in Henrico
Tulsa, Oklahoma-based marketing conglomerate Moore DM Group will invest $31 million in reopening the Henrico County printing plant formerly operated by Colortree Group Inc., which abruptly went out of business in June, leaving 240 employees out of work. The new plant will be run as Richmond Print Group, a subsidiary of Moore DM Group.
Richmond Print Group will prioritize hiring those impacted by the June 2019 layoffs, creating 239 jobs, Gov. Ralph Northam announced Tuesday.
Moore DM Group includes 33 companies with more than 2,500 employees in marketing and media. The company, which also has a direct mail operation, will purchase and install all-new equipment in the former Colortree facility in order to discontinue outsourcing its envelope production.
