However, Barringtons of York is not out of the woods yet, as a meeting on Monday (20 December) will confirm if the council intends to fund the purchase of the site by York Museum Trust.
The Trust outbid Technoprint for the site, which Barringtons leases, and plans to use it as a storage facility. It already owns the building next door, which is also used to store artefacts.
A £525,000 loan from the council was agreed to fund the purchase, leading Technoprint managing director Mark Snee to lash out at the council for its lack of support for the manufacturing sector.
Snee made an impassioned plea for the council to pull the funding at a meeting last Thursday (9 December) as 15 jobs would be lost at the plant, as well as threatening four other jobs at its sister site Sessions, which Snee planned to merge with Barringtons in 2011.
He told PrintWeek: "Nobody had told the councillors the full story regarding Barringtons and I think some of them were in shock when the story PrintWeek ran was passed on to them and when I stood up at the meeting."
Technoprint's Barringtons of York site gets reprieve as site buy delayed
Commercial printer Technoprint has been given a glimmer of hope that its York subsidiary will not be closed after funding from York Council to buy the facility was postponed following PrintWeek coverage and a plea by the managing director.