Herzlias 1,000 staff could move in two to three years. A Creo spokeswoman said: We believe that this will reduce costs in the long term.
Herzlia manufactures Lotem platesetters, Dolev imagesetters, iQsmart and EverSmart scanners, Leaf digital camera backs, Brisque and PS/M workflows and Spire colour servers. It also makes the engines for the KBA Karat 74 digital press.
The move will not impact on Creos manufacturing operations in Canada.
Have your say in the Printweek Poll
Related stories
Latest comments
"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
Up next...

Short-grain 48pp Lithoman still in situ
Walstead closes York, but still hopes for reprisal

No power or software needed
Tech-ni-Fold innovates with new web creaser

Start-up starts printing
Wolf & Flower blossoms following first Mimaki install

Revoria PC1120 installed