The move, announced last month, has been subject to a detailed consultation process at Flint Group’s Transfer Media facility in Dundee, including a series of meetings with union and staff representatives.
A spokesman said the company was still in negotiations with employees and officials on the closure date.
Vice president and general manager of Flint Group’s Print Media Europe division Tony Lord said: “This is a very sad day for all of us, everyone has pulled together over the past few weeks to see if another option could provide a sustainable future for the facility.
"However, it is an extremely challenging marketplace at present, especially when established national newspaper groups such as the Independent announce a move entirely away from print to online.
“Now a decision has been finalised, the consultation process will enter discussions on enhanced redundancy packages, as well as how we can best support our employees, working closely with partners such as Pace to provide career support and re-training opportunities.”
Flint Group’s transfer media will now be made in the US. The company said the supply chain would continue to run as normal and the closure would not affect European lead times.
Worldwide Flint Group employs around 6,800 people and recorded sales of €2.1bn in 2014. According to the company, it is either the top or number two supplier in every major market segment it serves.
