About Printcrafters Inc.
The Printcrafters Group of Companies was placed in receivership by Ernst & Young Inc. on April 6, owing the Royal Bank of Canada close to $4.5 million, plus about $2 million to Xerox, $1.2 million to CIT Financial and more than $2 million to unsecured creditors, including the Receiver General of Canada.
The company was owned by Bob Payne, formed in 1996 and now unfortunately 125 plus people are out of work. It was anticipated by the receiver that there would be no funds available for unsecured creditors.
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1-10 employees
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Printing
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CA
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1996
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