Wednesday, November 13, 2013

End of an Era

After 39 years in business, Summit Solutions is closing its doors. "Summit has been an integral part of ABARTA for two generations," said Charlie Bitzer, COO. "It's unfortunate that the new business model developed and introduced over the past two years did not succeed as we had hoped."

Two other important developments also led to this decision. First, some of Summit's traditional purchasing responsibilities have been replaced by participation in large purchasing cooperatives whose leverage in the marketplace far exceeds ours. Second, the recent sale of the Press of Atlantic City resulted in a complete exiting of the newsprint business.

Summit will retain a few employees for a short time to help manage the transition with customers and vendors.