The Scarborough printer was one of the town's biggest employers
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Printing company Polestar Greaves is closing its finishing and bindery factory in Scarborough, with the loss of almost 200 jobs.
The plant remained open when the firm closed the printing department in Scarborough in April and 190 staff lost their jobs.
But Polestar Greaves said the site was no longer needed after it had invested in new technology.
A further 190 people will lose their jobs when the factory shuts in January.
Catherine Hearn, chief operating officer, said: "The Ferag finishing lines we have acquired recently give us the opportunity to relocate finishing from Greaves to our other print sites, thereby improving efficiency and reducing transportation."
The firm said it had started a period of consultation with local union representatives.
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