The Union Democrat’s distribution/circulation facility is set to be sold as early as next week, according to a March 1 article published by the East Oregonian, a daily newspaper based in Pendleton, Ore.
The Sonora-based paper’s parent company, Western Communications Inc., in Bend, Ore., filed for bankruptcy in January. The filings for the bankruptcy proceeding are for a total of $29.2 million.
The distribution facility has been closed since last month.
The company is selling property and buildings during bankruptcy proceedings, the Oregonian reported.
“Albert Kennedy of Portland, lead attorney for Western Communications, told the court the sale of the company’s building in Sonora could close next week for about $1 million, which will go to Sandton Credit Solutions, a major creditor,” the article reads.
A representative from the office of Tonkon Torp LLC, the legal firm representing Western Communications Inc. in the bankruptcy filing, was able to confirm that an offer has been received for the warehouse building on Camage Avenue in Sonora.
The company publishes seven papers across the Pacific Northwest.
The Union Democrat is a wholly owned subsidiary of Western Communications Inc.
Covering Tuolumne and Calaveras counties, the newspaper reaches about 25,000 readers per day, according to its website.
Editor Lyn Riddle confirmed with the Enterprise Wednesday that the building on Camage is being sold, as the paper is now printed in Sacramento.
“We have leased a circulation/distribution facility to make sure our readers get their Union Democrat in a timely and efficient manner each morning,” Riddle said.
There has been no confirmation as to whether Western Communications is seeking to sell the local newspaper.