National
Envelope, privately held by Gores Group, filed for Chapter 11 bankruptcy
protection on Monday, according to media reports.
The
goal is to sell the company, possibly to rival envelope leader Cenveo, the Wall
Street Journal said. Gores Group acquired National Envelope out of bankruptcy in 2010.
The company will consider filing a plan of reorganization or selling its assets to the highest bidder at a bankruptcy court-overseen auction.
National Envelope reports having 2,200 employees at eight production facilities in seven states.
