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Ongoing financial challenges, made worse by the pandemic, have prompted big changes for the United Methodist Publishing House. The self-supporting agency has sold its Nashville, Tennessee, campus (pictured here) to a Chicago real estate firm, and has transferred the assets and management of a pension fund to Wespath Benefits and Investments. File photo by Mike DuBose, UM News.

Publishing House moves pension plan, sells campus

The United Methodist Publishing House, hard hit by the pandemic, has finalized some planned changes, including the sale of its Nashville property and transfer of a pension plan to Wespath.

General Church

The parking lot of the United Methodist Publishing House in Nashville, Tenn., stands mostly empty on Monday, Dec. 14, 2020. Employees have worked remotely during the COVID-19 pandemic. The health emergency also has caused Publishing House revenues to drop, prompting layoffs and a decision to put the headquarters up for sale. Photo by Mike DuBose, UM News.

Publishing House among pandemic victims

With church buildings closed due to COVID-19, the United Methodist Publishing House has seen sharply lower sales and had to take severe cost-saving steps.

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