Chromebooks recently gained the experimental ability to print to local printers with the release of Chrome OS Version 57 to the stable channel. That’s great news if you want to use a Chromebook with network printers that don’t support Google Cloud Print. Local printing also allows you to print when your internet connection is down or when you’d prefer to not use Google Cloud Print.
I just tried this with my Chromebook running ChromeOS 59 (Beta channel), and it worked well. The process of setting up the printer was not easy, but hopefully it will get easier.
Also, I couldn’t find any way to manage this in the G Suite admin, so right now, this is more of a solution for individually owned Chromebooks.