Two MN Counties Will Lose $24M in Labor Income When Quad/Graphics' St. Cloud Plant Closes
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The closure of Quad/Graphics, which will come in the next couple of weeks and put 280 people out of work, is expected to have a ripple effect that will result in the total loss of 475 jobs.
The loss of those jobs equates to almost $73 million in sales and more than $24 million in labor income annually in Benton and Stearns counties.
Those are the findings of an economic emergency report jointly prepared by University of Minnesota Extension and the St. Cloud State University School of Public Affairs Research.
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