Gruner + Jahr Extends its U.S. Printing Capacity by Investing $38 Million in its Brown Printing Subsidiary

HAMBURG, GERMANY—July 13, 2007—Gruner + Jahr’s American offset printing subsidiary, the Brown Printing Company (BPC) is celebrating its 50th anniversary on July 13 in Waseca, Minnesota. In the lead-up to the anniversary, the G+J executive board has approved a $38 million investment in expanding the BPC plant in Woodstock, IL, to increase BPC’s capacity. The money will be used among other things to buy a two-web 64-page offset press, an adhesive binder, a gang-stitcher and a new building annex. The new production facilities are scheduled to take up operation in summer 2008.