Quad/Graphics : An Affair to Remember
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Erik Cagle
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Viewed up close, the savior spin may be difficult for some to swallow. After all, no sooner had the July 1, 2010, completion of the mega-deal became official then the wheels were set in motion to begin the integration process. In the 10 months since closing, 4.3 million square feet of manufacturing space has been eliminated. Nine plants have been shuttered. A net total of roughly 3,000 positions have been eliminated. Only 10 other printers on the PI 400 industry ranking have as many as 3,000 employees. The entire integration process is expected to take 24 months.
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- Companies:
- Quad/Graphics
- Quebecor World
E
Erik Cagle
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