Quad/Graphics Reports Flat Sales, Details Plant Closures
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In addition, the company expects to complete the closure of Worldcolor's Montreal headquarters by the end of 2010, which will result in the reduction of approximately 100 administrative positions.
“We spent a significant amount of time preparing for this extremely complex integration and we were ready to go from the start,” Quadracci said. “At the same time, our focus remains on serving our customers and ensuring their work is produced without disruption throughout this transition. We have been pleased by our customers' favorable response to the acquisition and have been successful at retaining business with no significant loss of work.”
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