Active Quad/Graphics Acquires HGI Co.

HGI, the Burlington, WI-based printer that registered early $44 million in sales this year, will operate as a division of Quad/Graphics. Quad had purchased a minority stake in HGI last february, with majority ownership retained by Craig Faust.

Faust will serve as the division’s president, guiding the company's production of commercial products and services, including short-run books, catalogs and directories; marketing collateral; print-on-demand custom publications; and specialty binding. He will also oversee the advancement of the company’s specialty products offering such as retail point-of-purchase (POP) displays and materials through its Tempt brand.