Commercial Printing Industry : Year in Review

In a later announcement, Quad/Graphics closed a plant in Quebec and reduced its Canadian workforce by more than 300 in an effort to create a more efficient, flexible manufacturing platform. The printer also announced that it was investing $23 million in its infrastructure over the next year.

On a plus note for printers investing in equipment during 2010, President Obama signed into law the Small Business Bill H.R. 5297, which temporarily extended bonus depreciation and increased the small business expensing limit. This enabled printers to take advantage of the 50 percent bonus depreciation deduction on new equipment purchased and placed into service during 2010. The law also increases the small business expensing limit to $500,000.