Quad/Graphics plans to close a former Brown Printing facility on 11595 McConnell Road in Woodstock, IL, before the end of summer, resulting in the loss of about 550 employees, according to the Northwest Herald. The action is in addition to the closure of Quad's St. Cloud, MN, operation, which employs 280. That shutdown is also slated for this summer.
Quad/Graphics Inc. is closing its 280-employee printing operation on Mayhew Lake Road here at the end of the summer. The closure of this former World Color facility comes in the wake of Quad/Graphics' acquisition of Brown Printing, reported the St. Cloud Times.
The United States Postal Service (USPS) exigent price increase went into effect on January 26 of this year. Since then, there has been a great deal of discussion and debate as to whether or not the increase should be permanent. No matter the final decision, the timing of the 2015 CPI adjustment will likely be affected by the outcome of the debate so the USPS can avoid having to adjust prices more than once during the year.
We expect one price increase in 2015, and that should be the annual CPI adjustment (currently 1.471 percent). Only Congress could change that
The IDEAlliance Donald A. Mumma Award, the highest award of distinction in the mail preparation and processing arena, was presented to Howard Schwartz, executive director, distribution sourcing and postal affairs, of Condé Nast Publications during IDEAlliance’s Print Distribution Conference on May 6, 2014, in Clearwater, FL.
SUSSEX, WI—Quad/Graphics Inc. has announced the completion of its acquisition of Waseca, MN-based Brown Printing for a net purchase price of $100 million. Quad/Graphics used cash on hand and drew on its revolving credit facility to finance the acquisition.
Commercial Printing Industry News Briefs from Printing Impressions’ June 2014 edition, including HardingPoorman, Lithographix Inc., Brilliant Graphics, Graphic Edge Printing and Packaging, Kodak, Agfa and Heidelberg, First Edge Solutions, The U.S. Postal Service, Menasha Packaging, and Quad/Graphics.
Quad/Graphics Inc. has completed the acquisition of Brown Printing for a net purchase price of $100 million. Quad/Graphics used cash on hand and drew on its revolving credit facility to finance the acquisition. “As Brown’s employees and operations join our worldwide platform, Quad/Graphics is better positioned than ever to help magazine publishers and catalog marketers capitalize on the power of print and integrated media solutions to further drive results,” said Joel Quadracci, chairman, president and CEO.
SUSSEX, WI—Quad/Graphics Inc. and Waseca, MN-based Brown Printing jointly announced that the waiting period for antitrust review of the proposed combination of the two companies under the Hart-Scott-Rodino Act expired on May 19, with no action taken by the Federal Trade Commission.
Quad/Graphics Inc. and Brown Printing can now move forward with their proposed sale agreement, as the waiting period for antitrust review of the proposed combination of the two companies expired at 11:59 p.m. on Monday, May 19, with no action taken by the Federal Trade Commission.
Dave Blais, executive vice president of Global Procurement and Platform Strategy at Quad/Graphics Inc., is being honored as a 2014 Gravure Person of the Year by the Gravure Association of the Americas (GAA). The award recognizes Blais’ many contributions to the advancement of the gravure industry including his long-standing support of education and training for future print industry leaders.
