With publicly held companies on the 2010 Printing Impressions 400 reporting sales declines for their most recently completed fiscal years, pay levels for the principal officers at these large firms didn't necessarily follow suit. For most of the executives appearing here, their overall salaries were up significantly.
Printing Impressions launched a daily e-newsletter—Today on PIworld—as a way
to make it effortless for graphic arts professionals to remain current on the latest industry information, ideas and expert advice by bringing the content right to a subscriber’s e-mail in box. Presented here is a sampling of the most-read news, aggregated content and blog items from recent editions.
The Fredericksburg, VA plant encompasses approximately 165,000 sq.ft. and employs approximately 300 full-time and part-time workers. Customer work and most equipment will be consolidated into other QuadDirect facilities. “Today’s announcement is part of our ongoing plan to integrate operations following our acquisition of Worldcolor and will further strengthen the efficiency and competitiveness of our manufacturing platform,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics.
A man with a foreign accent taking photos of tankers parked near a chemical storage facility set off alarms Sunday night. Dodge County Sheriff Todd Nehls said his department issued a special bulletin to law enforcement agencies throughout the county after a man was spotted taking pictures of railroad tanker cars parked next to the chemical facility at Quad/Graphics in Lomira (WI).
“It could be nothing more than a railroad buff that saw the new railroad cars and wanted pictures of them. It could be very innocent, who knows?” Nehls said. “On the other hand, it could be something
SUSSEX, WI—Quad/Graphics Inc. is investing $20 million to expand its insert printing capabilities. The investment includes adding four retail offset presses to its Lomira, WI, facility, which will provide clients additional quick-turn production and rapid delivery of highly versioned, smaller page count advertising formats inserted into newspapers.
“Revenues were down slightly vs. the pro forma $1.24 billion due to lower volumes in the legacy Worldcolor business, contractual pricing inherited from legacy Worldcolor and continued pricing pressures from industry overcapacity,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics.“This was partially offset by increased volumes in the legacy Quad/Graphics business, as well as increases in paper and byproduct revenues.”
The investment includes adding two new 24-page offset web presses with gapless blanket technology and digital inking to its Lomira, WI, facility. Lomira has an established capability in retail gravure printing, and the addition of offset printing is strategically important to better serving the needs of national and regional customers for Midwest production and distribution.
SUSSEX, WI—Quad/Graphics Inc. has purchased HGI Co., a full-service, multi-faceted commercial and specialty products printer, building on the strategic partnership the two companies established earlier this year. The acquisition brings together HGI’s expertise in the commercial and specialty products segments with Quad/Graphics’ technology and innovation to provide quick turn, customized and value-added solutions on a global scale.
Building on the strategic partnership the two companies established earlier this year, HGI will now operate as a division of Quad/Graphics. Craig C. Faust will serve as the division’s president, guiding the profitable growth of commercial products and services, as well the company’s specialty products offering, including retail point-of-purchase (POP) displays.
Commercial printing industry news briefs, including items on Brown Printing, the Espresso Book Machine, RR Donnelley inkjet press, Quad/Graphics, Dartmouth Printing and others.
