HGI Co. and Quad/Graphics Enter into Strategic Partnership
"We are proud to be partnering with an aggressive, forward-thinking company like HGI, which shares our same commitment to advancing the effectiveness of print in a multi-channel media world," said Joel Quadracci, Chairman, President & CEO of Quad/Graphics. "Craig and his management team have expertly guided the strategic growth of HGI, assembling a group of distinctively branded companies that serve diverse but complementary markets, and that provide an incredible range of commercial print services. Our investment will serve as an important springboard to its growth."
Quadracci further expounded on the advantages of the partnership. "Quad/Graphics has long advocated the advantages of 'multi-channeling print' and now with HGI we have more channels than ever," he said. "It's advantageous to use many different forms of print communication to connect with customers and to connect them with other forms of media, such as the Internet or mobile technologies. We can easily apply data to create customized print pieces that resonate with the recipient and drive measurable response. In this multi-channel media world, multi-channeling print really works. It's strong and getting stronger all the time."
"The timing of this partnership couldn't be better for HGI or Quad/Graphics or the industry," Faust concluded. "We have a solid vision for the future of print, and this partnership will spur the creation of the most complete, innovative and cost-effective commercial platform in the print industry."
About HGI Co.
HGI (www.hgicompany.com) is comprised of four operating divisions – Hi-Liter Graphics, Plus Digital Print, Inland Graphics and Tempt. HGI is a full-service multi-faceted commercial printing, grand format, binding and distribution corporation. HGI produces a wide range of catalogs, publications, books, marketing collateral and POP materials for some of the country's largest corporations, agencies and publishers. Capabilities – combined with flexibility, excellent service and a commitment to providing value to customers – have differentiated HGI in today's competitive print markets.