Quad/Graphics Awarded $1.1 Billion Contract Renewal From Time I
Mr. Quadracci noted that because Quad/Graphics has chosen to grow its manufacturing operations organically throughout its 35-year history, "each of our plants is identically equipped and run, delivering consistent, streamlined service to multi-plant customers like Time Inc."
Quad/Graphics' relationship with Time Inc. spans more than 20 years. In addition to the 22 titles covered under the new agreement, Quad/Graphics also prints a significant portion of LIFE magazine and all of InStyle magazine under separate agreements.
Sussex, Wis.-based Quad/Graphics is the nation's largest printer of weekly magazines and the world's largest privately held printer of magazines, catalogs, direct mail and other commercial products. It has 12,000 employees worldwide and boasts annual sales of $1.9 billion.
About Time Inc.
Time Inc. is the world's largest magazine publisher, publishing 134 regular-frequency titles with 300 million readers. Time Inc. is a wholly owned subsidiary of Time Warner Inc., the world's leading media and entertainment company, whose businesses include filmed entertainment, interactive services, television networks, cable systems and publishing.