Quad/Graphics Promised $46 Million in Assistance to Create Up to 1,300 New Jobs

Governor Doyle announced that Quad/Graphics has been designated as an Enterprise Zone, and the state is providing the company with $46 million through the new Enterprise Zone tax credit program. Doyle has used the powerful Enterprise Zones credits to help retain and create jobs at Bucyrus, Harley Davidson, Mercury Marine, Republic Airways, ULINE, Marinette Marine, Oshkosh Corporation, and now Quad/Graphics.

Since learning of the state’s offer, Quad/Graphics has already created more than 250 new jobs in Wisconsin in a few months’ time. In addition, the company is looking to immediately fill 260 full-time and

160 part-time positions throughout its network of Wisconsin facilities. The jobs include a wide range of production, administration and managerial positions, all of which are posted on the company’s Website at www.QG.com. In total, the company employs more than 6,700 people statewide in full-time and part-time positions.

This project builds on Governor Doyle’s efforts to position Wisconsin for future growth. Since taking office in 2003, Governor Doyle has worked aggressively to create and retain jobs in Wisconsin. Governor Doyle’s budget last year created some of the strongest economic development tools in the nation to help businesses create jobs and get people back to work. Wisconsin now has powerful new tax credits to help manufacturers create and retain jobs, new tools to help investors create start-ups, and new incentives to spur research and development.

Source: Company press release.

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  • http://laurelaltman laurel altman

    If they were real jobs Quad/Graphics wouldn’t need millions of TAXPAYER dollars (otherwise known as “assistance). It’s shameful of them to take it and shameful of the government to provide it.

    Hopefully Governor Doyle is up for re-election and will get a message this Tuesday.

  • http://laurelaltman laurel altman

    OK, so NOW they’ve been designated as an empowerment zone??? And in January they spent 1.3 BILLION DOLLARS to acquire World Color?????

    Quad/Graphics, a U.S. commercial printing company, announced Tuesday that it plans to acquire Canadian rival World Color Press.

    Reuters reports the transaction is expected to be worth between $1.3 and $1.4 billion.

    Quad/Graphics notes on its Website that it is a “company with a soul” and “dares to think differently.” Its tagline is “innovation people driving print.”

    Quad/Graphics says that it uses industry-leading distribution means to “make print more immediate, more targeted and more relevant to the recipient than ever before.”

    Shareholders of World Color Press will get 40 percent of the combined company, Wall Street Journal reports.

    Incorporated on July 13, 1971, Quad Graphics has a long history of growth and innovation in the print field, and it is a recognized industry leader.

  • http://mikeiraci mike iraci

    It just seems typical that the large and powerful get larger and more powerful by the help of the government. What about the other printing companies in Wisconsin that are trying to survive. Quad is cutting out suppliers that normally did business with World Color before they where bought. What about the families of these people that may soon if not already be out of a job? Thanks Doyle for using our tax dollars to put my job in jeopardy.

  • http://Patricia Patricia

    Well, they call it “creating” jobs. Here in Tennessee where they CLOSED their plant and put nearly 1,000 people out of work, we call it destroying lives.

  • http://ClydeStory Clyde Story

    You people in WI. are as stupid as the people in CA. $46M to “quote” create 1300 jobs! That’s over $35,300.00 per job! And some of them are part time! I’m sure some of those people would be thrilled to make $35K + per year! This is done so that Quad can consolidate and expand? Make up your mind, you can’t do both at the same time, even with government money! Gov. you and your people have been hosed! But I guess you have to find fast ways to waste the taxpayers money. It is GOVERNMENTS way!