Quad to Invest $13M in New Division
SUSSEX, WI—Quad/Graphics Inc. announced that it has created a new Commercial and Specialty print division that combines recently acquired HGI Co. operations in Burlington and Menomonee Falls, WI, with the commercial and book operations in Enfield, CT, and Leominster, MA. Quad/Graphics purchased the Enfield and Leominster plants earlier this year as part of its acquisition of Worldcolor.
In addition, the company will invest $13 million in equipment and facility expansions in 2011 for the commercial and specialty platform. The investment includes the addition of digital and conventional presses with capabilities for short- to medium-run commercial work, as well as specialty printing, such as large-format in-store signage and displays.
“Our new Commercial and Specialty offering complements our leading retail insert, direct mail, book, directory, magazine and catalog operations,” said Joel Quadracci, chairman, president and CEO of Quad/Graphics. “Through our investment in HGI and its Tempt in-store marketing promotions unit, we have broadened our services to all types of marketers and publishers, and positioned our company for future growth.”
Quad/Graphics’ Commercial and Specialty platform specializes in quick-turn and transactional commercial products such as marketing collateral; print-on-demand custom publications; short-run books, catalogs and directories; specialty binding; and in-store/point-of-purchase (POP) materials.