Nationwide Sells McQuiddy; Facility Closed
NASHVILLE, TN—McQuiddy, a Nationwide Argosy Solutions company and a staple of the business community here for more than 100 years, has been sold to Geographics Inc. of Atlanta, according to The Tennessean. McQuiddy employees were informed of the sale last week and its 83,000-square-foot plant was being auctioned off online.
The newspaper said that most production workers and all but eight salespeople had been laid off. The catalog, magazine and direct mail production done at McQuiddy will be transferred to Geographics' Atlanta facility.
McQuiddy Printing was started by J.C. McQuiddy in 1903 and remained a family-owned firm for three more generations until it was sold to Master Graphics in 1988. Nationwide assumed management of McQuiddy in 2001 after Master Graphics filed for bankruptcy, The Tennessean reported.
The last family members involved in the business, David and Webb McQuiddy, left the company earlier this year, the paper said.
Houston-based Nationwide Argosy now consists of six companies: Franklin Dodd Communications of Hialeah, FL; Jones Co. of Chattanooga, TN; Offset Atlanta; Page International Communications of Houston; and The Whitley Group of Austin, TX.