Quad/Graphics Investing $3 Million in Kentucky Plants
SUSSEX, Wis.—December 11, 2015—The state of Kentucky is getting a boost in the form of a $3 million expansion project by Quad/Graphics that will create 45 new full-time positions at plants in the cities of Franklin and Versailles, the Kentucky Cabinet for Economic Development announced.
Kentucky Gov. Matt Bevin revealed that the Versailles plant would see a $2.5 million investment and 20 new jobs, while the Franklin facility will reap an infusion of just under $500,000 and add 25 jobs. The Versailles operation specializes in book production while the Franklin shop churns out retail inserts.
“A company planning to grow its business in Kentucky is always great news," Bevin said in the release. "Quad/Graphics’ decision to simultaneously expand two of its plants in the commonwealth is even better. As Quad/Graphics looks to consolidate its operations across the nation, it speaks volumes about Kentucky’s overall work environment that the company chose to expand both its Franklin and Versailles plants. We look forward to ensuring that our partnership grows deeper and stronger in the years ahead.”
Joel Quadracci, Quad/Graphics chairman, president and CEO, said the investments were made to support the technology and talent needed to deliver cost-effective, innovative solutions to marketers and publishers.
"In Versailles, we are using new digital print technology to produce books on demand, bringing zero inventory and just-in-time delivery closer to reality," he said. "In Franklin, we have an advanced, cost-efficient platform for producing retail advertising inserts, among other products. Through these investments, we show our dedication to helping our clients achieve their business objectives.”