Quad/Graphics Shuttering Loveland, Colorado Plant, 137 Jobs Lost
LOVELAND, Colo.—September 1, 2015—Quad/Graphics plans to close its facility here by the end of October, leaving 137 workers without jobs, BizWest reported. The company informed employees of its plan last Thursday.
Quad spokesperson Claire Ho told BizWest that it would begin stepping down operations at the 170,000-square-foot plant—acquired during the 2010 acquisition of Worldcolor—immediately. A smaller location in Boulder that provides mainly IT functions will not be impacted.
The Loveland facility mainly produces telephone directories and the work will be parsed out to other Quad locations. Ho said the company would hold a career fair at Loveland later this month for employees to explore transfer opportunities. Those who are not placed within the Quad network will receive severance packages.
“Decisions like this are never easy,” Ho told BizWest. “This is a straightforward business decision necessary to the company’s ongoing efforts to create the strongest, most competitive platform for serving customers long into the future. It is important to note that the plant is not closing because of performance or quality issues. Our Loveland employees have served our clients well."
The original story from BizWest can be found by clicking here.