HGI Teams Up with Quad/Graphics
SUSSEX, WI—HGI Co., a Burlington, WI-based commercial printer, and Quad/Graphics, one of the world's largest catalog, magazine, retail insert and direct mail printers, have entered into a strategic partnership to provide clients with an enhanced product and service offering on a global scale that is fast, flexible and meets rapidly evolving needs in a changing marketplace.
Under the partnership agreement, Quad/Graphics will purchase a minority interest in HGI, providing HGI with additional financial resources to continue its aggressive investment and product diversification strategy, and to further its goal of enhancing, expanding and replicating its commercial platform across more geographies. Craig Faust will retain majority ownership of HGI and will continue to lead the company as its president and CEO.
Through this partnership, HGI will leverage and benefit from Quad/Graphics' technology, which includes a stable of high-speed, high-resolution digital presses, some with inline finishing capabilities; economies of scale and efficiencies, especially through Quad/Graphics' logistics services; comprehensive digital imaging services; extensive data and strategy services for leveraging customer intelligence to create personalized marketing programs; and a substantial geographic footprint, which spans the United States and includes Europe and South America.
Through HGI, Quad/Graphics will be able to offer its clients a resource for all their quick-turn commercial printing needs, including in-store/point-of-purchase (POP) materials; marketing collateral; short-run books, catalogs and directories; print-on-demand custom publications; and specialty binding. Both entities will share best practices in manufacturing, management, customer service, procurement and more.