After four days of online educational sessions, panels, solution showcases, and networking, the 2020 Virtual Inkjet Summit concluded with key business takeaways and insights from Marco Boer, VP of IT Strategies, and Quad/Graphics Chairman, President, and CEO Joel Quadracci.
On this episode of The Week that Was, Editor-in-Chief Mark Michelson spoke with Joel Quadracci; Andy Paparozzi explored the reopening of the economy; and PRINTING United 2020 is expected to reunite and revitalize the industry.
I had the opportunity to speak on the phone yesterday with Yishai Amir, CEO of Landa Corp. and vice chairman of the Landa Group. We discussed Landa’s $505 million sales success at drupa, including its announcement of major wins with companies like Cimpress, Quad/Graphics and Imagine! Print Solutions.
Wednesday night, I watched my daughter, Kristina, graduate from eighth grade. Like every other parent there, I was filled with pride and amazed at how the years have melted away. Seems like only yesterday she was dragging her sippy cup and stuffed dog, named Old School, all around the house. What I missed at the office was a late afternoon missive from the Government Publishing Office (GPO), announcing a $750,000 settlement with Quad/Graphics.
Quad/Graphics Inc. and Baltimore-based Vertis Holdings have announced an agreement through which Quad/Graphics will acquire substantially all of the assets comprising Vertis' businesses for $258.5 million, which includes the payment of approximately $88.5 million for current assets that are in excess of normalized working capital requirements.
Quad/Graphics’ analysts are projecting that annualized co-mail volume will top 4.9 billion pieces in 2011. “We now have more volume, co-mail equipment and capacity than any of our competitors, but the key isn’t just size, it’s our unique co-mail optimization software that analyzes multiple cost components of the process to produce the maximum savings,” says Dave Riebe, Quad/Graphics’ president of Logistics and Distribution.