SOURCE: Quad/Graphics

Quad/Graphics

November 08, 2010 15:54 ET

Quad/Graphics to Expand Industry-Leading Retail Insert Printing Platform

Printer to Invest $20 Million in New Midwest Retail Insert Offset Location

SUSSEX, WI--(Marketwire - November 8, 2010) -  Quad/Graphics, Inc. (NYSE: QUAD), a leading printer of retail advertising inserts in North America, announced today it is investing $20 million to expand its insert printing capabilities in the Upper Midwest. The investment, which includes adding four retail offset presses to its Lomira, Wis., facility, will give clients additional quick-turn production and rapid delivery of highly versioned, smaller-page-count advertising formats inserted into newspapers.

"Advertising inserts continue to provide high marketing ROI by driving store traffic while also serving as an effective complement to online, mobile and other marketing efforts," said Joel Quadracci, Chairman, President & CEO of Quad/Graphics. "Our investments in Lomira reinforce our commitment to help retailers use the power of print to succeed in a competitive marketplace. Now, with high-quality offset and gravure capabilities near every major retail market in the United States and Canada, our geographic presence and process footprint spans the continent."

The presses being installed in Lomira consist of both new and existing presses, including two new 24-page presses with gapless blanket technology and digital inking for premium print quality at high speeds. Lomira has an established capability in retail gravure printing, and the addition of retail offset printing is strategically important to better serving the needs of national and regional customers for Midwest production and distribution. The equipment will start up in mid-2011.

Brian Freschi, President of Quad/Graphics' Retail Inserts, Books, Directories and Canada operations, said the investment supports growing retail customer demand across North America for more versioning and faster production. "Our expanding retail offset network is ideal for quick, cost-effective versioning in smaller page counts," he said. "This gives our retail clients additional flexibility, better speed-to-market and improved distribution efficiencies."

Freschi said the retail offset improvements are expected to help Quad/Graphics grow its business in the grocery, dollar store, sporting goods and related retail markets that helped pioneer the trend to more versioning and speed in retail insert advertising. He also noted Quad/Graphics' recently announced investment in its Canadian retail insert printing platform underscores Quad's continuing commitment to leadership in the North American insert market. 

In addition to its industry-leading print platform, Quad/Graphics offers unique, robust multichannel marketing solutions that help retailers extend a consistent brand message across multiple print communication channels, and then integrate those channels with other forms of media, such as the Internet, mobile technologies, digital editions and digital tablets. The printer's comprehensive multichannel services range from marketing strategy, data analytics, creative concept and photography, to workflow tools for automating retail insert page production and creative digital and print outputs, including email, digital editions, retail inserts, direct mail, catalog and, with its recent acquisition of HGI Company, large-format signage and in-store / point-of-purchase (POP) displays.

Forward-looking statements
To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, Quad/Graphics' objectives, goals, strategies, beliefs, intentions, plans, estimates, prospects, projections and outlook, and can generally be identified by the use of words such as "may", "will", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe" or "continue" or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements.

These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of Quad/Graphics. These risks, uncertainties and other factors could cause actual results to differ materially from those expressed or implied by those forward-looking statements. Such risks, uncertainties and other factors that may impact Quad/Graphics include: unexpected costs or liabilities related to the recently completed acquisition of World Color Press Inc., including the effects of purchase accounting that may be different from Quad/Graphics' expectations; Quad/Graphics may be unable to achieve the estimated potential synergies expected from the acquisition or it may take longer or cost more than expected to achieve those synergies; failure to successfully integrate the operations of Quad/Graphics and World Color Press; changes in industry conditions, such as the competitive environment for companies in the printing industry; regulatory and litigation matters and risks; legislative developments or changes in laws; changes in macroeconomic conditions in the countries where Quad/Graphics operates, including the impact of such conditions on future volume and pricing; the impact of fluctuations in interest rates, commodity prices and foreign exchange rates; the effects of changes in political conditions and developments in the countries where Quad/Graphics operates; and the effect of accounting pronouncements issued periodically by standard-setting bodies. 

Quad/Graphics cautions that the foregoing list of risks, uncertainties and other factors is not exhaustive and you should carefully consider the other factors detailed from time to time in Quad/Graphics' filings with the United States Securities and Exchange Commission and other uncertainties and potential events when relying on the company's forward-looking statements to make decisions with respect to Quad/Graphics.

Because forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on such statements, which speak only as of the date of this press release. Except to the extent required by the federal securities laws, Quad/Graphics undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Quad/Graphics
Quad/Graphics (NYSE: QUAD) is a global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. Headquartered in the United States in Sussex, Wisconsin (just west of Milwaukee), the company has approximately 28,000 employees working from locations throughout the United States, Canada, Latin America and Europe. As a printing industry innovator, Quad/Graphics (www.QG.com) is redefining the power of print in today's multimedia world by helping its clients use print as the foundation of multichannel communications strategies to drive their top-line revenues.

Contact Information

  • Investor Relations Contacts:
    Barb Bolens
    Director of Investor Relations
    414-566-4959
    IR@qg.com

    Media Contact:
    Claire Ho
    Director of Corporate Communications
    414-566-2955
    Claire.Ho@qg.com