Wisconsin Pledges $46M for Quad/Graphics Retention, Expansion
11/01/2010
"We are pleased to be bringing jobs to Wisconsin and building on the strong foundation we already have in place," said Joel Quadracci, chairman, president, and CEO of Quad/Graphics. "With our recent acquisition of Worldcolor, we are moving quickly to consolidate plants to create the most modern and efficient manufacturing platform. To that end, we are moving client work into our most efficient facilities. While we have many options on where we can place the work, a key factor for Wisconsin receiving the most significant portion is Governor Doyle's commitment to helping us retain and grow jobs."
The company will restart equipment it shut down in 2009. The state has designated Quad/Graphics as an Enterprise Zone, and it will receive the funds through Wisconsin's Enterprise Zone tax credit program.
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