Citing declining print volumes, Quad/Graphics to close three more plants - Global Paper Money

Click here for Pulp & Paper Radio International

The Paperitalo Library

The Paperitalo Library

White Papers/Downloads

PM 40 Companies

Cellulose Community

Paperitalo Resources

Paperitalo Supplier Directory

onlyPulpandPaperJobs.com

The Paperitalo Library

Inside PaperMoney

Paperitalo/Media Kit

Nip Impressions

Departments

Disconnected Comparisons

Insider Trading

Current News

Culture & Marketing

Corporate Finance

Labor & Union Actions

Major Expenditures

Market News of Note

Mergers & Acquisitions

Major Announcements

Operations Announcements

Facility Closures/Reductions

In Closing

Reference Library

AM Best Insurance News

Delaware Chancery Court

Fiduciary Developments

ICC News and Proceedings

Key Interest Rates

WTO News and Proceedings

Member Options

About Paper Money

Citing declining print volumes, Quad/Graphics to close three more plants

SUSSEX, Wisc. (From news reports) -- Quad/Graphics Inc. will close three more commercial printing plants -- idling 650 employees.

The Sussex-based company cited "volume declines" for closing the plants in Oklahoma City; Nashville, Tennessee; and Fernley, Nevada.

The company attributed the decreased volumes in part to "an already challenging retail environment" that has been exacerbated by the Covid-19 pandemic.

Quad/Graphics' commercial printing revenue for the nine months ending Sept. 30 was down 29% to $1.59 billion compared with $2.25 billion in the same period of 2019.

Earlier this year, Quad closed four plants and eliminated 1,100 jobs. Those plants were in Taunton, Massachusetts; Charlotte, North Carolina; Portland, Oregon; and Riverside, California.

The company previously ran two plants in Riverside and consolidated them into one facility.

Quad continues running Wisconsin plants in West Allis, Sussex, Hartford, Lomira, Pewaukee, Burlington and New Berlin. Quad said work performed in the plants that are closing will be consolidated into other locations, including those in Wisconsin.

The Oklahoma City plant has the most employees of the latest group at 400 and will close in March 2021. Quad opened the plant in 2003 and it produces magazines, catalogs and retail advertising inserts.

The Nevada plant has 75 employees and will close in January 2021. The plant specializes in retail advertising inserts.

The Nashville plant will close in April 2021 and has 175 employees and also specializes in retail advertising inserts.

Readers, please tell your suppliers that you read Paperitalo Publications

Related Articles:

International Paper cutting about 650 jobs, 400 in Memphis

International Paper facility will close, cut 115 jobs in Cleveland, Tennessee

International Paper closing Statesville, N.C. facility, 74 to lose jobs

Quad Enters into Definitive Agreement to Sell the Majority of its European Operations to Capmont

International Paper announces closure of Georgetown, South Carolina mill

International Paper to close Kansas City, Missouri facility

January closure set for Quad Graphics Printing plant in Waukee, Iowa

San Antonio International Paper facility to shut down, lay off 89 employees

Mondi announces closure of Stambolijski paper mill following fire

UPM Fibres plans measures to safeguard profitability and starts change negotiations in Finland

Login and voice your opinion!

Our Sponsors

Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)

Copyright Statement | Privacy Statement | Terms of Service

Powered by Bondware

News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: