Evans printing company becomes Quad/Graphics

A year ago, it was known as Quebecor World. Then the company changed its name to WorldColor Press.


This week, the Evans commercial printing plant at 4301 Evans to Locks Road became known as Quad/Graphics.

Wisconsin-based Quad/Graphics Inc. completed its merger with World Color Press Inc. last week and became a publicly traded company this week.

The future of the Evans facility probably has been determined, but the company isn't releasing that information yet. Quad/Graphics spokeswoman Claire Ho said Friday that the company is still "reviewing its plans."

"We've been planning the integration of the two companies for the past several months and will begin implementing those plans soon," Ho said. "As far as specific information, we have not yet released any details."

The merger, valued in media reports to be $1.3 billion, took more than six months to close.

Worldcolor shareholders received about 40 percent of the combined company's shares.

The new company raised $980 million during its initial public stock offering Tuesday, trading on the New York Stock Exchange under the ticker symbol QUAD.

The merged company, with headquarters in Sussex, Wis., is the second-largest commercial printer in North America, behind Chicago-based RR Donnelley & Sons.

It has approximately 28,000 employees working in 80 facilities in North America, Latin America and Europe.

The Evans plant employs more than 500 people and prints advertising inserts and mail-order catalogs, such as Victoria's Secret.


Thu, 07/27/2017 - 23:42

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