Evans printing company becomes Quad/Graphics

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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.

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JackBootedThug
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JackBootedThug 07/09/10 - 01:05 pm
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Don't forget W.F. Hall

Don't forget W.F. Hall Printing Co and Krueger Ringier. This place has had more names than Lebron James had viewers last night...

disssman
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disssman 07/09/10 - 04:58 pm
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I had a family member who

I had a family member who worked there years ago when it was a different name. The first document they wanted him to sign was notification that the mention of the word "union" was grounds for termination. I wonder if the emp[loyees were able to carry over their sick and vacation days, or were they zeroed out and employees forced to re-apply for their positions?

corgimom
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corgimom 07/09/10 - 05:30 pm
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Countyman, I think you're

Countyman, I think you're going to see some job loss here. You know, like Kennametal. And Electrolux. And Husqvarna.

But according to you, there hasn't been any job losses. The 15,000 jobs that were lost in the Augusta metro since the recession started (and that's according to info provided by the GA Dept of Labor and printed in the AC) are just minor inconveniences to you, right?

corgimom
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corgimom 07/09/10 - 05:32 pm
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Disssman, when a new company

Disssman, when a new company comes on board, no, the new company cannot legally bridge employees from the acquired company unless everyone, company-wide, in that wage class is bridged- to do so would be discriminatory to existing employees. They start from scratch, as does any new hire.

walrus4ever
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walrus4ever 07/09/10 - 05:49 pm
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Any CEO statement with

Any CEO statement with buzzwords such as " achieving the synergies" makes me see longer lines at the Dept of Labor. When TRW sold out to Greenfield the workplace quality spiraled downward consistantly.

kidzap
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kidzap 07/09/10 - 07:24 pm
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A ANOTHER PLANT WHERE

A ANOTHER PLANT WHERE EVERYONE WILL LOSE THEIR JOBS.

georgiadiva
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georgiadiva 07/10/10 - 02:05 am
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disssman, I work there and we

disssman, I work there and we have not had to do anything special when the new company came in.Our sick days, vacation days, 401 K, insurance, all of that is the same for now and will be until next year. And I don't think our plant will close. I'm not saying that because I need my job, :), but because we have been to hell and back in the last few years and things have gotten about as bad as possible and yet we are still here. So I am hoping things improve from here but we will see.

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