Quad to Close Jonesboro, AR Plant
Friday, March 09, 2012
Press release from the issuing company
Quad/Graphics Inc. (NYSE: QUAD) announced today that it will cease production at its Jonesboro, Arkansas, facility in the fourth quarter 2012 as it continues to consolidate work onto its most efficient and competitive manufacturing platforms.
“We continue to make the bold and necessary moves to strengthen our platform and overall competitive position, and create value for our clients and shareholders,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics.
The company will proactively assist Jonesboro employees in finding new jobs, including those available at other Quad/Graphics locations. “We value the talents and contributions of employees impacted by today’s announcement, and we will help them with their career transitions,” Quadracci said. “We need skilled, experienced employees for a variety of positions throughout our company, and we will share those opportunities with Jonesboro employees willing to relocate.”
The Jonesboro plant encompasses approximately 600,000 square feet and currently employs approximately 600 people.
Client work will be consolidated without disruption into Quad/Graphics network of U.S. facilities.
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