03.09.18
1951 Constitution Ave.
Hartford, WI 53027
Phone: (262) 673-1400
Fax: (262) 673-1459
www.qg.com
Sales: $250 million (Ink World estimate).
Major Products: Offset, gravure, inkjet and specialty inks.
Key Personnel: Joel Quadracci, chairman, president and CEO of Quad/Graphics; John Fowler, vice chairman and EVP; Tom Frankowski, COO; Dave Honan, EVP and CFO; Dave Blais, EVP of global procurement and platform strategy; Renee Badura, EVP of sales; Jim Mercier, executive director of CR/T; Sunil Rao, technical director, CR/T.
Number of Employees: Approximately 100 in CR/T. (Ink World estimate)
Operating Facilities: Lomira, WI; Oklahoma City, OK; Martinsburg, WV; Greenfield, IA; Hartford, WI; Wyszków, Poland.
Comments: The second largest publication printer worldwide, Quad/Graphics is a global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. Headquartered in Sussex, WI, the company employs more than 25,000 employees and operates more than 70 print-production facilities worldwide.
In 2017, the company reported net sales of $4.1 billion, a decline of 4.6% from 2016. Free cash flow was $258 million in 2017 vs. $246 million in 2016.
“We are pleased with our fourth quarter and full-year 2017 results, which were in-line with our expectations and demonstrate continued execution of our strategic priorities to generate consistent earnings and strong, sustainable free cash flow that further strengthen our balance sheet, provide long-term shareholder value and accelerate our Quad 3.0 transformation,” said Joel Quadracci, Quad/Graphics chairman, president and CEO.
“Quad/Graphics continues to generate significant free cash flow, which is important to maintaining a strong and flexible balance sheet that supports our disciplined capital deployment strategy,” said Dave Honan, Quad/Graphics EVP and CFO. “We reduced debt by $166 million in 2017 and improved our debt leverage ratio to 1.99x, when excluding excess cash, which is below our long-term targeted leverage range of 2.0x to 2.5x.”
Founded in 1982, Chemical Research/Technology (CR/T), a subsidiary of Quad/Graphics, produces most of the offset, gravure, inkjet and security inks the company uses.
Hartford, WI 53027
Phone: (262) 673-1400
Fax: (262) 673-1459
www.qg.com
Sales: $250 million (Ink World estimate).
Major Products: Offset, gravure, inkjet and specialty inks.
Key Personnel: Joel Quadracci, chairman, president and CEO of Quad/Graphics; John Fowler, vice chairman and EVP; Tom Frankowski, COO; Dave Honan, EVP and CFO; Dave Blais, EVP of global procurement and platform strategy; Renee Badura, EVP of sales; Jim Mercier, executive director of CR/T; Sunil Rao, technical director, CR/T.
Number of Employees: Approximately 100 in CR/T. (Ink World estimate)
Operating Facilities: Lomira, WI; Oklahoma City, OK; Martinsburg, WV; Greenfield, IA; Hartford, WI; Wyszków, Poland.
Comments: The second largest publication printer worldwide, Quad/Graphics is a global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. Headquartered in Sussex, WI, the company employs more than 25,000 employees and operates more than 70 print-production facilities worldwide.
In 2017, the company reported net sales of $4.1 billion, a decline of 4.6% from 2016. Free cash flow was $258 million in 2017 vs. $246 million in 2016.
“We are pleased with our fourth quarter and full-year 2017 results, which were in-line with our expectations and demonstrate continued execution of our strategic priorities to generate consistent earnings and strong, sustainable free cash flow that further strengthen our balance sheet, provide long-term shareholder value and accelerate our Quad 3.0 transformation,” said Joel Quadracci, Quad/Graphics chairman, president and CEO.
“Quad/Graphics continues to generate significant free cash flow, which is important to maintaining a strong and flexible balance sheet that supports our disciplined capital deployment strategy,” said Dave Honan, Quad/Graphics EVP and CFO. “We reduced debt by $166 million in 2017 and improved our debt leverage ratio to 1.99x, when excluding excess cash, which is below our long-term targeted leverage range of 2.0x to 2.5x.”
Founded in 1982, Chemical Research/Technology (CR/T), a subsidiary of Quad/Graphics, produces most of the offset, gravure, inkjet and security inks the company uses.