Quad’s book printing business includes manufacturing operations in Kentucky, Pennsylvania and West Virginia, employing 1,350 workers.
It includes a 50,000-sq.-ft. addition, a new eight-color, 41˝ Heidelberg Speedmaster XL 106 UV perfector, and a Kolbus perfect binder.
Quad and LSC decided that the added delay, uncertainty, and legal costs would have eroded many of the expected benefits of the merger.
The DOJ appears very adamant about its opposition to the proposed merger of the two companies.
Here are five areas of strategic impact that both publishers and printers need to look at and plan to work with.
CJK Group will make Thomson-Shore’s Dexter, Mich., production facility a warehouse and offered jobs to roughly formerly 100 workers.
Join Pat McGrew, as she explores the transformation of book production today through the lens of inkjet technology.
Peter Schaefer, a principal at New Direction Partners, and Mark Michelson, editor-in-chief of Printing Impressions, predict how the U.S. Department of Justice, Antitrust Div., will rule on the pending acquisition of LSC by Quad. They also discuss — assuming the deal gets finalized — how it will ultimately impact the book printing landscape.
Less than half of the existing workforce will be rehired should CJK Group ultimately acquire Thomson-Shore’s assets.