Quad Graphics closing in Saratoga Springs
Quad Graphics closing in Saratoga Springs
SARATOGA SPRINGS, N.Y. (NEWS10) — Quad Graphics, a magazine production facility at 56 Duplainville Road in Saratoga Springs, is closing. The company confirmed the closing to NEWS10.
Get the latest news, weather, sports and more delivered right to your inbox!
“Quad announced today that it will cease operations at its Saratoga Springs, N.Y., and Bolingbrook, Ill., facilities in the first half of 2024 as part of the company’s ongoing strategy to optimize its platform within the ever-changing media landscape,” said the statement.
Quad said the decision to close was due to industry trends including the volume of certain print categories such as magazines and increase in postal costs. The company is set to close the Saratoga Springs plant by May 4. The printing facility has about 435 employees.
Warren County unveils new snowmobile trail app
“Quad continues to optimize our platform for our future as a marketing experience, or MX, company that provides all the resources companies need for frictionless marketing execution,” said Joel Quadracci, Quad Chairman, President and CEO. “Print remains an important and strategic part of our integrated marketing platform that includes solutions across all channels – traditional and digital.”
Quad originally built the Saratoga Springs facility in 1984 for newsweekly magazine production. The work will now be transferred to Quad’s other facilities in Hartford, Wisconsin, The Rock, Georgia, and Springfield, Massachusetts.
State Police respond to fatal Sand Lake driveway accident
Quad said they are offering employees incentives to relocate to their other company facilities. If not, employees will get a separation package that includes severance pay, continuation of health care benefits and career transition assistance.
Copyright 2022 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
For the latest news, weather, sports, and streaming video, head to NEWS10 ABC.