Quad/Graphics, Inc. (NYSE:QUAD) has renewed its exclusive retail insert and catalog printing business with OfficeMax Incorporated and added significant direct mail volume for the leading office supply retailer in a new multiyear agreement. With additional related freight logistics and in-store signage business, total revenues from the long-time Quad/Graphics customer are expected to grow approximately 20 percent versus prior year levels.
“We have printed OfficeMax catalogs for more than 20 years and that has given us a solid foundation to expand our services for this leading retailer,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics. “Adding direct mail gives us another way to grow our marketing solutions partnership with this important client and reflects our commitment to serving our customers in more ways to deliver even greater value to their businesses.”
Tim Gable, Director of Print Production for OfficeMax,
said his company expects to benefit from Quad/Graphics’ scale, national network and innovative direct mail approaches. “Quad’s successful service model in support of our insert advertising and catalog programs has given us the confidence to tap Quad’s growing services in direct mail and other areas,” Gable said. “We see efficiencies from a brand and cost standpoint in working with a supplier like Quad who can do more for us on a national basis.”
OfficeMax Incorporated is a leader in both business-to-business office products solutions and retail office products. The company provides office supplies and paper, in-store print and document services through OfficeMax ImPress®, technology products and solutions, and furniture to businesses and individual consumers. OfficeMax customers are served by approximately 30,000 associates through direct sales, catalogs, e-commerce and nearly 1,000 stores.
Quad/Graphics (NYSE: QUAD) is a global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts/circulars, direct mail, books, directories, and commercial and specialty products, including in-store signage. Headquartered in Sussex, Wis. (just west of Milwaukee), the company has approximately 22,000 full-time equivalent employees working from more than 50 print-production facilities as well as other support locations throughout North America, Latin America and Europe. As a printing industry innovator, Quad/Graphics (
) is redefining the power of print in today’s multimedia world by helping its clients use print as the foundation of multichannel communications strategies to drive their top-line revenues.
Notes Regarding Quad/Graphics Inc. Forward-Looking Statements
To the extent any statements in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, the objectives, goals, strategies, beliefs, intentions, plans, estimates, prospects, projections and outlook of Quad/Graphics, Inc. (the "Company" or "Quad/Graphics"), and can generally be identified by the use of words such as "may", "will", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe" or "continue" or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements.