(December 17, 2015) Franklin, Kentucky, courtesy of the
Commercial printing company Quad/Graphics will invest nearly $3
million and create 45 new full-time jobs by expanding in Franklin and
Versailles, Gov. Matt Bevin announced last week.
"A company planning to grow its business in Kentucky is always great
news. Quad/Graphics' decision to simultaneously expand two of its
plants in the commonwealth is even better," said Bevin. "As
Quad/Graphics looks to consolidate its operations across the nation,
it speaks volumes about Kentucky's overall work environment that the
company chose to expand both its Franklin and Versailles plants. We
look forward to ensuring that our partnership grows deeper and
stronger in the years ahead."
At its Versailles location, Quad/Graphics will invest nearly $2.5
million, create 20 jobs and retain 468 others. In Franklin, it will
invest nearly $480,000, create 25 jobs and retain 148 positions. It
also plans to invest in plants it views as part of its long-term plan.
The company's retail-insert plant in Franklin and book production
operation in Versailles are slated to receive continuing upgrades to
ensure each maintains up-to-date technology, high production and
efficient operations to provide customers with cost-effective service.
(Photo Courtesy of Brian Hancock.)
"Quad/Graphics is proud to be fortifying our presence in Kentucky,"
said Joel Quadracci, chairman, president and CEO of Quad/Graphics. "We
value this partnership with Governor Bevin, the state of Kentucky and
the local governments, which enables us invest in the talent and
technology we need to continue delivering cost-effective, innovative
solutions to marketers and publishers everywhere. In Versailles, we
are using new digital print technology to produce books on demand,
bringing zero inventory and just-in-time delivery closer to reality.
In Franklin, we have an advanced, cost-efficient platform for
producing retail advertising inserts, among other products. Through
these investments, we show our dedication to helping our clients
achieve their business objectives."
Founded in 1971 in an abandoned millwork factory just west of
Milwaukee, Wis., Quad/Graphics started with a rented printing press
and a borrowed binder. The company, now based in Sussex, Wis., has
since grown to become the second-largest provider of print and media
solutions in the western hemisphere. It operates a network of printing
plants spanning 28 U.S. states with more than 70 facilities employing
20,000-plus workers. At the forefront of innovation in the printing
industry for nearly 45 years, Quad/Graphics creates value for its
publishing and marketing clients by helping them perform better in
today's rapidly changing world through innovative solutions that
improve efficiencies, reduce costs, lift response and increase
"We are pleased to have Quad/Graphics creating 25 new jobs and
investing almost $500,000 into its existing facility in Franklin,"
said Sen. David Givens, of Greensburg. "Not only is this investment
beneficial for economic growth, but is also essential in retaining the
existing 148 jobs provided by the company in Simpson County. We are
thankful to Quad/Graphics for its continued faith in the community."
"This is great news for Franklin and those who work there and are
poised to be hired," said Rep. Wilson Stone, of Scottsville. "I want
to thank Quad/Graphics for moving in this direction and investing
further in our community. I also appreciate the hard work by our local
and state economic development leaders. They play a critical role in
making announcements like these possible."
"We are very pleased with the expansion of jobs and the investment of
new equipment at Quad/Graphics," said Franklin Mayor Ronnie Clark.
"This has been an important industry for Franklin for over 30 years
and we are glad to see them grow in our community."
"Quad/Graphics is one of the most important industries we have in
Simpson County," said Simpson County Judge-Executive Jim Henderson.
"The new jobs and investment they are bringing to our area will allow
our local citizens to have opportunities at good paying jobs with an
excellent company. We appreciate Quad/Graphics' continued investment
in Franklin and Simpson County."
To encourage Quad/Graphics' investment and job growth in the state,
the Kentucky Economic Development Finance Authority preliminarily
approved the company for tax incentives up to $400,000 through the
Kentucky Business Investment program for the Franklin expansion and
$400,000 for the Versailles project. The performance-based incentive
allows a company to keep a portion of its investment over the
agreement term through corporate income tax credits and wage
assessments by meeting job and investment targets.
In addition, Quad/Graphics is eligible to receive resources from the
Kentucky Skills Network. Through the Kentucky Skills Network,
companies are eligible to receive no-cost recruitment and job
placement services, reduced-cost customized training and job training
incentives. Last year, the Kentucky Skills Network trained more than
84,000 employees from more than 5,600 Kentucky companies.
For more information on Quad/Graphics, visit
For more information, contact Industrial Authority Executive Director
Dennis Griffin at 270-586-4477 or at