Doyle announces $3 million in tax credits for Quad/Graphics

Gov. Jim Doyle today announced that Sussex-based Quad/Graphics, Inc. will receive up to $3 million in Enterprise Development Zone tax credits for creating up to 750 new jobs at its Sussex, Hartford, and Lomira facilities.

As part of the Governor’s budget, he expanded the state’s Enterprise Development Zone program to provide another $51 million in tax credits to help businesses expand and create jobs.

“Quad/Graphics is exactly the kind of company that we are proud to have in Wisconsin,” Governor Doyle said. “They are focused on staying competitive, aggressive in finding new markets, committed to the environment, and willing to invest in their workers and community.

“I am pleased that the state can help a great Wisconsin company upgrade, expand, and create new, good jobs for Wisconsin.”

Quad/Graphics, Inc. is in the final stages of a $300 million investment in state-of-the-art equipment to upgrade their print-production platform in here in Sussex, and at their Hartford and Lomira facilities.

“Governor Doyle and his administration recognize the value employers like Quad bring to the state’s economy through high-skill job creation, and we thank him for not only investing in our future, but the future of Wisconsin,” said Joel Quadracci, President & COO of Quad/Graphics.

“The Governor’s Grow Wisconsin agenda has played a key role in our choice to continue investing in Wisconsin, and our recent investments have generated and will continue to generate a significant number of new jobs for the area.”

Quad/Graphics is the largest privately-held commercial printer in the Western Hemisphere. Founded in 1971 with a single location in Pewaukee, Wisconsin, it now has nine print-production facilities nationwide as well as a network of prepress, graphic design, photography and sales locations.

With sales of $1.9 billion, Quad/Graphics employs approximately 7,000 people in Wisconsin and 12,000 people worldwide. Quad/Graphics was named one of FORTUNE’s 100 Best Companies to Work For, 2006.