5-Year, $85 Million Contract Extension
SUSSEX, Wis.--(BUSINESS WIRE)--March 10, 2003--
Simultaneously, Quad/Graphics Named Newsweek's Printer of the Year for
18th Consecutive Year
Quad/Graphics will print Newsweek magazine through 2009 under a
new 5-year, $85 million dollar contract extension signed with Newsweek
Inc. As part of the agreement, Newsweek becomes the first client of
Quad/Graphics' all-new Oklahoma City plant, which will open later this
"We have long valued our relationship with Newsweek and appreciate
the publisher's ongoing confidence in our company, which it has just
confirmed with a generous contract extension and the placement of
additional work in our Oklahoma City facility," commented Tom
Quadracci, President and CEO of Quad/Graphics.
Production of Newsweek is slated to begin in Quad/Graphics'
Oklahoma City plant this fall, joining the printer's other Newsweek
production facilities in The Rock, Ga.; Hartford, Wis.; and Saratoga
Springs, N.Y. Together the plants will produce more than 2 million
combined copies of the magazine each week.
Strategically located west of the Mississippi River,
Quad/Graphics' Oklahoma City plant will offer Newsweek unparalleled
newsstand distribution capabilities to growing markets in nearby
states, particularly Texas.
"It has been a goal of Newsweek's to have production in the
central part of the country for many years, which is why the decision
to add production of Newsweek in Oklahoma City was a vital part of
this contract extension," said Angelo Rivello, Newsweek's senior vice
president of Distribution and World-Wide Manufacturing. "The plant's
location will provide the opportunity for us to better service
newsstands and subscribers in Oklahoma, Texas and Louisiana, which are
growing states for our business."
Printer of the Year
In other news, Quad/Graphics' Hartford, Wis., plant has been named
Newsweek's Printer of the Year for 2002. The coveted achievement marks
the 18th consecutive year a Quad/Graphics facility has earned the
distinction. Newsweek judges its printers on nine key criteria: 1)
quality, 2) paper waste on covers, 3) paper waste on current forms, 4)
turnaround time from the last file to the first book, 5) time needed
to produce the first 100,000 books, 6) bindery speeds, 7) press
speeds, 8) bindery books per hour, and 9) service and support.
"Quad/Graphics' performance is unquestionably at the top end of
our production food chain, week in and week out," Mr. Rivello
explained. "This business requires first-class state-of-the-art
equipment, but at the end of the day, the personal relationship that
exists with my staff and Quad's staff is most important to our overall
"We are elated to receive this honor for an 18th consecutive
year," Mr. Quadracci said. "It is a testament to our ability to
deliver consistently high-quality product in record speeds with
minimal waste. I extend my congratulations to each and every
In addition to Quad/Graphics' Hartford plant, the printers'
facilities in Saratoga Springs, N.Y., and The Rock, Ga., took third
and fourth place, respectively. Newsweek is produced in five U.S.
A Newsworthy Partnership
The renewed contract strengthens a relationship that began in 1977
and is considered the watershed moment for the then-6-year-old printer
with a single facility in Pewaukee, Wis. Highlights of the 26-year
January 1977: Newsweek production begins in Quad/Graphics'
Pewaukee plant with the printing of a single form - the covers for the
February 7 issue featuring the gas crisis.
October 1978: Quad/Graphics begins printing and binding full
copies of Newsweek in its Pewaukee plant.
1984: Quad/Graphics receives Newsweek's coveted Printer of the
Year award for the first time - a designation the company has never
May 1991: Quad/Graphics' plant in Saratoga Springs, N.Y., becomes
the company's second Newsweek-producing plant.
January 1994: Quad/Graphics transfers Midwest production of
Newsweek from its Pewaukee facility to its two-year-old Hartford,
January 1996: Quad/Graphics' plant in The Rock, Ga., becomes the
company's third Newsweek-producing plant.
February 1997: Together, Quad/Graphics and Newsweek initiate an
industry first: The March 3 issue represents the first complete
computer-to-plate production of a newsweekly magazine. Press makeready
time on covers is reduced by nearly 65 percent.
March 2003: Quad/Graphics is named Newsweek's Printer of the Year
for 2002, marking the 18th consecutive year in which a Quad/Graphics
plant has won the award. The company's Pewaukee plant received the
award between 1984 and 1993. In the nine years since, the company's
Hartford plant has claimed the title with the exception of 1997 when
Quad/Graphics' plant in The Rock placed first among Newsweek's
Quad/Graphics (www.QG.com), headquartered in Wisconsin, has a
network of print-production facilities on three continents that
provides services ranging from front-end design and photography
through digital imaging, printing, list management, finishing and
dependable distribution for publishers, catalogers, direct mailers and
other types of companies. Quad/Graphics has 11,000 employees worldwide
and annual sales of $1.8 billion.
About Newsweek Inc.
Offering comprehensive coverage of world events, Newsweek magazine
is published by Newsweek Inc., a division of The Washington Post Co.
Its worldwide circulation is more than 4 million, including 3.1
million in the United States.
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