Document Type

Research Study

Publication Date

8-4-2014

Abstract

On May 30 2014, Quad/Graphics announced the completion of its acquisition of Brown Printing Company. As part of integration plans following the acquisition, the company later announced the closure of the Quad/Graphics printing plant in St. Cloud, Minnesota. The plant closure will result in the loss of 280 jobs at the St. Cloud plant. It is estimated that the closure will result in the total loss of 475 jobs, $72.7 million of sales, and $24.6 million of labor income in Stearns and Benton counties. In addition to the direct loss of jobs in the printing industry, the industries of food service and drinking places, wholesale trade, real estate establishments, and private hospitals will be most affected by the closure of the plant.
The St. Cloud State University School of Public Affairs Research Institute and the University of Minnesota Extension have prepared this economic emergency report to highlight the potential economic impact of the plant closure. This report is presented with support from the EDA Center at the University of Minnesota-Crookston.

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