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Economic Emergency Program: St. Cloud Printing Plant Closure, Richard A. Macdonald, King Banaian, Owusua Yamoah, Brigid Tuck, Adeel Ahmed
Economic Emergency Program: St. Cloud Printing Plant Closure, Richard A. Macdonald, King Banaian, Owusua Yamoah, Brigid Tuck, Adeel Ahmed
Special Economic Studies
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 …