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Article: Quebecor Printing - USA - Corp. to Acquire Franklin Division of Brown Printing Company.
- Article from:
- Business Wire
- Article date:
- September 15, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, Mass.--(BUSINESS WIRE)--Sept. 15, 1997--QUEBECOR (ME, TSE IQI., NYSE:PRW.) Quebecor Printing (USA) Corp. has entered into an agreement to acquire the Franklin Division assets of Brown Printing Company from Gruner + Jahr Printing & Publishing Company. The Franklin Division includes a 461,000 sq.ft. rotogravure printing plant located in Franklin, KY, as well as two associated PrepSAT prepress businesses located in Franklin and Denver, CO. Total employment at these divisional operations, which produce catalogs, retail inserts and magazines, is over 500 people.
The transaction, valued at US$120 million, is subject to compliance with all regulatory ...