Quad/Graphics Implements Temporary Surcharge to Offset Rising Costs
Quad/Graphics announced it is enacting an immediate, temporary surcharge on its printing inks, UV coating and varnishes to help offset increasing costs impacting its ink manufacturing subsidiary Chemical Research/Technology. "We understand the impact cost increases have on our clients, and we've taken steps to absorb or mitigate these increases," said Dave Honan, President and COO of Quad. "However, the pace of supply chain disruption and ongoing uncertainty driven by geopolitical developments require us to take measured action to maintain the quality and service our clients rely on."