Innovative LAMà® Band rids hard-to-recycle
waste from in-store signage
Quad/Graphics (NYSE: QUAD), a global marketing experience
company, announced the LAMà Band, an innovative and sustainable
solution for packaging the company’s proprietary signage offering.
LAMà Displays will now be delivered to retailers bundled with an
easy-to-remove band made of the same recyclable paperboard used for
the signs themselves.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230330005141/en/
The LAMà® Band, a new packaging solution
from Quad for its proprietary LAMá Displays, eliminates the need
for single-use plastic bags and paper instruction sheets (pictured
on left). The cost-neutral solution (right) showcases Quad’s
steadfast commitments to sustainability and innovation – for its
own business, and for its clients. (Photo: Business Wire)
With assembly instructions printed directly on the LAMà Bands,
they are expected to eliminate 330,000 plastic polybags, 330,000
one-time-use paper instruction sheets, 660 paper-ream wraps, 66
corrugated boxes, 132 plastic straps, and eight wooden pallets from
ever entering the waste stream every year. (Based on Quad’s 2022
sales data.)
The creation of the LAMà Band is a story of Quad’s “maker
culture” in action. Its concept originated with the Quad In-Store
division’s structural design team, which was tasked with developing
innovative ideas that would advance Quad’s ongoing commitment to
sustainability – for its own business and for its clients. This
update to the LAMà Display packaging is also cost-neutral, and the
change removes friction for retailers by making the assembly
process even easier.
“The LAMà Band is a testament to the innovation in Quad’s DNA.
The company was founded on the idea that there’s a better way. This
eco-friendly solution – which came from a 'moonshot' idea – is just
that: a better way,” said Kelly Burt, Vice President of Quad
In-Store. “This is another important step in our ongoing
sustainability journey. I can’t wait to see what we do next.”
“The simplest way to reduce waste is through innovative
solutions centered on the principles of continuous improvement,
which is exactly what Quad is doing here,” said Maura Packham, Quad
Senior Vice President of Corporate Responsibility. “We’re committed
to advancing our own environmental initiatives and bringing
sustainable solutions to our clients. These are intentional changes
to our offerings that we believe will generate long-term
environmental benefits and contribute to our bottom line.”
View a comparison of the old and new LAMà packaging in this
video.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements include statements regarding,
among other things, our current expectations about the Company’s
future results, financial condition, sales, earnings, free cash
flow, margins, objectives, goals, strategies, beliefs, intentions,
plans, estimates, prospects, projections and outlook of the Company
and can generally be identified by the use of words or phrases such
as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,”
“plan,” “foresee,” “project,” “believe,” “continue” or the
negatives of these terms, variations on them and other similar
expressions. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those expressed in
or implied by such forward-looking statements. Forward-looking
statements are based largely on the Company’s expectations and
judgments and are subject to a number of risks and uncertainties,
many of which are unforeseeable and beyond our control.
The factors that could cause actual results to materially differ
include, among others: the impact of decreasing demand for printed
materials and significant overcapacity in a highly competitive
environment creates downward pricing pressures and potential
under-utilization of assets; the impact of fluctuations in costs
(including labor and labor-related costs, energy costs, freight
rates and raw materials, including paper and the materials to
manufacture ink) and the impact of fluctuations in the availability
of raw materials, including paper, parts for equipment and the
materials to manufacture ink; the impact macroeconomic conditions,
including inflation, rising interest rates and recessionary
concerns, as well as ongoing supply chain challenges, labor
availability and cost pressures, distribution challenges and the
COVID-19 pandemic, have had, and may continue to have, on the
Company’s business, financial condition, cash flows and results of
operations (including future uncertain impacts); the impact of
increased business complexity as a result of the Company’s
transformation to a marketing experience company; the inability of
the Company to reduce costs and improve operating efficiency
rapidly enough to meet market conditions; the impact of changes in
postal rates, service levels or regulations, including delivery
delays; the failure to attract and retain qualified talent across
the enterprise; the impact of a data-breach of sensitive
information, ransomware attack or other cyber incident on the
Company; the fragility and decline in overall distribution
channels; the impact of digital media and similar technological
changes, including digital substitution by consumers; the impact
negative publicity could have on our business and brand reputation;
the failure of clients to perform under contracts or to renew
contracts with clients on favorable terms or at all; the impact of
risks associated with the operations outside of the United States,
including trade restrictions, currency fluctuations, the global
economy, costs incurred or reputational damage suffered due to
improper conduct of its employees, contractors or agents, and
geopolitical events like war and terrorism; the COVID-19 pandemic
continues to negatively affect the Company’s business, financial
condition, cash flows, results of operations, supply chain and raw
materials availability, as well as client demand (including future
uncertain impacts); the failure to successfully identify, manage,
complete and integrate acquisitions, investment opportunities or
other significant transactions, as well as the successful
identification and execution of strategic divestitures; significant
investments may be needed to maintain the Company’s platforms,
processes, systems, client and product technology, marketing and
talent, and to remain technologically and economically competitive;
the impact of the various restrictive covenants in the Company’s
debt facilities on the Company’s ability to operate its business,
as well as the uncertain negative impacts macroeconomic conditions
may have on the Company’s ability to continue to be in compliance
with these restrictive covenants; the impact of an other than
temporary decline in operating results and enterprise value that
could lead to non-cash impairment charges due to the impairment of
property, plant and equipment and other intangible assets; the
impact of regulatory matters and legislative developments or
changes in laws, including changes in cyber-security, privacy and
environmental laws; the impact on the holders of Quad’s class A
common stock of a limited active market for such shares and the
inability to independently elect directors or control decisions due
to the voting power of the class B common stock; and the other risk
factors identified in the Company’s most recent Annual Report on
Form 10-K, which may be amended or supplemented by subsequent
Quarterly Reports on Form 10-Q or other reports filed with the
Securities and Exchange Commission.
Except to the extent required by the federal securities laws,
the Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
About Quad
Quad (NYSE: QUAD) is a global marketing experience company that
gives brands a more streamlined, impactful, flexible and
frictionless way to go to market and reach consumers. Quad’s
strategic priorities are powered by three key competitive
advantages that include integrated marketing platform excellence,
ongoing innovation, and culture and social purpose. The company’s
integrated marketing platform is powered by a set of core
specialties including strategy and consulting, data and analytics,
technology solutions, media services, creative and content
solutions, and managed services.
Serving more than 2,900 clients, Quad has approximately 15,000
people working in 14 countries around the world.
Please visit quad.com for more information.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230330005141/en/
Jennifer Wasmer Quad External Communications 203-522-1699
jawasmer@quad.com Tory Hyde Stanton Communications
thyde@stantoncomm.com
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 6 2024 まで 7 2024
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 7 2023 まで 7 2024