SARATOGA SPRINGS — Saratoga Springs printing plant, Quad is considering whether to spend $45 million to install two new presses, which add 74 new jobs over the next two years.
The printer of Time, W Magazine, and Popular Mechanics is seeking $9 million in incentives to justify making the investment in New York instead of Wisconsin where Quad is headquartered.
Besides the incentive package, which is expected to include $2.25 million is assistance from National Grid as well as $6 million for Empire State Development.
Quad would need a building permit before it is allowed to start work. The company wants to get its approvals in place so that once the situation with the coronavirus improves, Quad can begin its expansion project.