Montreal, February 28, 2008 – Transcontinental
today announced plans to invest $20 million in state-of
the-art equipment for Transcontinental Interweb Montreal,
its South Shore printing facility, ensuring that it will continue
to provide customers with top-quality newspapers and commercial
printed products, including catalogues and magazines.
“Transcontinental has always invested in the latest
technologies so that, with the collaboration of committed
employees, we will continue to develop and become more efficient,”
said François Olivier, President and Chief Executive
Officer of Transcontinental. “We are also taking advantage
of the strong Canadian dollar to invest more in purchases
of equipment sold in US dollars. Today's announcement is an
example of this.”
The investment in Transcontinental Interweb Montreal includes
the acquisition of a new SUNDAY 3000 press, a Goss SP2200
stitcher and a Buhrs 4000 Polybag line. It also includes a
redesign of the facility to maximize efficiency and workflow,
part of Transcontinental’s comittment to continuous
improvement and efficiency.
“Transcontinental is known for looking ahead and adapting
its business model to changing industry expectations,”
said Guy Manuel, President, Marketing Products and Services
Sector, Transcontinental Printing. “This investment
in our Transcontinental Interweb Montreal facility ensures
we will continue to deliver world-class products to our clients.”
About Transcontinental
The largest printer in Canada and sixth-largest
in North America, Transcontinental is also the country’s
leading publisher of consumer magazines and French-language
educational resources, and its second-largest community newspaper
publisher. Transcontinental distinguishes itself by creating
strategic partnerships that integrate the company into its
customers’ value chain, notably through its unique newspaper
printing outsourcing model and its value-added services. From
mass to highly personalized marketing, the company offers
its clients integrated solutions which include a continent-leading
direct marketing offering, a diverse digital platform and
a door-to-door advertising material distribution network.
Transcontinental is a company whose values, including respect,
innovation and integrity, are central to its operation.
Transcontinental (TSX: TCL.A, TCL.B) has approximately 15,000
employees in Canada, the United States and Mexico, and reported
revenues of C$2.3 billion in 2007.
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For information:
Media
Maxim Labrie
Corporate Communications Coordinator
Transcontinental Inc.
Telephone: 514 954 4176
maxim.labrie@transcontinental.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954 2821
jennifer.mccaughey@transcontinental.ca |
