For the past 40 years, TC Transcontinental has thrived.
Why? Because we have been good at innovation, transformation and at nurturing our values along the way. At
TC Transcontinental, we love challenges, and the many storms we have successfully weathered through our disciplined approach—two recessions, industry consolidation and globalization—have made us stronger. We are now addressing the technical revolution.
Founder and Board Member
We have constantly evolved to stay close to our customers and partner with them to ensure their success. And we have done it the TC Transcontinental way, as a team, forging our own unique path. We have always made decisions for the long term, while producing results every quarter. Change has meant taking risks, trying things out, learning from our mistakes, questioning and exploring new realities.
How we started and grew...
Since our beginnings, we have grown because of our obsession with anticipating our customers' needs. Initially, this meant offering customers design, printing and shipping services through a single offering and a single bill, making life easier for them, allowing them to publish their content and reach their audiences more effectively. We called this 'Total service'. Also, early on, we were the first to specialize our plants, at a time when the business model consisted of having machines that printed all products. Our history of technological innovation started right there, as we equipped our first printing plant to print flyers in four colors, in different formats with folding capacity and on high-quality paper
Then we seized the opportunity to set up a door-to-door distribution network everywhere in Quebec, and we became a successful distributor, as well as a printer. Our credibility as a printer was a determining factor in our customers' willingness to trust us with their distribution. Next we acquired Les Affaires, and later, several community newspapers and magazines, thereby making us a printer, distributor and publisher.
We followed our customers outside of Québec, expanding our flyer and newspaper printing in Canada, first in Ontario with Transcontinental Brampton. This decision was made during a deep recession, at a time when interest rates were more than 20%. The company was already in debt, so we sold a weekly paper in Laval—one that we have since bought back—and the three founders took a big personal financial risk to finance this expansion. Together with an investor who showed the utmost faith in us, we completed our financing and successfully expanded.
Later, we expanded into other parts of North America with a focus on niches with high growth potential—an area in which the company had proven expertise in Canada. We have since then executed a strategy to consolidate our Canadian base in printing.
The TC difference
Many of our achievements to date have been the result of successful initiatives across the company. This has helped us move forward. Today, we transform our approach into a global, collective project.
Chair of the Board, Transcontinental Inc.
We are a disciplined and determined team that wants to succeed. We know that our success can only be achieved through the success of our customers, as their wins are our wins.
With continuous changes in market dynamics, we remain agile to find the most promising opportunities to ensure sustainable and profitable growth.Customers are not only ready for change, they are expecting it. An integrated strategy that works is key to ensure the company stays on a growth path. This is why, with our unique focus and custom offering combining mass and tailored solutions, our top talent in content development, and our strong expertise and tools in delivery for several communications platforms, we are so well equipped to help our customers to attract, acquire and retain their target consumers.
What the future holds
With our talented team, we will leverage our strong customer relationships, always one step ahead of the marketplace. We will continue to innovate and invest in our future. Our customers want to benefit from what works today, and at TC Transcontinental, we can meet that challenge by delivering efficient solutions through an integrated offering. This is why our customers rely on our solid team, to deliver solutions rooted in the present–in what works now–while we keep our eyes wide open to an exciting future. A History of Consistant Growth Transcontinental's rise to the top ranks of North American media industry is characterized by consistent growth achieved throught strategic acquisitions complemented by steady internal development. The following are some of the more important milestones in Transcontinental's history.
A second operating sector is added to the company with the creation of Publi-Home Distributors, a door-to-door flyer distribution business. The company also adopts a new name: G.T.C. Transcontinental Group Ltd.
The company adopts a new name: G.T.C. Transcontinental Group.
Transcontinental Publications is born with the purchase of the weekly business newspaper Les Affaires and the related magazine SIC (now entitled Affaires PLUS).
Transcontinental makes its first foray outside Quebec by opening a flyer printing plant in Brampton, Ontario.
The Publishing sector also continues to grow with the acquisition of Revue Commerce, a business magazine published by the Montreal Chamber of Commerce since 1896.
On October 29th, Transcontinental makes its debut on the Montreal Exchange.
Transcontinental now makes its debut on the Toronto Stock Exchange. The company also diversifies its printing activities with the acquisition of the two Transmag plants in Montreal, one of which specialises in newspaper printing, the other in commercial products. The company also grows its operations outside Quebec with the acquisition of Perry Graphics in Calgary.
A big year for Transcontinental. The celebrated Ad-Bag/Publi-Sac and Ad-Stand are born, products that have revolutionized the flyer distribution business. Transcontinental Publications moves outside Quebec with the purchase of The Hockey News. Printing operations also get a boost with the acquisition of Miami Valley Publishing Company, based in Dayton, Ohio, marking Transcontinental's first step into the United States.
Book publishing division Éditions Transcontinental is born. Transcontinental Publications acquires a majority share of Éditions du Feu Vert, publishers of Décormag and Le Bel Âge, and buys the magazine PME, as well as the newspaper Constructo.
Various titles are added to the Transcontinental Publications family, including Santé and Good Times magazine.
Transcontinental's Brampton flyer printing operations move into new state-of-the-art facilities.
Transcontinental becomes Canada's leading commercial printer with the acquisition of Southam's commercial printing division, up to then the biggest transaction in the company's 16-year history.
The company once again diversifies its operations with the acquisition of a majority interest in Americ Disc. With its European partner Moulage Plastique de l'Ouest, Americ Disc will go on to become the world's biggest independent CD manufacturer before Transcontinental divests its interest in the company in 2001. 1993 also marks the year that Transcontinental acquires Litho Acme, a sheet-fed printing company renowned for its unparalleled quality.
Transcontinental goes on a buying spree. First, the company becomes a player in the Quebec local and regional newspaper market with the purchase of 20 Telemedia weeklies published in the Greater Montreal area. Printing operations are enhanced with the acquisition of Yorkville Printing and Bergman Graphics in Ontario, as well as Ross-Ellis Printing and Métrolitho in Quebec.
Transcontinental acquires Publications Dumont from Cogeco, thereby adding 32 weekly newspapers published in Ontario and Quebec to its portfolio, 17 of which are located in the Montreal area. The company also acquires 50% of CEDROM-SNi, a Montreal firm that specialises in electronic information delivery.
¡Hola México! Transcontinental expands south with the acquisition of a majority interest in Mexico's largest flyer printing outfit Refosa, promptly renamed Impresora Transcontinental de México. The company also continues its trend of strategic acquisitions north of the border. On the printing side, those include Interweb Printing, Interweb Ontario, LGM Graphics, Spot Graphics, Bayweb, Prescom, and Impressions des Associés. On the publishing side, Transcontinental acquires Hockey Business News, Journal économique, and Preview Sports Publications (eight annual titles). 1998 also marks the year that Transcontinental adopts its new corporate signature.
Transcontinental's publishing activities increase significantly with the acquisitions of Investment Executive, as well as 7 titles from Plesman Communication, including Computing Canada and Direction informatique. Transcontinental becomes involved in website development by bringing the content of its magazines and newspapers to the Web and by launching Publisac.ca. Finally, direct marketing activities get a kick-start in the US with the purchase of Spectra Graphics and Newtown in Philadelphia.
Transcontinental makes the most important transaction of its history thus far with the acquisition of Telemedia's magazine publishing division. Eleven major titles are added to the company's portfolio, including Canadian Living, TV Guide, Coup de Pouce, and Elle Québec. The acquisition prompts the creation of Transcontinental Media, a merging of the company's publishing and distribution operations.
Transcontinental acquires a stable of weekly newspapers from Unimedia Group along with most of Gesca's weeklies. The major acquisition adds 18 weekly newspapers and six periodicals to its portfolio, thereby consolidating the corporation's position as the largest local and regional newspaper publisher in Quebec, and second-largest in Canada.
A number of noteworthy launches also mark the year, including that of Elle Canada, the weekday daily Métro (a partnership with Swedish firm Métro International S.A. and Gesca, which publishes the daily La Presse), and the French-language business portal lesaffaires.com.
Another major acquisition. The company lands 12 local and regional newspapers from CanWest Global Communications, published in the four Atlantic provinces and Saskatchewan, along with 32 related publications. This marks Transcontinental's first foray into the daily newspaper publishing business. Close to 900 new employees join the Transcontinental Media team.
Transcontinental also acquires Éditions Versicolores, publishers of magazines Fleurs, Plantes et Jardins and Spécialités Terre à Terre, as well as the Ottawa Business Journal.
Transcontinental takes a momentous step forward in its U.S. direct marketing operations with the acquisition of CC3, a growing company with a network of eight facilities in Pennsylvania, California, and Texas. This represents the biggest acquisition in terms of revenues added made by Transcontinental.
The acquisition of the printer and publisher Optipress increases Transcontinental Media's weekly newspaper portfolio with the addition of 25 weekly and bi-weekly newspapers in Newfoundland and Labrador, Nova Scotia, Prince Edward Island and New Brunswick. The transaction secures Transcontinental's position as the leading publisher of local and regional newspapers in the Atlantic provinces.
Transcontinental Media also strengthens its consumer magazine portfolio with the addition of Avid Media, publisher of respected titles Canadian Gardening, Canadian Home and Country, Canadian Workshop and Outdoor Canada.
Transcontinental doubles its direct marketing capacity in the United States by acquiring JDM, Inc., which raises the production capacity of Transcontinental Direct U.S.A. to more than five billion pieces of direct mail a year. Transcontinental Interweb Toronto wins the contract to print the prestigious daily paper The New York Times for the province of Ontario and the Buffalo and Rochester areas of Upper New York State.
The company enters a publishing segment with strong growth potential by acquiring Chenelière Éducation, Canada's biggest publisher of French-language educational resources.
Transcontinental signs a 15-year contract to print The San Francisco Chronicle, owned by Hearst Corporation.
The Media sector develops its digital activities.
Transcontinental open its new plant, in Louiseville, Transcontinental Gagné.
Transcontinental's growth continues with the acquisition of several publications, including The Springhill-Parrsboro Record in Nova Scotia, the Seaway News in Ontario and The Oxbow Herald in Saskatchewan. A division is created to oversee the development of Transcontinental's model for outsourced newspaper printing in North America. The Corporation also launches Transcontinental Custom Communications, a joint venture with British agency Seven Squared, to offer custom publishing services. Transcontinental moves into direct marketing in Canada by acquiring PLM Group, the fourth-largest printer in Canada, whose primary activity is providing direct marketing products and services.
Transcontinental announce it has been awarded a $1.7 Billion contract to print The Globe and Mail in most of its major markets in Canada until 2028. Transcontinental also signed two exclusives six-year contracts for the printing of Rogers' complete magazine portfolio. The Corporation announced the acquisitions of Rastar, a U.S.-based direct marketing company that specializes in interactive database marketing, ThinData Inc., Canada's leading permission-based email marketing services firm, Acquizition.biz, Canada's largest Web-based platform for buying and selling businesses, and Redwood Custom Communications, a North American Leader in Custom Publishing.
Transcontinental acquires Conversys Inc., the leading Canadian Print-to-Web provider that specializes in the seamless transformation of print materials (flyers and catalogues) into rich, interactive Web content that is user-friendly and brand-consistent across all channels. Transcontinental earns triple forest product chain-of-custody certification in all 45 of its facilities in Canada and the U.S. In California, the state-of-the-art printing plant in Fremont opens, heralding the printing and distribution of the San Francisco Chronicle under a contract signed with Hearst Corporation in 2006.
Transcontinental acquires LIPSO, a leading Canadian provider of integrated mobile solutions, and Vortex Mobile, a provider of mobile marketing solutions for building meaningful consumer relationships. The Corporation launches or acquires six community newspaper and their websites. The Media Sector launches an online advertising representation agency in order to ramp up its offering to advertisers. The online pre-shopping site publisac.ca is revamped and its English counterpart, dealstreet.ca, is launched, as is PREMIUM, the first French-language bookzine in Canada. Transcontinental releases its first Sustainability Report on its operations in 2009. The mobile application for The Hockey News garners more than one million users, making it one of the most downloaded mobile apps in Canada. In February 2010, Transcontinental sold its U.S. high-volume direct mail operations.
Transcontinental doubles the marketing services it provides to Canadian Tire, becoming its main supplier of marketing solutions across Canada. As well, with the publication of its second Sustainability Report, the Corporation showed its continued commitment to sustainable development. For the fifth consecutive year, Corporate Knights honoured Transcontinental, naming it as one the Best 50 Corporate Citizens of 2011. The Canadian Booksellers Association chose Transcontinental Printing as their official eBook solution provider for online bookstores. Transcontinental Media tripled the audience for its digital network in less than a year; it now reaches 11.3 million unique visitors a month. The Media Sector added several weekly and monthly newspapers, print and Web, to its publishing assets, including the publications of Groupe Le Canada Français. Transcontinental Printing is in the process of acquiring the Canadian assets of Quad Graphics Canada, who finalized their purchase of Transcontinental's Mexican assets in September. Finally, the Interactive and Media sectors were merged in order to pursue corporate growth by strategically combining digital activities and interactive marketing solutions.
Isabelle Marcoux becomes Chair of the Board of Transcontinental Inc. The company turns a page in its history with the passing of the torch from founder Rémi Marcoux to his daughter, Isabelle Marcoux. Mr. Marcoux remains on the board. Another important step is taken on the plant floor with the final approval of the transaction to acquire the shares of Quad/Graphics Canada Inc. and announcement of the sale of the Louiseville and Sherbrooke book printing assets. TC Transcontinental also renews and expands six multi-year agreements worth more than $1.5 billion with key accounts in the sales division, extends its contracts to print Rogers' marketing products and magazines to 2019 for an amount of up to $250 million, and introduces the largest promotional insert developed in Canada. For its part, TC Media becomes sole owner of the Métro Montreal newspaper and acquires Les Éditions Caractère, leader in the educational extracurricular book market in Quebec. TC Media also sets up a television production house and develops a number of mobile apps, including the brand new remote payment option for Stationnement Montréal – P$ Mobile Service – and launches the mobile version of the websites for more than 160 daily and weekly newspapers and independent partners.
TC Media acquires Groupe Modulo, a key player in the French educational publishing market -- pre-school to university. Ted Markle is named president of TC Media. Founder Rémi Marcoux and TC Transcontinental make a donation of $2.5 million to the HEC Montréal fundraising campaign to create the Rémi-Marcoux Entrepreneurial Track program. Launch of VÉRO magazine in September, with 130,000 newsstand sales. Five-year agreement between TC Transcontinental Printing and Postmedia to print the Calgary Herald starting in November 2013, and the Vancouver Sun starting in November 2015. In December, TC Media announces that it will buy the 74 community papers and their related web properties from Sun Media (pending approval by the Canadian Competition Bureau). This transaction also includes a parallel agreement with Quebecor Media to print some of its magazines and direct marketing documents as of February 2014.
TC Transcontinental made two strategic acquisitions in 2014. First, it acquired the assets of Capri Packaging, a flexible packaging supplier in the United States, thereby opening up a promising new avenue of growth. Second, the Competition Bureau approved the purchase of the 74 Quebec weekly papers owned by Sun Media Corporation, allowing TC Transcontinental to further develop its local solutions offering. In addition, TC Media announced the sale of its consumer magazines produced in Montreal and Toronto to TVA Group. Also, a multi-year agreement was signed with Postmedia to print The Gazette newspaper. Lastly, TC Transcontinental Printing sold the assets of Rastar, in the United States.
TC Transcontinental's diversification strategy in flexible packaging continues with the acquisition of Ultra Flex Packaging, based in New York, in the United States. TC Transcontinental Packaging earns the SQF Level 3 Certification, an internationally recognized audit standard, and TC Transcontinental Printing signs new multi-year agreements with major customers. TC Media acquires the Atouts collection from Septembre éditeur inc., recognized across Canada, and launches the TC Media Nouvelles application in the Quebec market, thus developing its local digital media offering for businesses and communities. The sector also sells its consumer magazines and refocuses on its other promising business segments. Chair of the Board, Isabelle Marcoux, receives the Mercure Leadership Germaine-Gibara Award from the Fédération des chambres de commerce du Québec.
TC Transcontinental continues successful transformation while recording the highest adjusted net earnings attributable to shareholders of the Corporation in the organization's 40 years of history. The company also wins in the "Business Transfer" category at the Mercuriade Awards—organized by the Fédération des chambres de commerce du Québec—and is, once again, recognized in Corporate Knights' ranking as one of Canada's 50 best corporate citizens. TC Transcontinental also joins the Coalition pour la pérennité de la presse d'information au Québec, (Coalition to ensure the long-term survival of print news media in Québec) which brings together publishers calling upon the government to establish a temporary assistance program to support them in pursuing the shift to digital. Also in keeping with major events in 2016, the packaging division continues to grow with two new acquisitions: Robbie Manufacturing, based in Lenexa, USA, and Flexstar Packaging, located in Richmond, Canada. Meanwhile, the printing division continues to optimize its platform and closes its Transcontinental Québec, Transcontinental Saskatoon and Transcontinental Dartmouth plants. For the latter two, the closures result from the sale of activities in Saskatchewan and Nova Scotia. In addition, a five-year agreement is signed to print the Toronto Star, and printing successfully starts in July. TC Media divests its assets in Saskatchewan, given the limited synergies with the rest of its assets, primarily in Quebec and Eastern Canada. The sector strengthens its portfolio of specialized financial brands by acquiring those of Rogers Media Inc. An exclusive five-year agreement is also signed with the Société de transport de Montréal to distribute the Métro newspaper in the Montreal metro system.
In February, Ms. Isabelle Marcoux, Chair of the Board of Transcontinental Inc., became the first Canadian to win the Visionary Award for Strategic Leadership from the WomenCorporateDirectors Foundation, a global organization. In addition, the Corporation proudly distinguished itself in the prestigious Corporate Knights 2017 ranking of the 50 most responsible corporate citizens in Canada, earning the 22nd position. In terms of business activities, amid profound transformation in the media industry, TC Transcontinental consecutively announced in April the sale of its media assets in Atlantic Canada to SaltWire Network and the launch of a process for the sale of its local and regional newspapers in Quebec and Ontario, generating significant interest in the market. This decision marks a turning point in the organization's transformation. It also indicates that the Media Sector's business strategy will be increasingly focused on the development of its Business and Education segment. In the Printing division, an expanded agreement was concluded with Lowe's Canada, which included the renewal of the agreement with RONA and the addition of the printing of Lowe's flyers in Canada. This agreement represents revenues of $200 million over five years. The Packaging division pursued the integration of its recent acquisitions and continued to deploy significant resources to develop its sales force and to invest in its manufacturing platform to meet the needs of its growing customer base.