MONTREAL, Feb. 28 /CNW Telbec/ - 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."
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
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.
For further information:
For further information: Media: Maxim Labrie, Corporate Communications
Coordinator, Transcontinental Inc., (514) 954-4176,
email@example.com; Financial Community: Jennifer F. McCaughey,
Director, Investor Relations, Transcontinental Inc., (514) 954-2821,