Business
Transcontinental Boucherville Printing Plant Closes
Transcontinental Boucherville Printing Plant Closes
About this update from Transcontinental Inc. Class A
[{"type":"text","content":"\n\n\n\n Oct. 27, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nMONTREAL, Oct. 27 /CNW Telbec/ - Transcontinental announces that it is\n closing the Transcontinental Boucherville printing plant at 1485\n Coulomb in Boucherville.\n\n\n"Over the past several years, Transcontinental has invested heavily in\n new printing technologies that have made it significantly more\n efficient and augmented its production capacity. Today, because of the\n major structural changes in the printing industry that have led to\n decreased demand in certain niche markets, Transcontinental is faced\n with overcapacity in the book, catalogue and magazine segment of its\n print network," said Jacques Grégoire, Senior Vice President, Magazine,\n Book and Catalogue Group. To remain competitive in this changing\n market, Transcontinental management has thus made the difficult\n decision to close Transcontinental Boucherville.\n\n\nSome 180 employees at Transcontinental Boucherville will be affected\n when the plant closes on December 17, 2010. All employees will receive\n severance packages and job placement services to help them quickly find\n new employment.\n\n\nTranscontinental thanks all the employees of Transcontinental\n Boucherville for their dedication and outstanding contribution to the\n company's success.\n\n\nAbout Transcontinental \nTranscontinental creates marketing products and services that allow\n businesses to attract, reach and retain their target customers. The\n...