| Montreal, July 26, 2007– Transcontinental
today announced that it will invest $2 million in its
Transcontinental Metrolitho printing plant. After six years
of continued growth, these funds will be used to double the
plant’s size by 24,150 square feet. The expansion will
be completed by November 2007 and will increase the plant’s
production capacity.
Specializing in short-run book, perfect bound, hard cover
and spiral bound book production, Transcontinental Metrolitho
employs some 150 people. This larger space will enable Transcontinental
to continue to deliver the quality of service its customers
have come to expect from the company.
The expansion is not simply about expanding into a larger
space; it is the culmination of a number of events that confirms
the viability of Transcontinental’s technology and business
models. The plant expansion is a key component in helping
the company achieve its stated goal of improving its ability
to compete, primarily in the Book Group sector.
“This is good news for our employees and the community
of Sherbrooke, which has always been a strong supporter of
Transcontinental,” said Martin Cournoyer, general manager
of the Transcontinental Metrolitho plant. “By making
the decision to invest, Transcontinental confirms its commitment
to the Sherbrooke area and its desire to contribute to its
economic development.”
About Transcontinental Inc.
The largest printer in Canada and sixth-largest in North America,
Transcontinental also ranks as 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 more than 14,500
employees in Canada, the United States and Mexico, and reported
revenues of C$2.3 billion in 2006.
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For information:
Media
Jennifer Stein
Media Relations
Telephone: (416) 360-6183, ext.: 238
jstein@tsa.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954-2821
jennifer.mccaughey@transcontinental.ca
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