Changes in Store for Quebecor World
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Under the agreement, Quebecor World employees at non-union U.S. plants will be able to decide, through secret ballot, the question of whether to have union representation. Both sides have vowed to allow for an unhampered, non-adversarial determination process, free of mutual disparagement.
In other company news, Quebecor World revealed it was in the negotiating process to sell off certain sheetfed commercial printing plants. The possible sale of about a dozen facilities in the United States and Canada—which posted 2004 revenues of about $250 million—is just a small portion of its overall North American business.
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