Quebecor World Battles Forward

MONTREAL—With some clients bailing out and its parent company offering more adversity than support, a leaner and meaner Quebecor World continues to battle forward by securing new deals and extensions on existing contracts.

The financially troubled printer does have a tough road ahead. Quebecor World has opted to close its Magog, Quebec, facility, which produced magazines and retail inserts for the U.S. and Canadian markets. About 300 full-time jobs will be lost, including 200 positions already on temporary layoff, which will be made permanent.