Quebecor World Closes Plant, Cuts Nonunion Pay

MONTREAL—Quebecor World's continuing journey to emerge from bankruptcy protection is certainly not without pain. The struggling printer has notified Tennessee state officials that it will close its Memphis facility, leaving 111 people out of work, the Memphis Daily News reported.

Several publications also reported that Quebecor World has cut the pay of all North American nonunion employees by 10 percent. Those employees are also losing one week of paid vacation.