Quebecor World Reorganizes, Names New Top Executive

MONTREAL—A reorganization of the U.S. book and magazine platforms has prompted Quebecor World to close two facilities, costing more than 700 employees their jobs. The troubled printer also named a new chief executive.

A book manufacturing facility in Kingsport, TN, (visit www.piworld.com for history) will be shuttered, leaving 425 without work, and a magazine plant in Brookfield, WI, will close, impacting 310 jobs. The work produced at the affected shops will be transferred to other Quebecor World member companies. The closures are expected to be completed by the third quarter of 2006.