Year in Review -- QW Grabs the Headlines

Finally, Transcontinental Direct USA, the U.S. direct mail subsidiary of Transcontinental Inc., consolidated production from its Warminster, PA, facility to its plant in Hamburg, PA. The plant closure eliminated 460 positions, though some workers were offered the opportunity to work in Hamburg.

While we cannot sugarcoat a difficult year, the onset of a new presidential administration led by Barack Obama and Quebecor World’s pending emergence from bankruptcy protection give cause for optimism in 2009. We’d hate to think the economy could grow any worse. Stay tuned. PI