Transcontinental Closing Its Printing Plant in Quebec; Around 150 Jobs Lost
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“The printing industry is undergoing a major transformation that is altering supply and demand. Given the capacity and potential of our network, we have concluded that we have excess production capacity in relation to market demand. In order for Transcontinental inc. to remain competitive in this industry under pressure and get the most out of its most efficient equipment, we have had to make the difficult decision to terminate our printing operations at LaSalle,” said Marian Kerr, senior vice president, Retail and Newspapers - Eastern.
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- Companies:
- Transcontinental Inc.
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