Transcontinental Generates Organic Revenue and Profit Growth

The Mexican Federal Competition Commission has approved the sale of Transcontinental’s Mexican operations to Quad/Graphics, therefore this transaction will close shortly. In connection with the upcoming closing, Transcontinental will also transfer its black and white book printing business, destined for U.S. export, to Quad/Graphics. As a result of this imminent volume reduction, Transcontinental will gradually reduce approximately one third of its workforce in its Louiseville and Sherbrooke plants where this book work is produced.