Transcontinental Inc. -- Growth on the Horizon

In fact, Transcontinental has invested (C)$120 million and (C)$140 million in new equipment in 2002 and 2003, respectively. The 2003 figure includes a new press and facility built to print the largest daily newspaper in Montreal, La Presse.

For 2004, Transcontinental has a capital expenditures budget approaching (C)$100 million. The individual business units were to prepare a wish list to present to senior management in March to help provide a Transcontinental braintrust of 20 attending Drupa with an investment plan.