Transcontinental Posts ‘Best Operating Performance in Its History’

• In line with its strategy to focus on its core operations and develop its Web-based products and services, in 2010 Transcontinental sold almost all of its direct mail operations in the United States to IWCO Direct, a U.S. company headquartered in Minnesota, for net proceeds of $105.7 million. The facilities were located in Warminster and Hamburg in Pennsylvania, in Fort Worth, Texas, and in Downey, California. Transcontinental is still the leader in direct marketing in Canada.