MONTREAL—Quebecor World has appointed Regis Rehel as president of its Canadian Division. He will be charged with ensuring the printer's Canadian customers are provided with full-service solutions to meet all of their marketing, advertising and publishing needs. Rehel joined Quebecor World last April as vice president of corporate optimization.
MONTREAL—Some creditors of bankruptcy-protected Quebecor World have asked the court for permission to file suit against the printer, seeking $376 million they claim was paid to 14 private lenders prior to bankruptcy to buy back its debt.
Printing Impressions is proud to present the Gold, Silver and Bronze
winners of the 2008 Gold Ink Awards, co-sponsored by Heidelberg
and Quebecor World. More than 1,400 entries were received, some from as far away as Hong Kong and Australia. Judging was held within 46 categories. The award-winning companies and their outstanding work will be honored at the annual Gold Ink Awards/Hall of Fame Gala, which will be held this month during the Graph Expo show in Chicago.
MONTREAL—Some creditors of bankruptcy-protected Quebecor World have asked the court for permission to file suit against the printer, seeking $376 million they claim was paid to 14 private lenders prior to bankruptcy to buy back its debt.
Canterbury Closes Its Doors ROME, NY—Employee-owned Canterbury Press closed its doors in July, leaving 42 employees without jobs, according to the Utica Observer-Dispatch. The company produced sheetfed commercial work, as well as periodicals. $10M Investment for Royle SUN PRAIRIE, WI—Royle Printing is investing more than $10 million to bolster its operations, including a new 57˝ Goss Sunday 2000 gapless web press. Royle, which serves the publishing and catalog markets, also added a fourth selective binding and mailing system, and is in the process of constructing a 40,000-square-foot addition to its facility here. Quad Invests in Polish Firm SUSSEX, WI—Quad/Graphics and its Warsaw-based holding
LAS VEGAS—EFI’s acquisition of MIS competitor Pace Systems Group for approximately $21 million in cash came as a surprise announcement during EFI’s Connect 2008 users group meeting held recently at the Wynn Las Vegas. Marc Olin, senior vice president and general manager of EFI Advanced Professional Print Software (APPS), made the revelation to the more than 500 clients attending the ninth annual Connect conference. The browser-based ePace print management solution will by renamed EFI Pace and will eventually replace EFI’s PSI and Logic platforms (which will continue to be supported by EFI in maintenance mode). EFI Pace is geared toward the mid-market segment,
MONTREAL—Quebecor World has reached a contract extension with PARADE Publications to print 100 percent of PARADE magazine in the United States. PARADE is distributed weekly in more than 400 Sunday newspapers. It boasts more than 71 million weekly readers.
MONTREAL—Despite a recent slew of contract renewals and new business acquisitions, a restructuring Quebecor World posted a net loss of $77.7 million (or $0.44 per share) for the second quarter of 2008, compared to a net loss of $10.8 million ($0.05 per share) for the same period in 2007.Quebecor World revenue slipped to $976 million…
MONTREAL—Quebecor World has reached a new seven-year, $45 million agreement with Canada Wide Media to print magazines and periodicals for the Vancouver-based publisher. The agreement includes renewal work on titles such as BC Business, Westworld Publications, BC Home, Alberta Home, Gardenwise and Granville Magazine.
MONTREAL—Quebecor World has signed a multi-year printing agreement with Local Insight Media Holdings, expanding its volume of printing for the company. Under the deal, Quebecor World will print more than 450 directories for Local Insight Media, whose operating subsidiaries and affiliates provide Yellow Pages directories and local search solutions for 370,000 businesses in 42 states and the Caribbean. Quebecor World currently prints more than 350 directories for Local Insight Media’s operating subsidiaries and affiliates. Under the new agreement, Quebecor World will increase the volume of directories it produces. It will continue to supply the company from its network of printing facilities in the United
