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Investing in the Future
Transcontinental invests $20 million dollars in Montreal facility
MONTREAL - Transcontinental announced plans to invest $20 million in state-of the-art equipment for Transcontinental Interweb Montreal, its South Shore printing facility, ensuring that it will continue to provide customers with top-quality newspapers and commercial printed products, including catalogues and magazines.
"Transcontinental has always invested in the latest technologies so that,
with the collaboration of committed employees, we will continue to develop and
become more efficient," said François Olivier, President and Chief Executive
Officer of Transcontinental. "We are also taking advantage of the strong
Canadian dollar to invest more in purchases of equipment sold in US dollars.
Today's announcement is an example of this."
The investment in Transcontinental Interweb Montreal includes the
acquisition of a new SUNDAY 3000 press, a Goss SP2200 stitcher and a Buhrs
4000 Polybag line. It also includes a redesign of the facility to maximize
efficiency and workflow, part of Transcontinental's comittment to continuous
improvement and efficiency.
"Transcontinental is known for looking ahead and adapting its business
model to changing industry expectations," said Guy Manuel, President,
Marketing Products and Services Sector, Transcontinental Printing. "This
investment in our Transcontinental Interweb Montreal facility ensures we will
continue to deliver world-class products to our clients."
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