Transcontinental Nabs Pact
MONTREAL—Transcontinental signed an exclusive 15-year contract with Hearst Corp. to print the San Francisco Chronicle, related products, and to provide postpress services. The deal is worth in excess of $1 billion. Transcontinental will start production in the spring of 2009 at a new, state-of-the-art Bay Area plant. The printer’s planned investments for the building and new gear are estimated at more than $200 million. The Chronicle, one of 12 daily newspapers owned by Hearst, has the 14th largest ABC-verified circulation in the United States, according to Transcontinental.
Quebecor World Ups Co-mailing
MONTREAL—Quebecor World is expanding the co-mailing offering at its new Bolingbrook, IL, plant by 50 percent via the purchase of a 30-pocket co-mail machine. The machine is expected to come online in the first quarter of 2007 and will allow magazine publishers and catalogers to reduce their postal costs and improve delivery.
Valpak Seeks Print Workers
ST. PETERSBURG, FL—Direct marketing coupon specialist Valpak is seeking to fill numerous positions at its new manufacturing center here, which is slated to go live in 2007. Among the positions sought: experienced managers and supervisors, and hourly posts that start at $12 per hour. Prospects can apply online at www.valpakcareers.com. Questions regarding positions can be e-mailed to firstname.lastname@example.org. The $200 million web printing facility will employ about 500 people.
Booklet Binding Obtains Plant
BROADVIEW, IL—Booklet Binding and its Team Services division have purchased a new facility in Carol Stream, IL, that will increase combined capacity by nearly 50 percent. Operations at the company’s two current facilities will be consolidated into the new plant, which is expected to be completed in 2007. The company specializes in graphic finishing, direct mail production and specialty packaging.
BSC Swings Deal for Mailer
ATLANTA—BSC Ventures, based here, has expanded its dossier of acquisitions by obtaining Cincinnati-based Champion Printing, which specializes in direct mail printing. BSC Ventures CEO Brian Sass notes that the deal significantly increases the breadth and range of his company’s product offerings, including two- and three-color short-run direct mail pieces and four-color long-run work. Other members of BSC Ventures include Convertagraphics in Roanoke, VA, and Double Envelope, with facilities in Roanoke and Gainesville, FL.