Transcontinental Closing Two Canadian Facilities
MONTREAL—Transcontinental Inc. announced that it will be closing its Transcontinental Concord printing plant in Concord, Ontario, and its Transcontinental Edmonton printing plant in Edmonton at the end of December.
"We are always looking at possible solutions to maximize our print platform," said Jacques Grégoire, president of the printing division of Transcontinental Inc. "Our recent analysis have led us to close the Concord and Edmonton facilities in order to consolidate our production in state-of-the-art plants which will increase our efficiency and utilization rate. In light of the current market environment, we are pursuing our review and are examining various options to continue responding appropriately to demand while remaining cost-effective for our customers."
