Quebecor - More Facilities Targeted for Consolidation
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Quebecor World initially projected that the total cost of integrating the two operations would be approximately $100 million, but that the restructuring would save the combined company in excess of $50 million annually. Quebecor now says it expects annualized cost savings in excess of $100 million, and now indicates it will spend US$125 million to bring them about.
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- Companies:
- Quebecor World
- People:
- Charles G. Cavell
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