TC Transcontinental Printing Invests $15 Million in its Book Printing Platform

TC Transcontinental Printing, a sector of Transcontinental Inc. (TSX: TCL.A TCL.B), announces a $15 million investment in its book printing platform at its Transcontinental Beauceville (Interglobe) plant in Quebec, to better meet demand in the North American market. This is in addition to a $10 million investment in 2019-2020.

With these investments, including an additional press in operation since early June, the plant has doubled its hardcover binding capacity and increased its production capacity by approximately 15%, all while improving manufacturing efficiency. Moreover, the new equipments will help alleviate the labor shortage in the region thanks to their high degree of automation and robotization.

“These investments totalling $25 million demonstrate our confidence in our ability to increase our share of the North American book market,” said Pierre Deslongchamps, Senior Vice President, Quebec and Atlantic, TC Transcontinental Printing. “This will enable us to better meet the increasing demand from our customers, continuing our growth path and maintaining our position as a major player in North America and as the largest Canadian printer of 4-colour books and binding of all types.” The majority of this new investment took place over the past three quarters and will be completed in fiscal year 2023.

TC Transcontinental Printing has a network of 13 plants in Canada and some 3,500 employees. The sector offers a wide range of innovative printing solutions for flyers, in-store marketing products, newspapers, magazines and colour books.
https://tctranscontinental.com/en-us/company-overview/news-room/press-releases/tc-transcontinental-printing-invests-15-million-in-its

Related Posts

5 Easy Things You Can Do to Improve Your Catalog Marketing Strategy (arandell.com)

You’ve got a catalog marketing strategy in place that runs like a well-oiled machine. You provide your print partner with the creative, you get your in-home date, your website sees that uptick in web traffic, and you see that spike in sales that’s always so satisfying. As a catalog printer that’s been in business for nearly a century, we can tell you that this is how many long-time catalogers have run their programs. It’s not a bad thing, as consistency, repetition and reinforcement are what creates a brand. However, that isn’t to say there isn’t room to improve – especially when you’re looking to stand out better in the mailbox. If you’re not ready to make those types of changes, there are other options that are easier and free-er. Here are a few ways to improve your catalog marketing strategy that are quick, easy and painless: click read more below

RR Donnelley Closes The Hennegan Co., Once Considered Among Most Premier Printing Companies in America (piworld.com)

One of the iconic names in the printing industry was laid to rest July 27 with the closure of The Hennegan Co., located just outside Cincinnati in Florence, Ky. The shutdown officially marked the end of the award-winning, marquee printing operation that traced its roots all the way back to 1886, and to the revered Hennegan family name in printing that went along with it. Hennegan's 210,000-sq.-ft. facility, built in 1996, housed six-, eight-, and 12-color sheetfed offset presses; full-size, six- and eight-unit web offset presses; HP and Xerox digital presses; and complete binding, mailing, fulfillment, and warehousing capabilities.

Printers warn on growing paper shortages (ft.com)

European printing companies have warned that industries such as food and consumer goods could suffer significant disruption to their supply chains because of a growing shortage of paper. Strikes by thousands of workers at mills owned by forestry group UPM-Kymmene in Finland have exacerbated paper shortages that started with an unexpectedly strong rebound in demand after lockdowns eased. “You’ve got paper prices spiking and everyone chasing too few tonnes,” said Iwan Le Moine, director of EMGE, a consultancy. “It’s an absolute mess.” Finat, which represents more than 1,000 European label producers, has warned of supply disruptions because of shortages in specialised paper types.
Back To Top
×Close search
Search