14 January 2014
Transcontinental cuts affect two plants
MONTREAL—Around 90 employees have been let go at Transcontinental Printing's facility in Aurora, Ont., and two web presses have been shut down and are set for dismantling.

In Edmonton, 40 layoffs have been scheduled in a phased reduction that should be completed by Jan. 24. One machine is scheduled for dismantling. The cutbacks were "driven by market conditions and excess production capacity," said Jennifer McCaughey, senior director of investor relations and corporate external communications.

Headquartered in Montreal, Transcontinental is the largest printer in Canada according to Graphic Monthly Canada's Gold List, with $2.1 billion in revenue reported for the fiscal year of 2013.

Comments:
5. Shawn says:
13 February 2014 at 10:21 AM
Who is hiring, Marc???
4. Rburke says:
15 January 2014 at 4:33 PM
if only they would sell their presses.....
3. Marc Ransom says:
15 January 2014 at 3:53 PM
We are hiring
2. Veteran says:
15 January 2014 at 9:28 AM
More sad news for the industry...from another giant who bit off more than they could chew...feel for the ones affected.
1. Rmm says:
14 January 2014 at 9:11 PM
Here we go again - no surprise!
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Started in a Trade Shop says:
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