A TC Transcontinental sign is pictured at the company's annual general meeting in Montreal on March 11, 2014. THE CANADIAN PRESS/Graham Hughes
September 24, 2020 - 4:00 PM
MONTREAL - TC Transcontinental says it will close its printing activities in Winnipeg early next year in a move that will result in the permanent layoff of 110 employees.
Operations will be transferred gradually over the next few months to Transcontinental RBW Graphics in Ontario and, to a lesser extent, to Transcontinental Calgary in Alberta.
Brian Reid, president of TC Transcontinental Printing, says the move is needed to "protect the long-term financial health of our sector" by aligning the capacity and costs of its platform to business volumes.
He says that after a thorough analysis, the Winnipeg facility will close Jan. 31.
Some customer service and sales employees will remain in place to serve Coronet customers.
Montreal-based Transcontinental has about 8,500 employees, mainly in Canada, the U.S. and Latin America.
This report by The Canadian Press was first published Sept. 24, 2020.
Companies in this story: (TSX:TCL.A)
News from © The Canadian Press, 2020