Magazine printer Transcontinental is closing its facility in Boucherville, Quebec. The shut-down is expected to happen on December 17.
As a result, 180 employees at that facility will be out of work. Transcontinental says those staffers will receive severance packages and job placement services.
Teamsters Canada, a workers union, issued a statement on the Transcontinental plant closure: "Our members are all in shock and so are we," said Serge Bérubé, president of local 1999 of the Teamsters union. "But some of our members noted that the plant had been on artificial life support for some years now."
According to Jacques Grégoire, Transcontinental’s magazine, book and catalogue group senior vice president, the company “has invested heavily in new printing technologies that have made it significantly more efficient and augmented its production capacity. Today, because of the major structural changes in the printing industry that have led to decreased demand in certain niche markets, Transcontinental is faced with overcapacity in the book, catalogue and magazine segment of its print network.”