Quebecor Invests in Inserts

MONTREAL—Quebecor World Inc. has signed a definitive agreement to purchase Retail Printing Corporation, Taunton, Mass., which operates printing plants in Taunton and Nashville, Tenn. Terms of the transaction were not disclosed.

The Taunton and Nashville facilities will become part of Quebecor World's retail business unit of 19 manufacturing sites in North America. Retail Printing has annual sales of approximately $100 million and employs about 400 people.

"Retail Printing Corporation is a highly efficient, low-cost producer of retail and newspaper inserts that will be a great addition to Quebecor World," reports Marc Reisch, chairman, president, and chief executive of Quebecor World North America.

Reisch also announced the purchase of a 39x72" Goss C700E web press for the Merced, Calif. plant.

Commenting on both transactions, Reisch says, "This acquisition on the East Coast and our capital expansion in the West extends our retail platform, allowing us to offer national and local marketers the advantages of our long-run rotogravure capability complemented by the flexibility of our offset network. No other printer in North America offers its customers the value of long runs combined with the targeting of shorter runs."