QUEBECOR EXPANDS RETAIL BUSINESS UNIT
By Adnews Staff
Montreal-based Quebecor World Inc. plans to acquire Retail Printing Corporation of Taunton, MA. Financial details were not disclosed. Retail Printing produces advertising flyers in its two printing plants in Taunton and Nashville, TN. The company employs 400 people and counts national and regional retailers and grocers among its customers. According to Quebecor World, the acquisition enhances its strength as the only printer providing both long-run and multi-versioning printing services to retail and newspaper insert customers across the entire continent. Retail Printing's two locations will be combined into Quebecor World's existing Retail Business Unit comprised of 19 plants in North America. Marc Reisch, chairman, president and chief executive officer of Quebecor World North America, said, "Retail Printing Corporation is a highly efficient, low-cost producer of retail and newspaper inserts that will be a great addition to Quebecor World." The deal is expected to close next month.