Globe and Mail signs printing contract with Transcontinental
By Adnews Staff
The Globe and Mail has signed a long-term contract with Transcontinental to print the newspaper in all parts of Canada except the Prairies. The 18-year contract, worth $1.7 billion, will come into effect when the paper's current printing contracts expire in 2010. Before then, Transcontinental plans to buy new high-speed presses capable of printing in full-colour on all pages of the newspaper. The company will print the newspaper in Halifax, Montreal, Calgary and Vancouver. It will establish a new printing facility in Toronto specifically to handle the Globe work. The Prairie region contract has yet to be awarded. "This is a sign of our continued confidence in the future of the newspaper business," said Phillip Crawley, publisher and CEO of the paper. "High-quality colour production capacity has always been a key point of distinction for the Globe. It means we can make the best use of photos and graphics for our readers, and it gives our advertisers new opportunities for high-impact creative executions." The Globe and Mail is a division of CTVglobemedia.