Quebecor Signs $150M Magazine Production Deal
Montreal-based printing house Quebecor World has signed a U.S. $150 million deal to print all 67 magazine titles published by Rogers Publishing, Canada's largest magazine publisher, in a deal announced yesterday.Quebecor described the agreement as "long term" but did not reveal the time limit of the contract. Rogers Publishing titles include Chatelaine, Flare, Today's Parent, MacLean's, L'actualite, Canadian Business and MoneySense.
The printing firm's plants in Aurora and Richmond Hill, Ontario, will produce most of the Rogers Publishing titles.
Quebecor claims to be the world's largest commercial printer, with 40,000 employees and 160 facilities. On Nov. 19, the company said it had added a new web press in Vancouver for the production of retail advertising inserts for both the national and regional markets in North America.
Quebecor also is building a 196,000-square-foot facility in Riverside, CA, and has said it plans to boost its assets in eastern Canada.
