Transcontinental

Rumors flying around that Transcontinental has aquired the Canadian part of Quad or just Aurora.

My guess we will know next week.Joel thinks this will send his stock up,by unloading the under performing/costly Canadian division.(dam those Canadians ,they have laws that protect the workers)He can then start unloading some of his stock in order to purchase his new 60 foot yacht "Got Ya".And to all the Quadbotts sorry "Quad 1" is leaking at the seams and sinking fast,but don't worry your all part of the family. We have alot more World Color Plants to close to keep work here in cheese land and when that runs out...well its been a slice (get it Cheese)Hey did you check the new blueberry kool-aid in the cafe.

Not sure if that's good news or not. They would just put work in their existing plants and close us down.

Just read article about Transcontinental and Hearst signed a deal June 1 2011. Is this going to affect Quad business with Hearst.

funny thing wrote:

Hey did you check the new blueberry kool-aid in the cafe.

In the St. Cloud plant they installed a Gatoraid machine for the workers to drink from. Sort of ironic if you think about it.

And we printed our first pornographic material the other day. We really are part of the Quad family now!!

Agree that I am not sure if it is good news or not but leaning towards good news. We don't have too many jobs left to do at Aurora with the layoffs we had two weeks ago. Anything is better than the present situation.

OntimeMail wrote:

And we printed our first pornographic material the other day. We really are part of the Quad family now!!

Ooooh aaaah. Pornography. Big deal. Feeds the family doesn't it??

Hey St. Cloud, what is happening with the workers agreement in your plant? Heard that Dave Blaze and Ray Minturn were in a few weeks ago to talk to the committee. Just wondering how its going for you guys.

Lawyer coming in 2 weeks to resume "negotiations", I believe he arrives on the 20th

OntimeMail wrote:

And we printed our first pornographic material the other day. We really are part of the Quad family now!!

what plant is that?

So ya know wrote:

<quoted text>what plant is that?

Use your own name b!tch.

So ya know wrote:

<quoted text>what plant is that?

St. Cloud

CleeTaurus wrote:

Rumors flying around that Transcontinental has aquired the Canadian part of Quad or just Aurora.

Reliable source has it that WATCHTOWER CANADA is buying Quad Concord location and is moving the MAN press to its facility in Ontario.

So ya know wrote:

<quoted text>Use your own name b!tch.

Lack of their own identity. Freude would enjoy that person. What manifests in a person's mind for people to try to be someone who they are not??? Call human services so they can intervene. They might have a helpline that person could reach.

the militant wrote:

<quoted text>Lack of their own identity. Freude would enjoy that person. What manifests in a person's mind for people to try to be someone who they are not??? Call human services so they can intervene. They might have a helpline that person could reach.

more like pavlov's dog every time I post using my own name. It like a bell ringing and the fake one gets man and calls me names LMAO

Woof woof lmao

So ya know wrote:

<quoted text> more like pavlov's dog every time I post using my own name. It like a bell ringing and the fake one gets man and calls me names LMAO

It is just someone upset with their own insecurities. They are trying to be noticed. Bad attention is better than no attention. But consider it as a compliment that they want to try to be like you. But you can tell by the writing that there is a difference in the intellect. Unfortunately for them.

would you two dribbling knuckle bangin morons PALEEEAASE have a look at the title of this forum and go start your own...for once...just once stay with the topic...if you ask me you are both of the same cloth...if you don't have something to add to this particular topic just keep you damn c@cks@ckers shut...huh???...think you can manage that??

Today I am writing to share that we have entered into an agreement with Montreal-based printer Transcontinental whereby Quad/Graphics will acquire Transcontinental’s Mexican operations and we will sell Transcontinental our Canadian operations (with the exception of the Vancouver facility).

Also as part of the agreement we will receive a portion of Transcontinental’s Canadian book printing business that is produced for U.S. export.

This is a big decision for us as a company and one we gave considerable thought. I am confident that it is the right decision for our business because of the value it will create long term.

Under terms of the agreement we will sell Transcontinental our facilities in Aurora, Concord, Dartmouth, Edmonton, LaSalle, Montreal and Toronto (Que Net Media). Our Vancouver facility will remain part of Quad/Graphics and will be used to produce inserts for U.S. retailers.

In return, we will acquire Transcontinental’s three facilities in Azcapotzalco, Toluca and Xochimilco, Mexico. This will allow us to build on our existing presence in Mexico and position ourselves to be a leader in a country that has a growing middle class with a population three times the size of Canada.

For more details about today’s announcement, please read our press release. As I have communicated frequently, our global strategy is to grow profitably in geographies and segments where we can be a market leader through a diverse product offering, and a superior and efficient operating platform.

Canada is a highly competitive print market and to drive growth there would have required a substantial capital investment in our platform. We were prepared to make that investment; however, when Transcontinental approached us with a proposal to grow our presence in Mexico, we revisited our plans for Canada.

Ultimately, we decided it would be better for our business long term to divest in Canada and focus on the tremendous growth opportunities in Mexico.
For all of you in Canada, I realize today’s announcement brings uncertainty. Your journey over the past few years has not been easy. Nevertheless you’ve always shown yourselves to be dependable and hard working, and I thank you for performing well for our customers.

Transcontinental is a good printing company that has a long-standing reputation for taking care of its people. The next few months will be busy as we finalize this agreement, which includes obtaining all required regulatory approvals. The agreement allows for the Mexican and Canadian transactions to close independently of each other; however, both are expected to close this fall.

Until then, it is business as usual, so please continue to keep your competitive focus. Transcontinental and Quad/Graphics remain separate and independent companies, and our customers are depending on us to continue performing well.

Thank you. I will update you on the progress of the transactions as appropriate.

Joel Quadracci
Chairman, President & CEO