Quebecor World Inc. was a
printing
Printing is a process for mass reproducing text and images using a master form or template. The earliest non-paper products involving printing include cylinder seals and objects such as the Cyrus Cylinder and the Cylinders of Nabonidus. The ...
subsidiary of
Quebecor Inc. based in
Montreal
Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple- ...
,
Quebec
Quebec ( ; )According to the Government of Canada, Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is ...
. It comprised a number of small and large print shops throughout the world. In 2010, Quebecor World (now known as
Worldcolor) was acquired by Wisconsin-based
Quad/Graphics
Quad (formerly Quad/Graphics) is an American commercial printing company which offers marketing strategy and management services, based in Sussex, Wisconsin. It was founded as a printing company on July 13, 1971, by Harry V. Quadracci. Since 20 ...
.
History
Quebecor Printing started in 1954 with a single printing press. It began its expansion outside of Canada in 1985, when it bought Pendell Printing, a
Midland, Michigan
Midland is a city in and the county seat of Midland County, Michigan. The city's population was 42,547 as of the 2020 census. It is the principal city of the Midland Micropolitan Statistical Area, part of the larger Saginaw-Midland-Bay City Co ...
-based company. In 1988, it purchased the printing plants of
Bell Canada Enterprises
BCE Inc., formerly Bell Canada Enterprises Inc., is a publicly traded Canadian holding company for Bell Canada, which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc. Founded through a cor ...
. This was followed by the 1990 purchase of Maxwell Graphics' shops.
Merger with World Color Press
In 1999,
Quebecor Printing merged with
World Color Press in a US$2.7 billion deal to create Quebecor World. (
World Color Press was founded in 1904 in
St. Louis, MO. World Color had pursued major expansions in 1996 and 1997, purchasing
Ringier America and
Rand McNally
Rand McNally is an American technology and publishing company that provides mapping, software and hardware for consumer electronics, commercial transportation and education markets. The company is headquartered in Chicago, with a distribution ...
's Book Services Group.)
Financial struggles
Quebecor entered a difficult period in the early 2000s as the market has gradually shifted focus to
digital media. In response, the company's Board of Directors named
Wes Lucas President and CEO, replacing
Pierre Karl Péladeau
Pierre Karl Péladeau (born 16 October 1961), also known by his initials PKP, is a Canadian businessman, billionaire and former politician. He was also the MNA for Saint-Jérôme. Péladeau is the president and CEO of Quebecor Inc. He used to ...
, and announced a reorganization of its American book and magazine platforms, closing plants in
Kingsport, TN
Kingsport is a city in Sullivan and Hawkins counties in the U.S. state of Tennessee. As of the 2020 census, its population was 55,442. Lying along the Holston River, Kingsport is commonly included in what is known as the Mountain Empire, wh ...
, Phoenix, Arizona, and
Brookfield, WI
Brookfield is a city located in Waukesha County, Wisconsin, United States in the Milwaukee metropolitan area. It had a population of 37,920 in the 2010 census. Brookfield is the third-largest city in Waukesha County. The city is adjacent to t ...
.
Quebecor World (USA) Inc. filed for
Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...
bankruptcy protection on January 21, 2008 at the United States Bankruptcy Court for the Southern District of New York, as well as for protection under the
Companies' Creditors Arrangements Act
The ''Companies' Creditors Arrangement Act'' (CCAA; french: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million t ...
at the Superior Court of Québec at Montreal. At the time of bankruptcy, the company's clients included printing publications for
Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New ...
,
Parade (magazine)
''Parade'' was an American nationwide Sunday newspaper magazine, distributed in more than 700 newspapers in the United States until 2022. The most widely read magazine in the U.S., ''Parade'' had a circulation of 32 million and a readership of 5 ...
, and also catalogs for
Victoria's Secret
Victoria's Secret is an American lingerie, clothing, and beauty retailer known for high visibility marketing and branding, starting with a popular catalog and followed by an annual fashion show with supermodels dubbed Angels. As the largest r ...
.
In May 2009, Chicago-based printer
RR Donnelley tendered an unsolicited bid to purchase Quebecor World,
["U.S. printer to swallow former Quebecor World,"](_blank)
CBS News (January 26, 2010). which was rejected as the company emerged from creditor protection in July (having changed its name back to "Worldcolor Press").
On July 2, 2010, Sussex, Wisconsin-based printer
Quad/Graphics
Quad (formerly Quad/Graphics) is an American commercial printing company which offers marketing strategy and management services, based in Sussex, Wisconsin. It was founded as a printing company on July 13, 1971, by Harry V. Quadracci. Since 20 ...
purchased
Worldcolor.
Locations
Quebecor had facilities in the United States, Canada, Brazil, France, the United Kingdom, Belgium, Spain, Austria, Sweden, Switzerland, Finland, Chile, Argentina, Peru, Colombia, Mexico, and India.
Former QW plant in
Richmond Hill, Ontario
Richmond Hill ( 2021 population: 202,022) is a city in south-central York Region, Ontario, Canada. Part of the Greater Toronto Area, it is the York Region's third most populous municipality and the 27th most populous municipality in Canada. Ric ...
was shuttered in early 2009, but the
Aurora, Ontario
Aurora ( 2021 population: 62,057) is a town in central York Region in the Greater Toronto Area, within the Golden Horseshoe of Southern Ontario, Canada. It is located north of the City of Richmond Hill and is partially situated on the Oak Ridg ...
location was acquired by
Quad/Graphics
Quad (formerly Quad/Graphics) is an American commercial printing company which offers marketing strategy and management services, based in Sussex, Wisconsin. It was founded as a printing company on July 13, 1971, by Harry V. Quadracci. Since 20 ...
and since sold to
TC Transcontinental
Transcontinental Inc., operating as TC Transcontinental, is a Montreal-based packaging, commercial printing and specialty media company.
The company was established in 1976 as a direct marketing company, and later expanded into newspaper printin ...
in 2013.
See also
*
Worldcolor
References
4. http://www.cbc.ca/news/business/u-s-printer-to-swallow-former-quebecor-world-1.947690
External links
*
{{Authority control
Quebecor
Printing companies of Canada
Manufacturing companies based in Montreal
Companies that have filed for bankruptcy in Canada
Canadian companies established in 1954
1954 establishments in Quebec