Plant Sale In Quebecor's French Efficiency Drive
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Quebecor World product story
Edited by the Printingtalk editorial team
Feb 28, 2005
Quebecor World has said that it intends to sell its facility in Torcy, France to a group led by local management.
Quebecor World has said that it intends to sell its facility in Torcy, France to a group led by local management.
The group has informed the appropriate French authorities and its employees' representatives.
The terms and conditions of the sale of the Torcy facility will be completed after a period of consultation with the appropriate authorities and the group said it does not anticipate incurring any restructuring charges as a result of the transaction.
The move is part of Quebecor World's plan to reorganise and improve efficiency in its French offset operations.
Quebecor said that it remains committed to the French market, as demonstrated by its recent decision to purchase an additional wide-web press for its facility at Mary-sur-Marne.
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