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Worldcolor announces consolidation of its Toronto area operations

Wednesday, January 20, 2010

Press release from the issuing company

Montréal, Canada – Worldcolor today announced that it is consolidating its Toronto, Ontario area magazine, catalog and in-line direct mail operations into one, multi-purpose facility. The Company's Toronto area production facilities and sales offices will be located at Worldcolor's Aurora plant. This consolidation is part of an ongoing reorganization initiative that is designed to enhance customer service and improve efficiency. As part of this initiative, operations conducted at Worldcolor's Richmond Hill facility will be transferred to the Aurora plant.

"This consolidation will allow us to provide our Ontario-based customers the same scope and quality of services in one multi-purpose facility," commented Regis Rehel, President Worldcolor Canada. "This consolidation is the result of careful analysis and planning that will allow us to reduce our cost structure while improving service to our customers."

Worldcolor's Aurora facility will produce magazines, catalogs, retail inserts and inline direct mail products for Canada's leading publishers and retailers. The consolidation of the Toronto area operations will result in the reduction of approximately 200 employee positions. Approximately 50 new positions will be created at the Aurora facility. The consolidation is expected to be completed by the end of March, 2010.




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