Quebecor World Signs Multi-Year Printing Agreement with Local Insight Media
Press release from the issuing company
Montréal, Canada (July 31, 2008) – Quebecor World Inc. announced that it has signed a multi-year printing agreement with Local Insight Media Holdings, Inc., expanding its volume of printing for the company. Under this long-term agreement, Quebecor World will print more than 450 directories for Local Insight Media, whose operating subsidiaries and affiliates provide lead-generating Yellow Pages directory and local search solutions for 370,000 businesses in 42 states and the Caribbean.
Quebecor World currently prints more than 350 directories for Local Insight Media's operating subsidiaries and affiliates. Under the new agreement, Quebecor World will progressively increase the volume of directories it produces for Local Insight Media. It will continue to supply the company from its network of printing facilities in the United States, Canada and Mexico.
"We are pleased to expand the scope of our printing relationship with Quebecor World," said Scott Pomeroy, President and CEO of Local Insight Media. "In addition to meeting our growing need for high-quality printed directories across a geographically diverse footprint, this agreement will enable us to realize significant operational efficiencies and enhance our competitiveness."
"Local Insight Media is an innovative directory publisher with a broad geographic footprint that demands multi-plant manufacturing and places a high premium on cycle time," said Jacques Mallette, President and CEO Quebecor World Inc. "At Quebecor World, we are pleased to commit to meeting Local Insight Media's needs and supporting their growth in all their markets for many years to come."
Kevin J. Clarke, President of the Quebecor World Publishing Services Group commented, "Local Insight Media and Quebecor World share a history of success, beginning with our relationship with their CBD Media directories business. We are delighted that they have chosen to significantly grow their business with us. We are committed to continuing to deliver superior products and service to Local Insight Media in the years ahead."