Transcontinental to lay off 120, close 2 printing plants in Alberta, Ontario

MONTREAL – Transcontinental Inc. (TSX:TCL.A) will close two of its printing plants at the end of December, resulting in 120 layoffs.

One of the printing plants is near Toronto in Concord, Ont., and the other is in Edmonton.

The Montreal-based printing and publishing company says it’s concentrating production in more efficient printing plants.

Transcontinental has Canada’s largest commercial printing business. It also publishes publishes more than 30 magazines, including Canadian Living and Elle Canada, as well as books, newspapers and websites.