Komori America recently completed the installation of a six-color Lithrone GX40 (GLX640) at Nosco, a full-service packaging solutions provider serving a roster of household brands in a variety of industries. Headquartered in Gurnee, IL, Nosco is a subsidiary of Holden Industries, Inc., which is a 100 percent employee-owned company. Nosco became familiar with the advanced technology and reliability Komori presses deliver when the company acquired two companies that were already operating Komori presses. Understanding value, total cost of ownership and product lifecycle management are important to Nosco when investing in conventional print technology. Through its recent company acquisitions, Nosco gained an enlightened first-hand experience with Komori’s low maintenance, minimal downtime and productivity performance, leading to the selection of the GLX640 over competitive machines being considered. “We have aggressive growth targets and with this press we are able to meet them,” said Russ Haraf, president of Nosco. “We looked at several options, even some used options. We chose a new Komori Lithrone GX40 because Komori’s value proposition is aligned with an industry where the product lifecycle is changing rapidly." Click Read More below for additional information.
Transcontinental Inc. (TSX: TCL.A TCL.B) announces today the consolidation of its newspaper printing activities in Québec into three plants, and consequently the closure of Montréal-based Transcontinental Métropolitain in late January 2018. The printing activities will be mainly transferred to the Transcontinental Transmag plant in Montréal, which has state-of-the-art equipment. The regional plants of Transcontinental de la Capitale in Québec City and Transcontinental Qualimax in Gatineau will also take in volume upon transfer of activities which will take place progressively beginning in early January.
This decision was made in the context of the decline in the newspaper printing market, and more specifically in connection with the upcoming end of the printing of La Presse newspaper. The plant closure will enable the Corporation to optimize its newspaper printing platform in order to stay competitive. Customers will continue to be served with quality products by TC Transcontinental Printing’s network and its talented teams.
The Transcontinental Métropolitain plant currently has close to 60 employees. TC Transcontinental believes it will be able to offer employment opportunities to the majority of them within its other business units since there are several positions to be filled at the moment and others that will need to be filled in the coming months. Nevertheless, some job losses will result from the closure of the plant. TC Transcontinental would like to thank all employees for the exceptional work they have accomplished at Transcontinental Métropolitain and wishes them the very best in their professional journey, whether it continues at TC Transcontinental or leads them to new horizons.
We note that Transcontinental Métropolitain was built in 2003 and, in its early days, was primarily dedicated to printing La Presse daily newspaper and its related products. Over the years, other products, namely newspapers of independent publishers and those of TC Media, were added on to the plant’s book of business.