MONTREAL – Transcontinental Inc. (TSX:TCL.A) has signed a five-year deal with Postmedia Network Inc. (TSX:PNC.B) to print the Vancouver Sun.
Transcontinental says the contract to print the newspaper, which is published Monday through Saturday, takes effect in early 2015.
The newspaper will be printed at Transcontinental Printing’s plant in Vancouver and will require no additional investments to accommodate the new business , the company said Thursday.
“This agreement builds on our recent announcement (with Postmedia) to print the Calgary Herald, which we started printing on Nov. 18,” said Brian Reid, president of TC Transcontinental Printing.
“Given the current pace of change in the newspaper industry, this additional agreement demonstrates the relevance of our printing platform and the renewed interest in our ability to help publishers across Canada become more efficient.”
Transcontinental is Canada’s largest printer and has about 9,500 employees in Canada and the United States.
It’s also a leading publisher of consumer magazines and of community newspapers in Quebec and the Atlantic provinces. The company also does door-to-door distribution of advertising material through its Publisac network in Quebec and Targeo in the rest of Canada. Transcontinental says it has a digital network of more than 3,500 websites, reaching more than 18.7 million unique visitors per month in Canada.