Quebecor Printing Signs $250 Million Contract with US West, Acquires Directory Printing Plant

Strategic Insights -

Quebecor Printing has announced a significant strategic move by signing a ten-year contract valued at approximately $250 million to print directories for US West, a major regional American telco operating company. Coincidently, Quebecor Printing acquired the operations of US West's Directory Printing Plant in Loveland, Colorado, subject to approval under the Hart-Scott-Rodino Act. This transaction reinforces Quebecor Printing's commitment to the directory business and its confidence in the viability of printed directories.

Key Takeaways:

  • Quebecor Printing has signed a ten-year contract valued at approximately $250 million to print directories for US West, a leading publisher.
  • The contract reinforces Quebecor Printing's commitment to the directory business and its confidence in the viability of printed directories.
  • The acquisition of US West's Directory Printing Plant in Loveland, Colorado, will allow Quebecor Printing to expand its operations and serve the North American directory market.
  • Quebecor Printing is now positioned to serve regional and national companies that publish on both sides of the Mississippi.
  • The company's operations in Hazleton, Pennsylvania; Bromont, Quebec; Richmond Hill, Ontario; and Edmonton, Alberta, will complement the acquired facility.

The $250 million contract represents a significant strategic partnership between Quebecor Printing and US West, highlighting the importance of printed directories in the rapidly expanding directory market. The acquisition of the US West's Directory Printing Plant positions Quebecor Printing as a leader in the North American directory market, capable of servicing regional and national companies.

Statistics:

  • $250 million: Value of the ten-year contract with US West.
  • 10 years: Duration of the contract.
  • 22,000: Number of employees working in Quebecor Printing's 86 plants worldwide.
  • 86: Number of plants operated by Quebecor Printing worldwide.

Sources:

  • IRW 3 July 1995
  • Ontario Securities Commission (Directions: Quebecor Printing Inc. Subordinate Voting Shares: Listing Application)
  • Business Wire 5 July 1995