Quebecor World
Encyclopedia
Quebecor World Inc. was a printing
subsidiary of Quebecor Inc.
based in Montreal
, Quebec
. It comprised a number of small and large print shops throughout the world. In 2010, Quebecor World (now known as Worldcolor) was acquired by Wisconsin-based Quad/Graphics
.
-based company. In 1988, it purchased the printing plants of Bell Canada Enterprises. This was followed by the 1990 purchase of Maxwell Graphics' shops.
in a US $2.7 billion deal to create Quebecor World. (World Color Press
was founded in 1904 in St. Louis, MO. World Color had pursued major expansions in 1996 and 1997, purchasing Ringier America
and Rand McNally
's Book Services Group.)
. In response, the company's Board of Directors named Wes Lucas
President and CEO, replacing Pierre Karl Péladeau
, and announced a reorganization of its American book and magazine platforms, closing plants in Kingsport, TN, and Brookfield, WI.
Quebecor World (USA) Inc. filed for Chapter 11 bankruptcy protection on January 21, 2008 at the United States Bankruptcy Court for the Southern District of New York, as well as for protection under the Companies' Creditors Arrangements Act at the Superior Court of Québec at Montreal.
In May 2009, Chicago-based printer RR Donnelley tendered an unsolicited bid to purchase Quebecor World, which was rejected as the company emerged from creditor protection in July (having changed its name back to "Worldcolor Press").
On July 2, 2010, Sussex, Wisconsin-based Quad/Graphics
printer purchased Worldcolor.
Printing
Printing is a process for reproducing text and image, typically with ink on paper using a printing press. It is often carried out as a large-scale industrial process, and is an essential part of publishing and transaction printing....
subsidiary of Quebecor Inc.
Quebecor
Quebecor Inc. is a communications company based in Montreal, Quebec, Canada. It was founded by Pierre Péladeau, and remains run by his family. Quebecor Inc. owns 55% of Quebecor Media Inc...
based in Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...
, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
. It comprised a number of small and large print shops throughout the world. In 2010, Quebecor World (now known as Worldcolor) was acquired by Wisconsin-based Quad/Graphics
Quad/Graphics
Quad/Graphics is an American printing company, based in Sussex, Wisconsin. It was founded on July 13, 1971, by Harry V. Quadracci, son of Harry R. Quadracci, whom the company website calls, "the Father of Web Offset Printing". The company has forty printing facilities in the United States, as well...
.
History
Quebecor Printing started in 1954 with a single printing press. It began its expansion outside of Canada in 1985, when it bought Pendell Printing, a Midland, MichiganMidland, Michigan
Midland is a city in the U.S. state of Michigan in the Tri-Cities region of the state. It is the county seat of Midland County. The city's population was 41,863 as of the 2010 census. It is the principal city of the Midland Micropolitan Statistical Area....
-based company. In 1988, it purchased the printing plants of Bell Canada Enterprises. This was followed by the 1990 purchase of Maxwell Graphics' shops.
Merger with World Color Press
In 1999, Quebecor Printing merged with World Color PressWorld Color Press
World Color Press Inc. was a company which provided high-value and comprehensive print, digital, and related services to businesses worldwide...
in a US $2.7 billion deal to create Quebecor World. (World Color Press
World Color Press
World Color Press Inc. was a company which provided high-value and comprehensive print, digital, and related services to businesses worldwide...
was founded in 1904 in St. Louis, MO. World Color had pursued major expansions in 1996 and 1997, purchasing Ringier America
Ringier
Ringier AG is one of the largest media corporations in Switzerland founded in Zofingen and based in Zürich. It publishes several newspapers and magazines in both German and French...
and Rand McNally
Rand McNally
Rand McNally is an American publisher of maps, atlases, textbooks, and globes for travel, reference, commercial, and educational uses. It also provides online consumer street maps and directions, as well as commercial transportation routing software and mileage data...
's Book Services Group.)
Financial struggles
Quebecor entered a difficult period in the early 2000s as the market has gradually shifted focus to digital mediaDigital media
Digital media is a form of electronic media where data is stored in digital form. It can refer to the technical aspect of storage and transmission Digital media is a form of electronic media where data is stored in digital (as opposed to analog) form. It can refer to the technical aspect of...
. In response, the company's Board of Directors named Wes Lucas
Wes Lucas
Wes W. Lucas was named SIRVA chief executive officer and board member in July 2008. From 2001 to 2006, Lucas served as chairman, chief executive officer and president of Sun Chemical, the world’s largest color company, with 300 operating plants and approximately $4 billion in annual sales. Prior...
President and CEO, replacing Pierre Karl Péladeau
Pierre Karl Péladeau
Pierre Karl Péladeau is President and CEO of Quebecor Inc., Quebecor Media Inc. and Sun Media Corporation. He was educated in Montreal and Paris. He holds a degree in philosophy from Université du Québec à Montréal and a law degree from Université de Montréal....
, and announced a reorganization of its American book and magazine platforms, closing plants in Kingsport, TN, and Brookfield, WI.
Quebecor World (USA) Inc. filed for Chapter 11 bankruptcy protection on January 21, 2008 at the United States Bankruptcy Court for the Southern District of New York, as well as for protection under the Companies' Creditors Arrangements Act at the Superior Court of Québec at Montreal.
In May 2009, Chicago-based printer RR Donnelley tendered an unsolicited bid to purchase Quebecor World, which was rejected as the company emerged from creditor protection in July (having changed its name back to "Worldcolor Press").
On July 2, 2010, Sussex, Wisconsin-based Quad/Graphics
Quad/Graphics
Quad/Graphics is an American printing company, based in Sussex, Wisconsin. It was founded on July 13, 1971, by Harry V. Quadracci, son of Harry R. Quadracci, whom the company website calls, "the Father of Web Offset Printing". The company has forty printing facilities in the United States, as well...
printer purchased Worldcolor.