Quebecor World Inc.

Quebecor World Inc.

April 05, 2006 14:03 ET

Quebecor World Announces Investment in Book Platform

MONTREAL, CANADA--(CCNMatthews - April 5, 2006) - Quebecor World Inc. (TSX:IQW.SV)(NYSE:IQW) is pleased to announce that it is significantly enhancing service to its global book customers through the implementation of its three-year strategic investment plan and through improved integration of its North American, Latin American and European Book platform.

Kevin J. Clarke, President of Quebecor World Book and Directory Publishing Services explained, "We have two strategic objectives. First, we are investing in new, high speed, automated make-ready equipment in the US to serve clients where runs are short and time is the priority. Second, we now offer seamless and cost effective service for more labor intensive products from Latin America."

In its trade plants Quebecor World is installing two new wide web MAN presses in Fairfield, PA to complement the new MAN press that successfully started up in Taunton, MA last autumn. Fairfield and Martinsburg will also see the installation of new computer to plate systems, and new casing-in equipment. Martinsburg, WV will see press upgrades while Taunton will see added case making and integrated bindery equipment. Selected assets are being redeployed to other Quebecor facilities in North America, Europe and Latin America. The significant enhancement to Quebecor World's trade capabilities and the link to a wider network will help ensure Quebecor World's continued leadership in the Adult Trade segment.

In the mass-market segment, Quebecor World is installing two Timson presses. These new presses will deliver faster make-readies and greater throughput than other wide-web presses in the market today. In the reference and educational book segment in addition to new, more efficient presses Quebecor World will be offering its customers improved binding capacity with the installation of new state-of the-art , highly automated bindery equipment.

For those products where cost is paramount and where there is a higher labor content, Quebecor World offers integrated service between its US and Latin American book plants. Quality and service systems have been standardized between the US and Latin America. Files are transferred electronically via a fiber optic network. Finished goods are delivered daily to the U.S. market from Mexico and weekly from Bogota, Colombia and Lima, Peru.

"US publishers like the option of more cost effective product with faster deliveries than are possible from Asia, said Guy Trahan, President of Quebecor World Latin America. "This is the reason that Quebecor World's Latin American sales to US customers grew by approximately 75% from 2004 to 2005 and it is why we expect continued growth in 2006."

In order to support this rapid growth, particularly in the educational, juvenile and religious segments, Quebecor World has redeployed selected assets to Mexico and significant additional book assets are being added to Bogota, and Lima in 2006. Individual Latin American plants are increasingly specialized in selected book products in order to improve efficiency and in order to offer publishers superlative, product specific service.

Quebecor World Inc. (NYSE:IQW, TSX:IQW.SV) is one of the largest commercial printers in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World has approximately 31,000 employees working in more than 130 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.

Contact Information

  • Quebecor World Inc.
    Tony Ross
    Director, Communications
    (514) 877-5317
    (800) 567-7070
    Quebecor World Inc.
    Roland Ribotti
    Senior Director, Investor Relations and
    (514) 877-5143
    (800) 567-7070