Printing Industry News for Canada | RSS |
2 November 2011
Xpedx to close operations in Canada
BRAMPTON, ON—The Canadian operations of Xpedx, a paper and supplies distributor to the printing industry, are being shut down. Sources close to the company tell us the announcement was made yesterday to the staff. About 100 employees will be affected by the closure. Four distribution centres in Toronto and Western Canada will close by Dec. 31, 2011. Walk-in store locations in Brampton and Markham will close by Nov. 30, 2011.
In a statement, Xpedx blamed economic decline for the closure. “The closure of our Canadian facilities is a reflection of the structural decline in the print marketplace,” said Mary Laschinger, president, Xpedx. “Going forward, our Xpedx growth strategy will focus on our U.S. and Mexico operations where our business is strongly positioned as we serve a wide variety of customers across multiple industries.”
Xpedx Canada opened its doors in August 2007, with a large distribution centre in Brampton and other stores in Southern Ontario. Mike Kearney, a 30-year veteran of the paper industry and former CEO of Coast Paper, was appointed to lead the new entity.
In 2009, Xpedx Canada bought Gould Paper, a distributor of fine papers in Vancouver, to reach major Western markets. Also in 2009 it became a master distributor for Ryobi presses, but that deal was undone when Xpedx in the U.S. ended its relationship with Ryobi in October of this year.
Xpedx is a division of International Paper.
In a statement, Xpedx blamed economic decline for the closure. “The closure of our Canadian facilities is a reflection of the structural decline in the print marketplace,” said Mary Laschinger, president, Xpedx. “Going forward, our Xpedx growth strategy will focus on our U.S. and Mexico operations where our business is strongly positioned as we serve a wide variety of customers across multiple industries.”
Xpedx Canada opened its doors in August 2007, with a large distribution centre in Brampton and other stores in Southern Ontario. Mike Kearney, a 30-year veteran of the paper industry and former CEO of Coast Paper, was appointed to lead the new entity.
In 2009, Xpedx Canada bought Gould Paper, a distributor of fine papers in Vancouver, to reach major Western markets. Also in 2009 it became a master distributor for Ryobi presses, but that deal was undone when Xpedx in the U.S. ended its relationship with Ryobi in October of this year.
Xpedx is a division of International Paper.
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