10 September 2013
Postmedia to sell plants, outsource Herald
CALGARY—Postmedia newspapers, in a bid to cut costs, will be putting the Calgary Herald building in Alberta and the Kennedy Heights printing plant in British Columbia up for sale.

TC Transcontinental Printing has inked a five-year agreement with Postmedia Network to takeover printing of the Calgary Herald paper, taking effect Nov. 2013. Union reps in Vancouver have been asked by Postmedia to "develop alternatives" to the Kennedy Heights plant, which prints the Vancouver Sun and the Province.

The Calgary Herald reports that Postmedia suffered a loss of over $112 million in the most recent quarter. In the third quarter of 2012, the company's operating loss was over $95 million, against an operating income of $4.1 million.

According to the CBC, 60 Postmedia printing staff in Calgary are expected to lose their jobs. This follows recent sales of facilities in Don Mills and Windsor, Ont. CBC News quotes a Postmedia rep as saying, "it's just not efficient for us to continue printing on our own."

The Calgary Herald will be printed out of TC Transcontinenal's facilities in Calgary using the company's existing hybrid platform. Founded in 1883, the paper publishes Monday to Saturday with a daily circulation of 80,000 copies.

"This is great news for TC Transcontinental Printing and for the Calgary Herald," said Brian Reid, president of TC Transcontinental Printing, in a release. "Given the current pace of change in the newspaper industry, this contract demonstrates, once again, the success of our unique newspaper outsourcing model with publishers."

TC Transcontinental prints a number of publications including the large portfolio of magazines produced by the TC Media division, the Globe and Mail newspaper, and the Rogers' group of magazines, which includes Walmart Live Better, the largest circulation mag in Canada.

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