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With revenues of $5.7 billion (USD), Quebecor World has operated under bankruptcy protection this year, buttressed by $1 billion debtor-in-possession financing. This has allowed it to restructure and continue to win new business. It is now in negotiations to exit bankruptcy.

“We continue to make the necessary investments in process, people and equipment as we work towards our stated goal of exiting creditor protection as a strong participant in our industry,” says Jacques Mallette, Quebecor World CEO.

Brian Freschi, president of Quebecor World Marketing Solutions Group, says his firm is the only North American printer with 3.5 meter gravure and 72” short cutoff offset insert webs, which provide throughput and paper savings. Freschi says the firm has kept "close watch" on what its clients need. "Retail inserts continue to be one of the most effective ways to reach customers and drive in store traffic," he says.

The new presses will feature "an entirely new format capability to reduce paper consumption, shorten cycle time and reduce delivery costs,” according to Freschi.

"With commodity prices continuing to increase dramatically, our customers are under constant pressure," says Mike Bloomfield, an exec VP at the printer.

Quebecor Worlde employs 23,000 at some 100 printing and related facilities in the U.S., Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru.

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