Transcontinental Inc., which is expected to begin printing the San Francisco Chronicle later this month in Fremont, Calif., disclosed it’s in discussions with other northern California newspapers that might want to move their production to the new plant.
According to a Canadian Press story posted last Friday, Transcontinental Chief Executive Officer and President Francois Olivier said the firm is talking to local publishers about printing their newspapers.
Transcontinental declined additional comment, but told News & Tech it expects to release information about the Fremont plant later this week.
The developments come as Transcontinental posted a loss of $144 million during the second quarter. The printer said it would cut its staff by another 250 workers as a result of the loss. Earlier this year Transcontinental cut its workforce by 1,500 and closed several plants.
Monday, June 15, 2009
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