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Recent Articles

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National Bank upgrades Transcontinental to outperform from sector perform with C$16 target, expects progress on organic growth, margin improvement in packaging, preservation of printing EBITDA in fiscal 2024; dividend hike could also come in Q1 2024

TC Transcontinental to phase out operations at its Tomah, Wisconsin, packaging plant in anticipation of facility’s complete closure in February 2024; operations will be transferred to plants in Michigan, Missouri, Illinois, Kansas, South Carolina

Globe and Mail and Canadian Press say TC Transcontinental to scrap Publisac, the flyer bundles local newspapers deliver to 2.5 million households outside city of Quebec as part of shift to thin leaflet delivered by Canada Post

Fire crews extinguish blaze at TC Transcontinental Packaging facility in Battle Creek, Michigan, on Oct. 3; no one was injured in fire, and cause of fire is undetermined at this time, officials say

CIBC conference highlights with Transcontinental: Packaging business gaining share despite industry volume headwinds, and destocking may be ending; CEO emphasizes cost pass-throughs and de-risked supply chains, sees further margin gains in fiscal 2024

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