Transcontinental to print San Francisco Chronicle
Nov 22, 2006 10:00 AM
Transcontinental (Montreal) has signed an exclusive 15-year contract with Hearst Corp. to print the San Francisco Chronicle daily newspaper and its related products, as well as provide complete postpress services. North America's seventh-largest printer and Canada's leading newspaper printer is slated to begin production in spring 2009 in a new plant it will equip with state-of-the-art technology in the San Francisco Bay Area. The contract with the Chronicle plus the printing of other products at this new facility will surpass $1 billion (U.S.) in total revenues over the 15-year period. Transcontinental's total investments are estimated at over $200 million U.S. ($228 million Canadian).
Founded in 1865, the San Francisco Chronicle is the Bay Area's principal newspaper. It had the U.S.'s 14th largest ABC-verified circulation as of September 30, 2006 (Monday to Friday, 373,805; Saturday, 383,378; Sunday, 432,957), with a readership of 1.2 million per Sunday.
The Chronicle is one of 12 daily and 20 weekly newspapers owned by Hearst, also one of the world's largest publishers of monthly magazines.
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