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Transcontinental announced on Tuesday it is closing the Transcontinental Québec printing plant on Jean-Perrin St. in the Old Quebec quarter, which will result in 140 jobs lost by April 30.

The company says it will transfer printing of marketing products — brochures and commercial flyers — to other plants, particularly Transcontinental Interglobe in Beauceville, a 92 km drive away.

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“We have to review the use of our facilities to better optimize our platform,” explained Jennifer McCaughey, vice-president of communications for TC Transcontinental.

The company promises that employees will be accompanied in their career transitions.

“Despite this reorganization of our activities, we’re keeping our sales team in Quebec,” she said.

She explained that for now, equipment will remain in place, but the building has been put up for sale.

Asked about the possibility of other plants closing, the spokesperson did not want to speculate.

“We are constantly evaluating our production sites, the clientele, the market. In the current economic context, it’s difficult to predict the future,” she said.

TC Transcontinental is the largest printing company in Canada. It also owns newspapers and digital media, including the Métro newspaper in Montreal. It has more than 8,000 employees in Canada and the United States, with revenues of $2 billion in 2015.