Divestitures
TC Transcontinental to Shut Owen Sound Printing Plant by End of January 2027, Affecting 360 Employees
By News Desk ·
Key takeaways
- TC Transcontinental will close its Owen Sound, Ontario printing plant by the end of January 2027.
- The closure affects about 360 employees at a site that has been part of the company since 1992.
- TC Transcontinental will keep roughly 40% of its workforce in Ontario, with operations in Vaughan, Aurora, Brampton, Paris and Mississauga.
TC Transcontinental will close its Owen Sound, Ontario printing plant by the end of January 2027, affecting about 360 employees, the company said in a GlobeNewswire release. The Montreal-based company is Canada's largest printer and a retail marketing services provider, according to company records.
TC Transcontinental's Owen Sound Closure
TC Transcontinental said the decision forms part of the optimization of its integrated national printing network. Patrick Brayley, the company's chief operating officer, said continuous productivity gains across the printing network and shifts in product mix allow production to be consolidated into other facilities. "We sincerely regret the effects it will have on our approximately 360 employees, their families and the Owen Sound community," Brayley said.
Sam Bendavid, TC Transcontinental's chief executive officer, said the company is pursuing growth in in-store marketing and specialty products and in educational publishing while stabilizing its traditional printing operations. "We must continue to take the necessary measures to make our organization even more competitive," Bendavid said. The Owen Sound site has been part of TC Transcontinental since 1992, and the company said it will offer career transition services to affected employees and work closely with customers during the transition.
TC Transcontinental will retain a strong presence in Ontario, with about 40% of its employees based in the province. Ontario operations include a Vaughan plant serving the Marketing and Information group, facilities in Aurora, Brampton and Paris for the in-store marketing and specialty products group, and a Mississauga site for the Content and Business Intelligence group. The company also operates facilities in British Columbia, Alberta, Manitoba, Quebec and Nova Scotia.
TC Transcontinental's Recent Moves
TC Transcontinental completed the sale of its packaging business to ProAmpac Holdings Inc. for $2.1 billion CAD on March 6, 2026, according to akta.pro company records. The transaction included a special distribution of $20.00 per share to shareholders. The same records show the company sold its Boucherville, Quebec warehouse to Placements Carrousel inc. for $34.9 million in May 2026, part of a real estate monetization plan announced in December 2023.
Owen Sound Plant Timeline
The Owen Sound plant is scheduled to close at the end of January 2027, the company said. TC Transcontinental said it will support employees throughout the transition with career transition services and will work closely with customers during the period.