Quebecor World Emerges From Bankruptcy; Will Be Renamed World Color Press
Quebecor World Inc. announced yesterday that it has successfully emerged from U.S. and Canadian bankruptcy protection, and that the company has been renamed World Color Press Inc.
Quebecor said it will announce a "renewed branding initiative during the next 60 days."
"This is an important and exciting day for the company, its customers, suppliers and employees. I would like to thank everyone who has supported us through this process," said Jacques Mallette, president and CEO. "The restructuring and reorganizing process has made us financially healthier and allowed us to start fresh with a strong balance sheet and a leaner cost structure. We believe the company is now better positioned to meet the present and future competition in the industry and to create value for our
stakeholders."
- People:
- Jacques Mallette
- Places:
- U.S.
