Business News

Quebecor World Signs Multi-Year Renewal Agreement to Print Forbes Magazines

Tuesday 21. April 2009 - Quebecor World Inc. (TSX:IQW) will continue to print Forbes and related magazine titles well into the next decade under a new multi-year agreement with the New York-based publisher.

The agreement includes premedia and logistics services, providing Forbes a true end-to-end service solution. It also extends a supplier relationship that has been in place more than 25 years.

Forbes is the nation’s leading business magazine, with a North American circulation of more than 900,000 and published bi-weekly (26 times per year). The agreement also covers the printing and distribution of ForbesLife and ForbesLife Executive Women, as well as related ancillary printing projects.

“Forbes is one of the most distinctive and distinguished of all magazines, and we are truly honored to be its printer,” said Kevin J. Clarke, President of Quebecor World’s Publishing Services Group. “At a time when the business and financial worlds are in turmoil, we have been working with Forbes to make continuous improvements in cycle-time reduction. Our end-to-end solutions, which help Forbes manage production from premedia through logistics and distribution, ensure that Forbes is able to be increasingly timely and efficient in its publication delivery.”

Scott Masterson, Forbes’ Senior Vice President and General Manager, says: “Quebecor World’s commitment to continuous improvements has been a hallmark of our business partnership over these many years. Innovations such as the premedia service center Quebecor World maintains on our site, and the extensive logistics operations that help control our distribution and postage costs, have helped us achieve optimum levels of flexibility, quality and efficiency throughout our production workflow.”