TC Transcontinental closes Owen Sound printing facility, losing 360 jobs
- Reports
- 4
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
What happened
TC Transcontinental announced the closure of its printing facility in Owen Sound, with the shutdown scheduled for January. The closure will result in the loss of 360 jobs. Mayor Ian Boddy stated that the operation has been a significant employer in the community since 1992.
Why it matters
The closure affects a long-standing employer in Owen Sound, which has roots dating back to 1907. City Council, Grey County, and Georgian College are coordinating efforts to understand the impact on employees and the broader community.
Who's involved
- TC TranscontinentalCompany closing the printing facility in Owen Sound
- Owen SoundCity where the printing facility is located
- city councilLegislative body coordinating the community response
- Grey CountyCounty involved in the coordinated regional response
- Georgian CollegeCollege partnering with City Council to monitor the impact
- Ian BoddyMayor who commented on the plant closure
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- city councilSpeculative
City Council might face increased costs related to managing the economic fallout and supporting affected employees.
- Grey CountySpeculative
Grey County might need to increase investment in regional support services for displaced workers.
How it developed
Newest first. Tap a step to see who reported it.City Council partners with Georgian College to monitor the impact of the TC Transcontinental plant closure.1 source
TC Transcontinental announces the closure of its printing facility in Owen Sound.1 source
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The entities involved
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TC Transcontinental
Publishing, media and marketing company
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Owen Sound
city in Ontario, Canada
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