TC Transcontinental will close its RBW Graphics printing plant in Owen Sound, Ontario, at the end of January 2027, eliminating 360 jobs. Employees were told at an all-hands meeting on 14 October 2026. A local editor said the group has been consolidating print operations at other plants; the site's workforce had fallen from more than 600 in 2015 to about 400 by 2020 after a Rogers magazine contract ended in 2019.
Why this mattersThe closure removes a 400,000-square-foot print site as Transcontinental concentrates printing work at its other plants.
- 360 jobs go when the plant closes at the end of January 2027
- Employees were told at an all-hands meeting on 14 October 2026
- The plant employed more than 600 people at its 2015 peak, when it held a Rogers magazine printing contract
- The Rogers contract ended in 2019 and the workforce fell to about 400 by 2020
- RBW Graphics has operated in Owen Sound since 1907, in its current 400,000-square-foot facility since the 1970s
- According to the Owen Sound Current editor, Transcontinental has been consolidating print operations at other plants
- The City of Owen Sound has formed a Transitional Working Group to coordinate support for affected employees
- The group includes Grey County's Economic Development Team, Georgian College and Employment Services Bruce Grey Huron and Perth
- City Manager Tim Simmonds and MPP Paul Vickers are assessing the wider economic impact on Grey County
ProAmpac has completed its USD 1.51bn acquisition of TC Transcontinental Packaging, a deal first disclosed in December 2025; TC Transcontinental recorded the closing of the packaging sale on 6 March 2026. The acquired business runs 25 facilities with 3,500 employees in extrusion, printing, lamination, converting and recycling, serving agriculture, beverage, dairy, meat and pet food customers. TC Transcontinental is concentrating on retail services and printing and educational publishing and paid a special distribution of USD 14.14 (CAD 20.00) per share on 20 March 2026 out of the proceeds.
Why this mattersNorth American flexible packaging consolidates further: ProAmpac adds 25 plants in protein, dairy and pet food formats, while converting customers lose a bidder at contract renewal.
- ProAmpac acquired TC Transcontinental Packaging for USD 1.51bn; TC Transcontinental recorded the closing of the packaging sale on 6 March 2026.
- The transaction was first disclosed in December 2025.
- The acquired business comprises 25 facilities and 3,500 employees across extrusion, printing, lamination, converting and recycling.
- TC Transcontinental paid a special distribution of USD 14.14 (CAD 20.00) per share on 20 March 2026, funded by the packaging sale.
- TC Transcontinental will focus its remaining business on retail services and printing and educational publishing.
- TC Transcontinental's Q3 FY2026 revenue from continuing operations was USD 216.4m (CAD 306.0m), up 3.8% year on year, with net earnings of USD 26.1m (CAD 36.9m).
- Operating earnings for Q3 FY2026 (quarter ended 26 July 2026) rose 126.8% to USD 47.2m (CAD 66.9m) from USD 20.8m (CAD 29.5m).
- The company sold two buildings for net consideration of USD 25.7m (CAD 36.5m), boosting the quarter's earnings.
- A nationwide rollout of the raddar loyalty programme, completed in mid-June 2026, lifted revenue in the Retail Services and Printing Sector.
