SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For PRESS RELEASE ISSUED ON MAY 7, 2001
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QUEBECOR WORLD INC. (FORMERLY KNOWN AS QUEBECOR PRINTING INC.)
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(Translation of Registrant's Name into English)
612 SAINT-JACQUES STREET, MONTREAL, QUEBEC, H3C 4M8
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(Address of Principal Executive Office)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F)
Form 20-F Form 40-F X
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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Press Release
of
QUEBECOR WORLD INC.
(Formerly known as Quebecor Printing Inc.)
Filed in this Form 6-K
Documents index
1. Press Release dated May 7, 2001 (#12/01)
[LOGO QUEBECOR WORLD]
MAY 7, 2001 12/01
FOR IMMEDIATE RELEASE Page 1 of 1
QUEBECOR WORLD EXPANDS FACILITIES IN LATIN AMERICA
WITH SIGNING OF ARGENTINEAN PRINTING AGREEMENT
MONTREAL & BUENOS AIRES - Quebecor World Inc. today announced a further
expansion of its Latin American operations as a result of the signing of a ten
year (5yr. + 5yr.) printing agreement with Editorial Estrada, a leading
Argentinean publisher of school textbooks. The contract is valued at over US$30
million through its term, and services offered by Quebecor World under the terms
of the contract will be invoiced in $US. As part of the agreement Quebecor World
will acquire the printing assets of Editoria Estrada which will be redeployed to
existing book manufacturing facilities in Bogota, Colombia and Buenos Aires,
Argentina, thereby reducing overhead costs and improving the economies of scale
in the existing plants.
Guy Trahan, President of Quebecor World Latin America stated, "This agreement
will permit Editorial Estrada to focus on its core competency, the publication
of high quality educational materials. Quebecor World will assume the production
of these textbooks in its specialized and highly efficient Latin American book
network."
Two press lines are being redistributed to Bogota and one press line to Quebecor
World's plant in Argentina. This will improve distribution and further enhance
our manufacturing flexability.
Quebecor World Latin America prints more than fifty million books a year in a
network of facilities in Sao Paulo, Brazil; Bogota, Colombia; Lima, Peru;
Santiago, Chile and Queretaro, Mexico. Across Latin America, the unusually young
average age of the population has led to a strong increase in government support
for education. This has resulted in a rapid increase in textbook printing. This
strong market demand for educational products in Latin America and the specific
Estrada contract volumes will make Quebecor World one of the largest producers
of textbooks in Latin America.
Quebecor World Inc. (NYSE, TSE: IQW) is the largest commercial print media
services company in the world. The Company is a leader in most of its major
product categories, which include magazines, inserts and circulars, books,
catalogs, specialty printing and direct mail, directories, digital pre-media,
logistics, mail list technologies and other value added services. The Company
has more than 43,000 employees working in more than 160 printing and related
facilities in the United States, Canada, France, the United Kingdom, Spain,
Switzerland, Austria, Sweden, Finland, Brazil, Chile, Argentina, Peru, Colombia,
Mexico and India.
Web address: www.quebecorworld.com
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FOR FURTHER INFORMATION, PLEASE CONTACT:
JEREMY ROBERTS TONY ROSS GUY TRAHAN
Director Corporate Finance and Director, Communications President,
Investor Relations Quebecor World Inc. Quebecor World Latin America
Quebecor World Inc. (514) 877-5317 (011) 54-11-4313-7107
(514) 877-5118 (800) 567-7070
(800) 567-7070
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
QUEBECOR WORLD INC.
By: /S/ MARIE D. HLAVATY
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Name: Marie D. Hlavaty
Title: Vice President, General Counsel & Secretary
Date: May 10, 2001