MONTREAL, QUEBEC–( EMWNews – March 31, 2008) – The management of Quebecor World’s Magog plant announced the closure of its facilities to its 350 employees this morning.

This announcement would appear to have been motivated by the economic situation and strength of the Canadian dollar.

The closure is permanent, as explained by management.

The plant’s employees are represented by Local Union 41M of the Teamsters’ Graphic Communications Conference.

“We knew that the situation was difficult but we never saw this morning’s announcement coming,” explains Denis Fournier, secretary-treasurer of the Teamsters Local Union. “Our members are in a state of shock.”

Up until last summer, the Magog plant printed several TVA Publications magazines, including the 7 Jours and Lundi.

“We aim at saving our members’ 350 jobs and we’ll try to meet with management in the coming hours to see what can be done,” concludes Fournier.