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Quebecor World Buffalo Inc history
Quebecor World Buffalo Inc company history timeline
The new issue is the first time Lebanon has printed its currency outside of England since its independence in 1943.
In 1953 Péladeau bought his first printing press.
1964: Péladeau launches Le Journal de Montréal.
1965: Company incorporates as Quebecor Inc.
After an entrepreneurial beginning and incorporation in 1965, Quebecor Inc. pursued a decades long course of acquisition and expansion that aimed to consolidate the company's leading position in the fields of publishing and printing in Canada and the United States.
In 1972, Péladeau offered shares in Quebecor.
In 1977, Péladeau gambled in the United States newspaper market by launching the Philadelphia Journal.
Plummeting newsprint prices in 1991 created heavy losses at Donohue, substantially eating into Quebecor's revenues.
Quebecor's launch of Le Magazine Provigo with Provigo supermarkets in early 1993 was another example of Quebecor management's insight into consumer trends and changing markets.
In 1994, Quebecor completed its buyout of Arcata when it exercised its option to buy the company's outstanding shares.
On the domestic front, 1994 saw the loss of one of Quebecor's major contracts, the printing of the United States edition of Reader's Digest, the largest paid monthly circulation magazine in the United States.
Quebecor's pulp and paper subsidiary, Donohue, made a $1.1 billion acquisition in 1995, and was on the lookout for another major opportunity.
The company moved into book publishing beginning in 1997, and within a few years Quebecor had bought up five major Quebec publishers.
The largest acquisition of all was Quebecor's deal in 1999 to merge with its rival commercial printer World Color Press.
Then in early 2000, Quebecor announced it was selling its stake in Donohue to a third company, Abitibi-Consolidated.
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Quebecor World Buffalo Inc may also be known as or be related to Quebecor World Buffalo Inc and Quebecor World Inc.