Wednesday, February 21, 2007

Remi Marcoux of Transcon named to the Order of Canada

Remi Marcoux, the founder of the multi-media printing conglomerate that dominates the world of Canadian consumer magazine publishing, has been named to the Order of Canada.

Marcoux took a step back from active management in 2004, before which he was president and CEO of Transcontinental. He is now executive chairman of the board and two of his children are now part of the executive suite running the company. He and his family continue to wield enormous influence.

Transcon makes more from printing flyers than from the approximately 25% of the turnover that is due to consumer magazines; still, the Transcon brand is on such heavy hitters as Canadian Living, Homemakers, Elle Canada, Elle Quebec, Style at Home, Canadian Home & Country, Outdoor Canada, The Hockey News and so on. His company is about to launch a joint venture Canadian edition of More magazine in partnerhip with the biggest hitter of them all -- Meredith (Better Homes & Gardens) Corporation.

Marcoux bought a small printing operation with $3 million in sales in 1976 and now the company has 14,000 employees and sales (in 2005) of $2.2 billion.

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