*Revenues were $99.7 million for the quarter, an increase of $9.8 million or 10.9% for the comparative quarter and $400.0 million for the fiscal year, an increase of $42.0 million, or 11.7% for the comparative fiscal year. *Earnings per diluted share for the current quarter were $0.26 compared to $0.20 for the comparative quarter last year. Earnings per diluted share were $1.11 for the fiscal year as compared to $0.93 for the last fiscal year. *Our gross profit margin for the quarter decreased on a comparative quarter basis from 29.6% to 27.5%. Gross profit margin was 28.7% for the fiscal year compared to 29.0% for the prior fiscal year.

TC Transcontinental announces the sale of its industrial packaging operations to Hood Packaging Corporation for a price of US$95 million (about C$132 million1) subject to working capital adjustments. These operations generated approximately US$50 million (about C$68 million2) in revenues during the last twelve months ended July 28, 2024. The Corporation anticipates using the net proceeds to continue reducing net debt in line with its business priorities. This will increase its flexibility in capital allocation, including targeted acquisitions in growth segments. “Industrial packaging is a solid business. However, after operating it for several years, we concluded that it offers few synergies with the rest of our portfolio, and is not core to our Packaging Sector’s growth strategy,” said Thomas Morin, President and Chief Executive Officer of TC Transcontinental. “We are pleased for our employees that Hood Packaging, a family-controlled company like TC Transcontinental whose industrial packaging business is core to their activities, is the buyer.” Hood Packaging is acquiring TC Transcontinental’s Thomasville, North Carolina, packaging operations and building, and 138 employees are being transferred. Hood Packaging is also acquiring the industrial packaging business of TC Transcontinental’s Ontario, California plant, which represents approximately 15% of this plant’s revenues. Roop Nangia, Senior Vice President, Consumer & Beverage, TC Transcontinental Packaging, added: “We sincerely thank all of our talented employees for their contribution, commitment and performance.”

ASI was just one of the printing industry partner organizations that joined forces with PRINTING United Alliance in Washington DC for the two-day 2026 Fly-In. Representatives from Book Manufacturers Institute Inc.  (BMI) including MIDLAND'S Bill Rojak, Foil & Specialty Effects Association (FSEA), Flexographic Technical Association (FTA), Pharmaceutical Printed Literature Association (PPLA), Promotional Products Association International (PPAI), and Tag and Label Manufacturers Institute (TLMI), came together with more than 60 participants from across the printing industry. The participants met with more than 60 congressional offices to discuss key issues affecting the industry, including Extended Producer Responsibility (EPR), U.S. Postal Service, tariffs, and the “Patient’s Right to Know” legislation. A Collective Voice for Printing The Fly-In took place over the course of two days with the first day dedicated to prepping the attendees for what to expect during the congressional meetings. When the day on the Hill commenced, attendees joined small groups to meet with representatives from their home state or district. Attendees were given a statistics sheet intended to empower them to share the true power and magnitude of the printing industry as it is the No. 3 largest U.S. manufacturing industry by number of establishments; the No. 10 ranked by total employees nationwide; and when combined with the mailing industry is responsible for 7.9 million jobs and $1.9 trillion in annual revenue.