Transcontinental

Transcontinental Realty Investors Inc. Secures $27.3 Million HUD Refinance of Tradewinds Apartments in Midland, Texas

Retrieved on: 
Wednesday, January 15, 2020
Residential Building & Real Estate, Construction & Property, REIT, Mortgage, Personal finance, Transcontinental, Refinancing

Transcontinental Realty Investors Inc., (NYSE: TCI) is pleased to announce the refinance of Tradewinds Apartments in Midland, Texas.

Key Points: 
  • Transcontinental Realty Investors Inc., (NYSE: TCI) is pleased to announce the refinance of Tradewinds Apartments in Midland, Texas.
  • Tradewinds is a Class A luxury apartment community featuring 214 one, two, and three bedroom units.
  • View the full release here: https://www.businesswire.com/news/home/20200115005825/en/
    The new HUD loan retires a $15 million loan with a fully amortized long term loan and phenomenal interest rate of 3.00%, stated Daniel J. Moos, President & CEO of Transcontinental Realty Investors Inc.
  • Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management.

TC Transcontinental acquires Artisan Complete Limited and further expands its offering of in-store marketing product printing

Retrieved on: 
Monday, January 13, 2020
Marketing, Microeconomics, Market economics), Marketing strategy, Brand management, Services marketing, Merchandising, Retail, Transcontinental, Customer experience

Located in Markham, Ontario, Artisan Complete employs 187 people and is known as one of North Americas most awarded in-store marketing companies.

Key Points: 
  • Located in Markham, Ontario, Artisan Complete employs 187 people and is known as one of North Americas most awarded in-store marketing companies.
  • Since its founding in 1971, Artisan Complete has always been on the leading edge of retail, helping its customers connect with their audiences and position their brand for success.
  • Artisan Complete offers services that are critical for its largest customers, namely retail environment design, as it focuses on in-store customer experience.
  • Artisan Complete is very well known within the industry and its capabilities will complement TC Transcontinental Printings offering in three key areas of in-store marketing, namely promotional point-of-purchase, permanent signage and display/dcor.

GoExpedi Announces Opening of New Distribution Center in Bakerfield, CA

Retrieved on: 
Wednesday, January 8, 2020
Transcontinental

HOUSTON, Jan. 8, 2020 /PRNewswire/ -- GoExpedi, an industry-disrupting e-commerce company that has reinvented procurement for industrial and energy assets, has announced the opening of their new distribution center in Bakerfield, California.

Key Points: 
  • HOUSTON, Jan. 8, 2020 /PRNewswire/ -- GoExpedi, an industry-disrupting e-commerce company that has reinvented procurement for industrial and energy assets, has announced the opening of their new distribution center in Bakerfield, California.
  • On the heels of raising $25 million is Series B Funding, GoExpedi continues the next phase of their transcontinental expansion.
  • Their new location will serve clients in the San Joaquin and Los Angeles Basins.
  • GoExpedi is a leading innovator in industrial procurement solutions, providing over 200,000 critical parts and supplies to customers through their eCommerce platform.

Isabelle Marcoux, Chair of the Board of TC Transcontinental, appointed Member of the Order of Canada

Retrieved on: 
Saturday, December 28, 2019
Transcontinental, Marcoux, Isabel

MONTREAL, Dec. 27, 2019 (GLOBE NEWSWIRE) -- TCTranscontinental (TSX: TCL.A TCL.B) is proud to announce that Isabelle Marcoux, Chair of its Board of Directors, has been appointed Member of the Order of Canada.

Key Points: 
  • MONTREAL, Dec. 27, 2019 (GLOBE NEWSWIRE) -- TCTranscontinental (TSX: TCL.A TCL.B) is proud to announce that Isabelle Marcoux, Chair of its Board of Directors, has been appointed Member of the Order of Canada.
  • Her father, Rmi Marcoux, founder of TC Transcontinental and a Director on its board, was invested into the Order of Canada himself in 2007.
  • In addition, Isabelle Marcoux has leveraged her expertise as a board member of publicly traded Canadian corporations for many years.
  • It is a great honour for me today to be appointed as Member of the Order of Canada, said Isabelle Marcoux, Chair of the Board of TC Transcontinental.

Southern Properties Capital and Transcontinental Realty Investors Refinance More Than $30 Million With Fannie Mae

Retrieved on: 
Monday, December 16, 2019
Residential Building & Real Estate, Construction & Property, REIT, Mortgage industry of the United States, Fannie Mae, Hinesville, Georgia, Real estate investing, Transcontinental, Economy of the United States, Finance, Economy, Transcontinental Realty Investors, Southern Properties Capital

Southern Properties Capital and Victory Abode Apartments, subsidiaries of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, announced today that they successfully originated over $30 million with Fannie Mae to refinance Tattersall Village apartments in Hinesville, Georgia and Oceanaire Apartments in Biloxi, Mississippi.

Key Points: 
  • Southern Properties Capital and Victory Abode Apartments, subsidiaries of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, announced today that they successfully originated over $30 million with Fannie Mae to refinance Tattersall Village apartments in Hinesville, Georgia and Oceanaire Apartments in Biloxi, Mississippi.
  • View the full release here: https://www.businesswire.com/news/home/20191216005120/en/
    Tattersall Village Apartments in Hinesville, Georgia (Photo: Business Wire)
    Our team worked diligently to close our first major transaction with Fannie Mae, said Daniel J. Moos President & CEO of Transcontinental Realty Investors Inc.
  • Tattersall Village is an upscale, 222-unit garden-style apartment community in Hinesville, Georgia, a short drive southwest of downtown Savannah.
  • Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management.

Media invitation: Rallying together in support of Publisac

Retrieved on: 
Sunday, December 8, 2019
Mistassini, Transcontinental

MONTRAL, Dec. 08, 2019 (GLOBE NEWSWIRE) -- Alliance Fort Borale, Ville de Dolbeau-Mistassini, Hebdos Qubec, Mtro Mdia as well as unions representing employees of TC Transcontinental (TSX: TCL.A TCL.B), namely the Centrale des syndicats dmocratiques (CSD), the Syndicat des travailleurs industriels et commerciaux (STIC) and the Syndicat des Teamsters, are standing together with TC Transcontinental to avoid the disappearance of Publisac and the collapse of the socioeconomic system thatreliesonit.

Key Points: 
  • MONTRAL, Dec. 08, 2019 (GLOBE NEWSWIRE) -- Alliance Fort Borale, Ville de Dolbeau-Mistassini, Hebdos Qubec, Mtro Mdia as well as unions representing employees of TC Transcontinental (TSX: TCL.A TCL.B), namely the Centrale des syndicats dmocratiques (CSD), the Syndicat des travailleurs industriels et commerciaux (STIC) and the Syndicat des Teamsters, are standing together with TC Transcontinental to avoid the disappearance of Publisac and the collapse of the socioeconomic system thatreliesonit.
  • They invite media representatives to a press conference on Monday, December 9, 2019, at 11 a.m. at Centre Mont-Royal, 2200 Mansfield Street, Montral.
  • The press conference will be held in French.
  • Franois Olivier, President and Chief Executive Officer, TC Transcontinental

Consultation on flyer distribution control: TC Transcontinental seeks to continue constructive dialogue with the City of Montréal to improve the Publisac’s current distribution system

Retrieved on: 
Friday, December 6, 2019
Transcontinental

At the same time, we are not surprised by these recommendations given the nature of debates at the Commission.

Key Points: 
  • At the same time, we are not surprised by these recommendations given the nature of debates at the Commission.
  • It is unfortunate that the social and economic relevance of the Publisac ecosystem was not seriously considered by the Commission.
  • We hope that the City of Montral will listen to all stakeholders and that it will not follow through on these recommendations, added Isabelle Marcoux, Chair of the Board of TC Transcontinental.
  • TC Transcontinental will never accept to be treated differently than Canada Post for the distribution of advertising material.

Transcontinental Inc. – Release of Fourth Quarter and Fiscal Year 2019 Results and Conference Call

Retrieved on: 
Thursday, November 28, 2019
GlobeNewswire, NASDAQ OMX Group, Transcontinental, Press release, News media

MONTREAL, Nov. 28, 2019 (GLOBE NEWSWIRE) -- On Thursday, December 12, 2019, Transcontinental Inc. (TSX: TCL.A TCL.B) will release its fourth quarter and fiscal 2019 results and host a conference call for the financial community at 4:15 p.m.

Key Points: 
  • MONTREAL, Nov. 28, 2019 (GLOBE NEWSWIRE) -- On Thursday, December 12, 2019, Transcontinental Inc. (TSX: TCL.A TCL.B) will release its fourth quarter and fiscal 2019 results and host a conference call for the financial community at 4:15 p.m.
  • The conference call will be broadcast live (audio only) on the Investors homepage of the Corporations website at www.tc.tc and will be archived for 30 days.
  • The financial results will be made public in a press release that will be issued on the newswire prior to the conference call as well as in the Managements Discussion and Analysis that will be posted on the Corporations website.

TC Transcontinental enters into a definitive agreement with Hood Packaging Corporation for the sale of its paper and woven polypropylene packaging operations

Retrieved on: 
Wednesday, November 27, 2019
Transcontinental, Packaging and labeling, Polypropylene, Goods economics), Materials, Physical sciences

Hood Packaging employs almost 2,000 employees and is a wholly owned subsidiary of Hood Companies, Inc.

Key Points: 
  • Hood Packaging employs almost 2,000 employees and is a wholly owned subsidiary of Hood Companies, Inc.
  • After operating the paper business for almost 18months, we concluded that it is less core to our Packaging Sectors growth strategy.
  • Hood Packaging is acquiring the following paper packaging operations and buildings of TCTranscontinental: Transcontinental Sibley, Iowa; Transcontinental Hanford, California; Transcontinental Hazleton, Pennsylvania; and Transcontinental Tifton, Georgia.
  • In addition, Hood Packaging is acquiring the paper and woven polypropylene packaging operations at the Transcontinental Spartanburg, South Carolina plant; TCTranscontinental will retain ownership of this building and continue operating from this location, which also manufactures plastic flexible packaging.

TC Transcontinental announces the optimization of its printing platform in Atlantic Canada

Retrieved on: 
Thursday, November 21, 2019
Transcontinental, ONTARIO, OMERS, Economy of Canada, Provinces and territories of Canada

This decision is in line with the Corporations strategy to continuously optimize its printing platform, adjusting the capacity and costs to business volumes.

Key Points: 
  • This decision is in line with the Corporations strategy to continuously optimize its printing platform, adjusting the capacity and costs to business volumes.
  • We conducted an analysis of our printing operations in Atlantic Canada and regretfully concluded that volumes at Transcontinental Prince Edward Island did not justify keeping the plant running, said Brian Reid, President of TCTranscontinentalPrinting.
  • Together with our customers, we will assess alternate printing solutions available to them either within TC Transcontinentals network or with another provider.
  • The decision to optimize TC Transcontinentals printing platform in Atlantic Canada unfortunately results in about 15 permanent layoffs.