Acquires SPF Counselor Top 40 supplier
Ennis Inc. (asi/52493)
has entered into an agreement
to acquire 100% of the stock
of Specialized Printed Forms
Inc. (SPF), a privately-held
non-industry company headquartered
in Caledonia, NY. Financial terms
were not disclosed, but the acquisition
involves the purchase of all
outstanding stock of SPF from
former president/CEO Robert McAleavey,
as well as the associated land
and buildings from the partnership
which leases the facility to
SPF. At present, there are no
plans to relocate SPF, and no
immediate changes are expected
in its current operations and
employee base, including management.
McAleavey will remain as general
manager of SPF.
addition of SPF gives us a
presence in the Northeast we
currently lack,” says
Steve Osterloh, Ennis director
of marketing, explaining that
the company will add additional
short-run print products, long-run
products and integrated labels
and form/label combinations
to its overall product line.
Merges With Stardust
Imprints Wholesale Inc. (asi/62486) has merged with Stardust Corp. (asi/89285)
via an asset purchase. Details were not revealed. All three Stardust locations
(Verona, WI; Lenexa, KS; and Cincinnati) will remain in operation and the Stardust
name will be retained at least through 2006. Most employees and management have
been retained. Tim Mach, former Stardust president, will pursue other interests
outside the promotional products industry.
“The major benefit
we saw in the merger was
locations,” says Scott
Imprints president. “This
gets us to almost 60% of
the county in a one- or two-day
UPS shipping zone. The
other asset was the staff.
Stardust has some long-term
employees who really focus
on a great customer-service
Ceases Operations After
Citing increased competition
from overseas manufacturers,
Western Stoneware (asi/96675)
has stopped accepting orders
and will shut down on March
24. Founded in 1906 when
seven potteries from across
Illinois were combined,
the company was about to
celebrate its 100th anniversary.
The closing will affect
41 full-time workers, including
42-year employee Gene Wiseman. “The
specialty field has always
been a small part of our
business, but it was a
nice complement to our
other business,” says
Wiseman. “There are
very few ceramic
[in the U.S]. The big
ones that are left here
are primarily dinnerware
manufacturers. In the
specialty field, there
are not many left.”
Mark Hartman has purchased Easy Emblems (asi/51508) from former owner
Robert McKeon in an asset purchase. Terms were not revealed. Hartman worked as
a consultant to McKeon until recently. “I was a partner with the former
owner in name only and I was helping him build the business,” Hartman says. “The
intention was that at some point I would become a financial partner. But his
other business was different enough from the promotional products business that
we decided to have two entirely separate entities, and I thought it was an excellent
with Easy Emblems,
so he will
at its current
a new showroom
free of charge,
to 6180 N.
Its new location
to a new
in a recent Orlando
and was taped
for two episodes
of the TV
show Unwrapped on
Bodek and Rhodes (asi/40788) has added James DeHoff as sales rep for
Michigan and Indiana.
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