Sonic Promos, the distributor based in Gaithersburg, Md., was one of five local companies visited by Chompie The Shark, Discovery Communications and California Tortilla as part of a Shark Week 2013 promotion. Sonic was chosen thanks to a carefully crafted tweet sent by account manager Mallory Scott. The agency was rewarded with a fully catered lunch and much frolicking with Chompie.
Read MorePublic Policy Polling recently released results showing a majority of Americans disagree with the CPSC’s ban against high-powered magnets. More than 80 percent of respondents said they favored age-based restrictions or no restrictions. Only 6 percent supported the CPSC’s stance.
Read MoreCleveland-based Proforma recently recognized its top vendors at its 2013 Annual Convention & Family Reunion in Las Vegas. Eighteen vendors received awards for their commitment to furthering Proforma’s vision of success.
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Allied Printing Company, Ferndale, Mich., has welcomed 30-year industry veteran Michael Gonte as production planner for its Ferndale print production and direct mail operations. Gonte comes to Allied with three decades of experience in the industry, most recently supporting and perfecting operations at EGT Printing Solutions.
Read MorePromotional products supplier 4imprint on July 31 released its half-year financial results for the period ended 29 June 2013. The company reported a year-over-year revenue increase of 14 percent, from approximately $135.55 million (£88.36 million) in H1 2012 to approximately $154.60 million (£100.78 million) in 2013, with 67 percent growth in pre-tax profits.
Read MoreThe 2013 SAAC Show begins this Wednesday, August 7. The show runs from August 7 to 8, and is put on and organized by the Specialty Advertising Association of California (SAAC). Many new features and events have been added this year, including a $12,500 prize giveaway and new food vendors like In-N-Out Burger and
Read MoreBIC Group, parent company to BIC Advertising & Promotional Products, reported its 2013 second quarter and first half results this week. The group as a whole reported sales of approximately $1.243 billion (937.5 million euros) for the six month period, up 2.2 percent on a comparative basis from same period in 2012. Net sales for the quarter were up 4.1 percent on a comparative basis at $675.2 million (508.9 million euros).
Read MoreInnerWorkings Inc., a leading provider of global print management solutions based in Chicago, has acquired EYELEVEL, a leading global provider of permanent retail displays and store fixtures.
Read MoreiPROMOTEu announced that it will be hosting its sixth annual “Supplier Palooza” during The SAAC Show in Long Beach. “Supplier Palooza” will take place on Wednesday, August 7, from 9:00 p.m. until 1:00 a.m. at The Auld Dubliner which is located across the street from the Long Beach Convention Center.
Read MoreStandard Register, Dayton, Ohio, announced today that it has acquired top 50 distributor WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million.
“This strategic combination brings together two companies with highly complementary business and market presence to create a leading player in workflow, communications and analytics,” said Joseph P. Morgan, Jr., president and CEO of Standard Register. “The acquisition of WorkflowOne increases our customer base and incremental growth opportunities. It also provides new markets and capabilities in retail and promotional products and cross-selling opportunities. And, importantly, we are acquiring a significant pool of talented people with expertise in our industry and markets.”
WorkflowOne, also based in Dayton, ranked number 10 on Promo Marketing’s list of the Top 50 Distributors of 2013. The company reported promotional product sales of $101 million and total sales over $460 million.
Check back with Promo Marketing Headlines this afternoon for more information on the acquistion.
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