Open Enrollment | Subscribe to Printing Impressions HERE
Connect
Follow us on
Advertisement
 

Mount Royal Printing Acquires Jarboe Commercial Printing

November 18, 2009
PARAMUS, NJ—November 18, 2009—NAPL today announced that the Mount Royal Printing Co., Inc. (www.mtroyalptg.com) of Baltimore, MD, has acquired the sales assets of Jarboe Commercial Printing Co., Inc. (www.jarboeprinting.com) of Washington, DC.

The announcement was made by John Hyde, NAPL Senior Vice President, who led the acquisition outreach initiative and structured the purchase transaction for Mount Royal. “This transaction allows Mount Royal to expand its customer base and sales opportunities with significant entrees into Washington, DC, a market previously untapped by the Baltimore communications company.”

“Over the years we had acquired a couple of small companies, so we knew that acquisition could be a viable strategy for growing sales in the current economic conditions,” said Gary Cayce, President of Mount Royal. “We had wanted to increase our presence in Washington, and this seemed to be the year to put that plan into action.”

Cayce is the third generation to take the helm of his family-owned company, which was founded in 1942. He is expecting sales of $7.5 million in 2010, with a sizeable portion of that total to be generated from a new sales office recently opened in Beltsville, MD. All of the manufacturing is being done in Mount Royal’s existing facilities in Baltimore. The Jarboe plant has been closed.

Seven key employees were hired from Jarboe after the passing of its founder and president, William Jarboe. “Jarboe is a lot like us, a family-run printing company with similar types of customers. We’ve been in business 62 years; they’d been in business 73 years” added Cayce. “Everyone is energized about combining forces.”

Upon the passing of Jarboe’s founder, providing continuity for its clientele was important to his family. “Customer relationships are a printing company’s most valuable assets,” remarked Hyde. “They’re perishable components, and must be well taken care of. When Jarboe was in transition, a primary concern was that a seamless process could be achieved.”

Hyde identified various companies whose operational strategies and company culture were aligned with Mount Royal’s business philosophy. “Of the 17 companies we communicated with, five expressed interest and it was quickly evident that Jarboe Printing would be the ideal fit. The process moved swiftly and smoothly from that point,” he said. Initial communications occurred in June, 2009 and the acquisition was completed September 1.

About Mount Royal Printing Company, Inc. Founded in 1947, Mount Royal has been focused on providing quality work and service not only to the public but also to the trade, fostering trade agreements with other print shops as well as brokers as a vital part of the company’s past as well as its future.

About the NAPL Print Consulting Services Group:

NAPL’s executive consultants are the industry’s foremost experts on commercial printing business management issues that allow companies to grow sales, reduce costs, and increase business value. Known for their team approach, the group has a proven track record of helping companies improve performance and emerge as recognized industry leaders. For a full roster of NAPL consultants and their respective services, visit www.napl.org/consultants. For information about NAPL consulting services, visit www.napl.org/consulting, or contact Tim Fischer, NAPL Senior Vice President, 201-523-6376, TFischer@napl.org.

About NAPL
Chartered in 1933, the National Association for Printing Leadership (NAPL) is a not-for-profit business management association representing companies in the $100 billion graphic communications industry. NAPL’s comprehensive slate of business-building solutions provides company leaders with management tools that enable them to make informed business decisions in an ever-changing market environment. For more information on NAPL or its affiliated associations, visit www.napl.org or call 800-642-6275. 
 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: