Taylor Corp. has completed its acquisition of the assets of Standard Register. The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries. "The successful close officially turns the page for Standard Register’s customers and employees and moves us into a new chapter that we believe is strengthened as a combined organization," said Deb Taylor, CEO of Taylor Corp.
The sale of Standard Register’s assets to Taylor Corp. is expected to close on or before Friday, reported the Dayton Daily News.
Kevin Carmody, CEO of Standard Register, has resigned his position on the company’s board of directors, reported the Dayton Daily News.
The latest Target Report highlights Mergers and acquisitions for June 2015.
Complete Graphics won the Best of Show at the International Engraved Graphics Association’s 76th Annual Conference in Vail, Colorado.
This week Julie Greenbaum highlights IWCO Direct's unveiling of the nation's first Canon Océ VarioPrint i300 cutsheet and Océ ImageStream 3500 continuous-feed inkjet presses during Canon Solutions America’s "Future of Inkjet" Customer Event held at IWCO Direct's facility in Chanhassen, Minnesota. Editorial Director Mark Michelson had the opportunity to attend the event, and to speak one-on-one with Dave Johannes, IWCO Direct senior vice president of operations, in a video interview. Other industry news highlighted this week is from Taylor Corporation and Standard Register, Memjet, ABS Graphics, MGI and Konica Minolta.
A $5 million settlement between Standard Register and a group of creditors should pave the way for Taylor Corp. to obtain Standard.
Joseph Morgan tells employees he will be stepping down from his role as chief executive at Standard Register.
North Mankato, Minnesota-based Taylor Corp. is 2-for-2 this week in adding Standard Register and NEPS LLC.