Ennis Closes on Custom Envelope Group from Cenveo
MIDLOTHIAN, TX—September 30, 2013—Ennis Inc. announced that it closed on September 27, 2013, the agreement to acquire the assets of the Custom Envelope Group from Cenveo Corp. The Custom Envelope Group was comprised of the Wisco brand of envelopes, produced in Tullahoma, TN, and the National Imprint Co. operating out of Claysburg, PA.
The business generated approximately $40 million a year in sales during the most recent calendar year and will continue to operate under the Wisco and NIC name brands at their respective locations.
"We continue to look for products and locations which make sense for our trade customers," said Keith Walters, chairman, CEO and president of Ennis Inc. "The expansion of our envelope production and imprinting into the eastern United States gives us broader geographic reach to serve our customer base with this product."
Ennis Inc. is primarily engaged in the production of and sale of business forms, apparel and other business products. The company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, TX, the company has production and distribution facilities strategically located throughout the United States of America, Mexico and Canada, to serve the company’s national network of distributors. The company, together with its subsidiaries, operates in two business segments: the Print Segment (“Print”) and Apparel Segment (“Apparel”).
The Print Segment is primarily engaged in the business of manufacturing and selling business forms, other printed business products, printed and electronic media, presentation products, flex-o-graphic printing, advertising specialties and Post-it Notes, internal bank forms, plastic cards, secure and negotiable documents, envelopes and other custom products. The Apparel Segment manufactures T-Shirts and distributes T-Shirts and other active-wear apparel through nine distribution centers located throughout North America.