Peczuh Printing to Acquire Printing Resource to Further Strengthen Its Position in Utah
PRICE, UT and LINDON, UT—January 15, 2015—Peczuh Printing and Printing Resource have jointly announced a definitive agreement whereby Peczuh Printing will acquire Printing Resource, which provides premium printing and fulfillment solutions to a wide variety of clients on the Wasatch Front in Utah. The acquisition will enhance Peczuh Printing’s position as a leader and innovator in the printing industry in the Mountain West region and beyond.
The transaction is subject to customary closing requirements and will be completed in January of 2015. Both Peczuh Printing’s and Printing Resource’s owners approved the transaction. The purchase amount was not disclosed.
“This acquisition is very much in keeping with our current growth strategy and reinforces our goal to create value for our clients, employees and owners,” said Frank Peczuh, Jr., Peczuh Printing president and CEO. “Printing Resource is a well respected, financially strong company focused on delivering superior quality and excellent customer service to its clients. This combination creates a stronger and healthier Peczuh Printing, better equipped to meet the needs of our clients—both existing and newly acquired—and provide integrated and comprehensive solutions through our extensive complement of skills, equipment and technology. In addition, Peczuh Printing and Printing Resource are united by a common culture based on a passion for client satisfaction, innovation and providing the highest quality products and solutions in the industry. We are excited by the opportunities ahead and look forward to welcoming Printing Resource’s clients and employees into our family.”
Under the ownership of Craig Brady, Printing Resource has grown and prospered since its inception in 1997. Printing Resource’s talented and dedicated employees, as well as a very loyal customer base, has fueled that growth. Brady commented that, “looking forward, we are excited about this acquisition as it will benefit our clients through the expanded capabilities of the combined companies. I am confident that Peczuh Printing is the best owner for the future of Printing Resource.”
About Peczuh Printing
Peczuh Printing was established December of 1962, in Price, UT, by Frank Peczuh. As a family owned company Peczuh prides itself in providing friendly, professional service while at the same time ensuring the development and use of leading-edge technology and single-source solutions to meet client’s needs. Peczuh Printing has the resources and knowledge to help its clients maximize the revenue they derive from their marketing spend through channel integration, and minimize their total cost of print production and distribution through a fully integrated distribution network. The company provides a diverse range of print, fulfillment and media solutions from multiple locations throughout the Mountain West.
About Printing Resource
Printing Resource core founding principle is the resolve to provide clients with high-quality full-color printing and a commitment to fast, on-time delivery. The key elements to that commitment include acquiring the best equipment and personnel available, and working tirelessly to meet the needs of its customers. Printing Resource regularly added new equipment and technology over the years which continually improved throughput and efficiencies in order to provide its customers the best possible solutions to their printing needs. Success is measured by the number of loyal customers who recognize the value of a solid printing company with an amazing ability to “get the job done right.”
Source: Peczuh Printing.