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The Sourcing Group Acquires Transform, Continues Expansion Into the Southeast

Posted by PSDA Headquarters on Aug 10, 2018 1:57:10 PM


New York, NY, August 2, 2018 — The Sourcing Group is very excited to announce the acquisition of Transform, a $7MM distributor based in Atlanta, GA.

“Transform has been a very successful organization pursuing two vertical markets in traditional
marketing and forms, as well as an innovative business model delivering solutions and
technology to the collegiate marketplace” according to Billy Caan, CEO of TSG. “We are thrilled
to bring them into our family..."

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Topics: Press Release

DLS Converts 2 Million Pounds of Label Waste Into Clean Energy

Posted by PSDA Headquarters on Aug 9, 2018 1:31:35 PM


Itasca, Illinois, August 9, 2018 -- Diversified Labeling Solutions (DLS), a national converter of pressure sensitive labels, has begun a new program to eliminate over 2 million pounds of landfilled label production waste from its Itasca, Illinois manufacturing facility. The company is committed to improving the environment and creating sustainable ways to operate its business.

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Topics: Press Release

Ennis Completes Merger With Wright Business Graphics Into a Wholly Owned Entity of Ennis

Posted by PSDA Headquarters on Aug 6, 2018 2:42:57 PM


Midlothian, Texas, August 2, 2018 -- Ennis, Inc. (the “Company”), (NYSE: EBF), announced the completion of the merger of Wright Business Graphics, Inc. (“Wright”) with a wholly owned entity of Ennis in a stock merger transaction that closed on July 31, 2018.  Wright Business Graphics is a printing company headquartered in Portland, Oregon. Wright has 7 locations in Oregon, Washington and California with its main facility located in Portland, Oregon. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31, 2018 and sells mainly through distributors and resellers.  The purchase price was paid 55% in cash, and 45% in the Company’s common stock based on the weighted average share price based on the previous 30 trading days from the date of the Agreement. The Company believes the transaction will be accretive to its shareholders.

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Topics: Press Release

Actionable Education: How Nick Sanders Benefited from PSDA's Dedicated CSR Program

Posted by PSDA Headquarters on Aug 3, 2018 11:40:21 AM

Customer service representatives are critical to the success of a distributor's business. That's why PSDA has created a custom program just for CSRs at the 2018 P2P Technology + Innovation Summit. The best part? PSDA covers the registration fee and two hotel nights. All you need to do is send your CSRs to Indianapolis, and we'll take care of the rest.

At this year's program, your CSRs will receive: 

  • 3 hours of CSR-specific education
  • The opportunity to build connections with fellow CSRs from leading distributorships across the country
  • Participation in meetings with key PSDA member manufacturers
  • Time to explore the latest products and services in the Exhibit Lounge
  • 1 keynote presentation

Read on to see how Nick Sanders, customer service representative for The SOLV Group, gained key takeaways at last year's program that he was able to put to work. 

Interested in sending your CSR to P2P this year, on us? Contact Martha O'Hanlon

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Topics: Business Management, Customer Experience, Customer Service Representatives

Ennis Executes Agreement to Merge Wright Business Graphics Into a Wholly Owned Entity of Ennis

Posted by PSDA Headquarters on Jul 17, 2018 4:22:32 PM


Midlothian, Texas July 17, 2018 -- Ennis, Inc. (the “Company”), announced the signing of an agreement to merge Wright Business Graphics, Inc. (“Wright”), with a wholly owned entity of Ennis in a stock merger transaction that is expected to close on or before Sept. 30, 2018, pending approvals. Wright Business Graphics is a printing company headquartered in Portland, Oregon. The majority stockholder, Jim Wright, began the company back in 1970 and built it into the large, highly diverse print communication organization that exists today. Wright has seven locations in Oregon, Washington and California, with its main facility located in Portland, Ore. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31, 2018, and sells mainly through distributors and resellers. Wright will continue in all of its current locations, and Dan Adkison will continue in his current role as president/COO of Wright Business Graphics. The purchase price will be paid 55 percent in cash and 45 percent in stock (based on the weighted average share price of the Company’s common stock for the previous 30 trading days). The Company believes the transaction will be accretive to its shareholders.

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Topics: Press Release

HR Corner: Unpaid Internships?

Posted by Claudia St. John on Jun 18, 2018 5:25:18 PM

Q: We have a new intern the daughter of one of the owners. It’s an unpaid internship, but I thought those were illegal. Should we be paying her for the work she performs?

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Topics: Human Resources

Envelopes: 7 Tactics for Visual Appeal

Posted by Darin Painter on May 23, 2018 3:02:43 PM

In our industry, tried-and-true products can still open clients’ eyes — and open new doors to business. That’s true for envelopes, a product that’s constantly needed and often discarded when unnoticed.

Nearly all organizations need envelopes for outgoing mail (invoices, statements, etc.), internal mail (departmental correspondence, memos among branches, etc.) and office routines (personnel files, photo files, etc.). So mentally tossing the envelope market into the wastebasket is like throwing away money, distributors say. Industry pros who consult with their clients about envelope needs can provide real value.

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Topics: Strategy, Creativity

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