Lessons from the Top
High-ranking suppliers share their formula for success
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Walters and his staff have been busy making big moves and savvy investments. On Feb. 10, 2012, Ennis closed on its acquisition of the assets and business of PrintXcel and Printegra from the Custom Resale Group of Cenveo. Sales from both companies were approximately $80 million annually and the purchase price was $40 million in cash plus assumed trade liabilities. According to Walters, these two new acquisitions added nine new locations and several new products, and gave Ennis the opportunity to partner with many new distributors.
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Elise Hacking Carr
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Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.
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