Talking Shop
"Although we had some issues with the integration of Printegra due to a requirement to update their patchwork of dated systems immediately, we are now through these issues," Walters said. "These locations are stronger and better positioned to service their customers as we move forward."
Ennis continued last year's pattern of savvy investments with several key acquisitions. On Sept. 17, 2013, the company executed a letter of intent to acquire the assets of Cenveo Inc.'s Custom Envelope Division. (Editor's Note: The deal was finalized at press time.) The Custom Envelope Division consists of the WISCO envelope brand, which is produced at a facility in Tullahoma, Tenn., and the National Imprint Corporation brand, which is produced in a leased facility in Claysburg, Pa. According to a recent release, the Custom Envelope Division generated approximately $40 million in sales in the previous fiscal year.