Sovereign Business Forms
From a proposed major postal overhaul to the country's anemic recovery, many continue to question whether the industry is headed anywhere but down.
Ennis Inc., Midlothian, Texas, today announced that two of its subsidiary companies have entered into a definitive agreement to acquire substantially all of the assets of Sovereign Business Forms Inc. and five related entities.
1. Ennis Headquarters: Midlothian, Texas Forms Sales $(000): 233,885 Total Sales $(000): 584,713 2 PrintXcel, Headquarters: Montrose, Ala. Forms Sales $(000): 69,036 Total Sales $(000): 76,707 3 Printegra Headquarters: Peachtree City, Ga. Forms Sales $(000): 66,857 Total Sales $(000): 89,142 4 Wise Business Forms, Headquarters: Alpharetta, Ga. Forms Sales $(000): 63,480 Total Sales $(000): 69,000 5 PRINTSouth Headquarters: Atlanta Forms Sales $(000): 47,310 Total Sales $(000): 47,310 6 Wright Enterprises Holding Company
1 Ennis Headquarters: Midlothian, Texas Annual Sales $(000): 584,713 Principal Officer(s): Keith Walters, Chairman, President, CEO Employees: 6,200 Locations: 44 2 Champion Industries Headquarters: Huntington, W. Va. Annual Sales $(000): 145,188 Principal Officer(s): Marshall T. Reynolds, CEO Employees: 740 Locations: 22 3 Western States Envelope & Label Headquarters: Butler, Wis. Annual Sales $(000): 117,900 Principal Officer(s): Mark S. Lemberger, President Employees: 731 Locations: 5 4 Printegra Headquarters: Peachtree City, Ga. Annual
Rank: 1 Company: Ennis, Midlothian, Texas Sales $(000): 559,397 Principal Officer(s): Keith Walters, Chairman, CEO, President Employees: 6,200 Locations: 42 (*Does not include sales figures for Block Graphics, acquired 08/09/06.) Rank: 2 Company: Champion Industries, Huntington, W. Va. Sales $(000): 135,000 Principal Officer(s): Marshall T. Reynolds, CEO Employees: 768 Locations: 22 Rank: 3 Company: Western States Envelope & Label, Butler, Wis. Sales $(000): 111,000 Principal Officer(s): Mark S. Lemberger, President, CEO Employees: 733 Locations: 5 Rank: 4 Company: Printegra, Peachtree City, Ga. Sales $(000): 87,706 Principal Officer(s): Casey Campbell, President, CEO Employees: 822 Locations: 14 Rank: 5 Company: PrintXcel, Montrose,
Rank: 1 Company: Ennis, Midlothian, Texas Forms Sales $(000): 233,380 Total Sales $(000): 559,397 Rank: 2 Company: PrintXcel, Montrose, Ala. Forms Sales $(000): 84,976 Total Sales $(000): 84,976 Rank: 3 Company: Printegra, Peachtree City, Ga. Forms Sales $(000): 65,780 Total Sales $(000): 87,706 Rank: 4 Company: DSFI, Addison, Ill. Forms Sales $(000): 63,650 Total Sales $(000): 67,000 Rank: 5 Company: Wise Business Forms, Alpharetta, Ga. Forms Sales $(000): 63,000 Total Sales $(000): 70,000 Rank: 6 Company: Highland Computer Forms, Hillsboro, Ohio Forms Sales $(000): 43,712 Total Sales $(000): 43,712 Rank: 7 Company: Wright Business Graphics, Portland, Ore. Forms
Despite setbacks, the printed products industry staged a good performance. It was another big year for the Top 100 Manufacturers as total reported revenue climbed to $4.96 billion, up $580 million from last year's $4.38 billion. The total number of employees reported by the Top 100 in-creased by 514 to 30,945 from last year's total of 30,431. The total number of locations increased to 423 from 384 last year. It has been a more productive year as sales per employee jumped to $160,123 from the $143,843 reported a year ago. Sales per location also increased to $11.7 million from last year's $11.4 million. The increase in overall revenue
Top 20 Independent Manufacturers 1998 Rank Company Sales ($000) 1997 Rank Sales ($000) Principal Officer Employees Locations Year Founded 1 CST/Star Forms $255,000 1 235,800 William O. Nahikian, CEO 535 9 1969 2 Ennis Busines Forms $154,348 3 153,726 Keith Walters, CEO/COB 1,408 15 1909 3 *Poser $121,750 4 100,000 Dennis M. Grasso 940 15 1949 4 *TRANSKRIT $101,000 5 95,000 Jack Resnick 1,028 8 1938 5 GBF Graphics $82,700 6 87,400 Richard S. Kunz 500 6 1951 6 Adams Business Forms $65,000 9 60,000 Joe Bauman 350 3 1889 7 Datagraphics $60,473 10 58,354 John Staniforth 350 3 1889 8 * Label Art $52,203 - 58,392 Thomas Cobery 426 4 1963 9 Discount Labels $53,971 - $55,945 Allen C. Conway Sr. 665 1 1964 10 DSFI Distributor's Stock $53,000 8 $62,000 Malcolm Geffen 185 4 1979 11 Continuous Forms and Checks $48,500 13 49,910 Bob Lenox 435 10 1982 12 Calibrated Forms $46,175 16 45,152 Bill Amyx 320 1 1985 13 Northstar Computer Forms $43,000 15 46,200 Kenneth Overstreet 500 6 1962 14 Sovereign Business Forms $39,204 36 23,606 Donald D. Patteson 421 8 1962 15 Wright Business Graphics $38,813 20 37,507 Jim Wright 275 6 1971 16 Rittenhouse Label Media $38,236 - $38,000 Tom Pagel 125 3 1915 17 ELT $38,000 - 16,800 Tim Wright 150 25 1987 18 United Computer Supplies $37,500 18 $38,700 Jack Zimmerman 128 3 1984 19 Data Label $36,383 22 36,131 Geroge Snyder 180 5 1980 20 Highland Computer Forms $36,151 21 36,290 Philip D. Wilson 108 4 1979 For a complete list of the "Top 100 Independent Manufacturers," read the Oct. 20 issue of Business Forms, Labels & Systems. Subscribe by clicking on the "How to Subscribe" link below.