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Product and Company News and Announcements

Press Release: EBSCO Industries [September 2, 2017]

NAPCO Acquires Vulcan Information Packaging, Enhancing its Manufacturing Capabilities and National Sales Reach

SPARTA, N.C., Sept. 1, 2017. NAPCO, a leading specialty packaging provider, founded in 1977, announced today it has agreed to acquire the assets of Vulcan Information Packaging (including Binders.com), a division of EBSCO Industries. Vulcan (VIP) will operate as an independent subsidiary of NAPCO under their current leadership team in their current facility in Vincent, AL.

Founded in 1947, VIP (along with Binders.com) remains at the forefront of the custom information packaging and loose-leaf binder industry by providing superior products and services.

Both companies' "customer first" service cultures result in demonstrable advantages in quality, speed, flexibility, and managed cost. These advantages position the company as a valued partner to its customers.

Rocky Proffit, CEO of NAPCO, said, "Our companies are industry leaders in a large and exciting market and have impressive histories. We are excited to partner with VIP's talented management team and believe this partnership positions us for significant growth. This transaction builds on our 40 year history of respectful competition and allows us to execute our shared vision for the future.

Bryson Stephens, Chairman of EBSCO Industries, stated, "We are extremely pleased to be partnering with NAPCO. We selected NAPCO because of their strong industry knowledge, best-in-class operating talent, and our shared corporate cultures. I am excited for the future of VIP and its employees as they carry on the tradition of client commitment."

About NAPCO

NAPCO is an award-winning custom manufacturer of rigid paperboard products and presentation packaging offering one-stop solutions with rapid product turnaround and prompt delivery. To learn more about Napco, visit www.napcousa.com.

About Vulcan Information Packaging

VIP is a manufacturing provider in the packaging and binder industry with a focus on delivering superior products with excellent service to every customer, every time. To learn more about VIP, visit www.binders.com and www.vulcaninformationpackaging.com.


Summary: NAPCO, a leading specialty packaging provider, founded in 1977, announced today it has agreed to acquire the assets of Vulcan Information Packaging (including Binders.com), a division of EBSCO Industries. Vulcan (VIP) will operate as an independent subsidiary of NAPCO under their current leadership team in their current facility in Vincent, AL.
Publication Year:2017
Type of Material:Press Release
LanguageEnglish
Date Issued:September 2, 2017
Publisher:EBSCO Industries
Company:
Company: EBSCO Industries
Subject: Mergers and acquisitions
Permalink: https://librarytechnology.org/pr/22871

LTG Bibliography Record number: 22871. Created: 2017-09-02 03:31:35; Last Modified: 2017-09-02 03:32:07.