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July 7, 2009 |
| THIS WEEK'S HEADLINES |
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INDUSTRY NEWS |
PPAI NEWS |
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BIC Graphic And Norwood Complete Acquisition "Norwood and BIC are similarly aligned in mission, values and culture," says Paul Lage, MAS, president of Norwood. "We look forward to the new opportunities afforded by their ownership. These are exciting times." Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. Norwood will now conduct business as a wholly-owned subsidiary of BIC Graphic. "The promotional products industry has a great future," adds Nicolas Paillot, BIC Graphic Group general manager. "We're confident that the BIC Graphic USA and Norwood employees will work diligently to offer unparalleled quality and service to our customers and carry on the proud tradition of both companies." Ennis Temporarily Idles Terry Pennington, Ennis vice president, says a majority of Bellville's customers are geographically closer to the remaining Texas facilities and there will be no impact on the quality or delivery of their products. A portion of the Bellville staff has been offered positions with other Ennis facilities. "The building and equipment from our Bellville facility will remain with the company in hopes that when economic conditions improve the facility can be re-opened," says Pennington. Raining Rose Acquires Wisconsin Company's Promotional Products Division "Due to ongoing growth in other areas of our business, selling our promotional products division to Raining Rose was a very natural move for us," says Mike Kermendy, vice president of marketing for Wisconsin Pharmacal. Raining Rose will manufacture Wisconsin Pharmacal's lines at its plant in Cedar Rapids. Chuck Hammond, president and chief executive of Raining Rose, says the two companies have worked together for several years. "As we have learned about one another, we realized it makes sense for each company to focus on the markets in which they excel," says Hammond. "We will work together over the next few weeks to make this transaction as smooth and seamless as possible." ISERVCORP Releases Latest QuickBooks Plug-In As a result, OrderTrax² is now fully integrated with all three business editions of QuickBooks, including Pro and Premier Editions. "We are excited to be able to release this updated version of our plug-in for QuickBooks users," says Tom Gindrup, CTO of ISERVCORP. "QuickBooks is used by almost half of the promotional products industry. Larger distributors with more customer service reps use the Enterprise edition because of its networking capabilities, so now every company using QuickBooks can enjoy the efficiencies that OrderTrax² offers for their business." ISERVCORP is a wholly-owned subsidiary of PPAI. Tukaiz Announces Final Stages Tukaiz can now provide greater fulfillment, warehousing and mailing services to its client base, according to a company news release. The initiatives are a response to evolving market demands for end-to-end creative production and fulfillment services. ppai in action
PPAI Responds "While perhaps an unintended consequence, this legislation will result in lost jobs and businesses for many promotional products companies with more losses projected," he writes. Washington Counsel Meets With PPAI expressed concerns about the classification of mailings that often includes promotional products; calendar shipping rates were given as an example. The postal service is also confronted by its own processing structure costs and a decline in overall business mail volume due to the state of the economy. Understanding this, PPAI plans to continue the dialogue with the USPS in hopes that the industry will see less of an impact from rising rates in the future. PPAI Continues Relationship With Human Resources Organization Keith Vincent, PPAI director of marketing, and Erica Edwards, PPAI communications coordinator, attended the conference as part of the Association's end-buyer initiative. PPAI surveyed HR professionals about their use of promotional products to motivate employees, boost productivity and improve customer service. The survey results will be available in the coming weeks. Association Launches Facebook Page For End Users "Social media sites, specifically Facebook, are about assembling online communities and encouraging two-way communication between groups--in this case, the Association and the end buyers of promotional products," says PPAI Communications Coordinator Erica Edwards. Visit PPB online to read more. |
Women Leaders Gather In Savannah For Education Tonight's WLC opening event, "Gone With The Women," is led by Deb Gauldin, contributing author to the book Humor Us: America's Funniest Humorists on the Power of Laughter. In these tense economic times, the power of laughter is a concept that's become more important than ever. Gauldin will share wisdom and skills for creating balance and handling stress. The four-day conference continues Wednesday with empowering and interactive sessions that address self-marketing techniques, improving sales and building better communication with customers. And, the nearly 150 attendees will also be participating in activities that showcase the best that WLC's host city has to offer. Watch next week's PPB Newslink for a comprehensive follow-up story on Women's Leadership Conference. PPB To Host Expert Panel At North American Leadership Conference "Today's Leaders Talk Trends, Challenges and Opportunities" will allow attendees to engage in lively discussions with industry members. Panel members are Marc Simon, CEO of Sterling, Illinois-based distributor HALO/Lee Wayne (UPIC: LEEWAYNE); Michael Emoff, chairman and CEO of Dayton, Ohio-based distributor Shumsky (UPIC: SHUMSKY); and Mark Wingrove, president of BIC Graphic Canada; David Nicholson, vice president of New Kensington, Pennsylvania-based Leed's (UPIC: LEEDS); Paul Lage, MAS, CEO of Indianapolis, Indiana-based supplier Norwood Promotional Products (UPIC: NORWOOD); and Jeff Lederer, executive vice president of Bridgeport, Connecticut-based supplier Prime Resources Corp. (UPIC: PRIME). Topics for the panel cover finances, credit, staffing, product safety, marketing and more. PPAI President and CEO Steve Slagle, CAE, will moderate the discussion. Don't miss this opportunity to expand your business horizons and build on the successes of industry powerhouses. Click here to register, or for more information contact Professional Development Manager Kip Eads, CAE. Get On The Fast Track With PPAI University's New Curriculum Valued at $300, PPAI University's "Fast Track--The Promotional Consultant's Edge" is a new curriculum available exclusively to PPAI members and their employees. Adapted from Blaise's "How To Launch A Wildly Successful Career in Promotional Products Sales," the 24-lesson, online immersion program is designed to answer some of the most challenging business questions, including what clients want, the best way to sell solutions and how to grow sales and profits. Graduates of Blaise's back-to-basics system have more than doubled (some have even quadrupled) their sales by implementing his innovative strategies. If you're ready to join them, call PPAI's Membership Services at 888-I-AM-PPAI (426-7724), ext. 3218 for more information. Learn More About Tracking Labels In The Next PPAI Webinar Effective August 14, tracking labels will be required for all products intended primarily for children 12 years of age or younger. Susan DeRagon, associate director for toys and premiums with Specialized Technology Resources (STR), a leading product testing lab, will address the law and offer guidance on "best practices" in tracking labels. As always, a Q&A session will cap the webinar. PPAI Selects Suppliers Achievement Award Nominees Click here for the list of nominees. "With the outstanding creativity that is so frequently displayed within this industry, it is always difficult to select just a few award recipients," says Steve Slagle, CAE, PPAI president and CEO. "This year's winners are an exceptional group and a true testament to the exemplary craftsmanship and ingenuity that continues to demonstrate promotional products as an effective advertising medium." For more information, contact Melissa Peterson at 972-258-3042 or MelissaP@ppai.org. Want To Know What Deserves A Pyramid Award? Ask A Winner. Send your program description to PPAI before August 14. An experienced winner will review your description and provide coaching. For more information, contact Melissa Peterson at 972-258-3042 or MelissaP@ppai.org. Association Now Offers Marketing Tools For Distributors PPAI hopes to add new marketing products throughout the year, and PPAI members are eligible for great discounts. To view samples of the current pieces offered, click here. For more details, contact Gage Chariton, PPAI marketing manager, at 972-258-3045 or GageC@ppai.org.
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As S. 301 Moves To U.S. House, Members Asked To Step Up Efforts PPAI has filed comments for the hearings record, but members are urged to make their voices heard on the issue. Visit PPAI LAW for a more detailed summary and to access a form letter. Phone numbers for representatives can be found at www.house.gov. Scuttled Bill Attributed To Ellis sent a letter to his representative expressing concern that the bill, which required pharmaceutical and medical device companies to report transfers of value to doctors, at a threshold of $100 annually, would cause harm to his and other promotional products companies in the state. "The nuisance factor alone would stop most of these firms from giving anything of any value to a doctor," says Ellis in his letter. He additionally called for the exclusion of promotional products from the bill, or at the least, a minimum per-item threshold value of $25. product responsibility
PPAI Joins Petition Requesting In a separate letter to the Consumer Product Safety Commission (CPSC), PPAI President and CEO Steve Slagle, CAE, reminds the commission of comment PPAI filed in April that explain the challenges of compliance for promotional products companies. "These challenges remain and our industry desperately needs comprehensive guidance from the CPSC on the many issues we raised in those comments," Slagle writes. |
AIA Welcomes Cort And Varner Hirsch Gift Welcomes New Reps Alegria, Friedman Alegria will cover northern California, Oregon and Washington. Friedman will cover southern California and Nevada and continue to serve northern California, Oregon and Washington. J.Charles Crystalworks Places This is a newly created position for the companies, which together comprise the Recognition Alliance. As vice president, Ford is based out of Phoenix, Arizona. Newton Manufacturing Proforma Hires Two For New Accounts Program, Adds 14 Distributors Proforma also welcomes 14 new distributors to its company. Click here for the full list. Vernon Company Adds Executive VP Stevenson To Directors Board Click here to read more. |
Paul Lage, MAS, shares more about Norwood's acquisition by BIC Graphic USA on this week's Industry Show. |
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Delve Into Denim Good Timing Best-Dressed Men Share Your Sports Campaigns With PPAI what would you do?
A distributor asks: "One of my longtime suppliers just filed for bankruptcy protection but is still in operation. Should I continue doing business with them?" What's your answer? E-mail answers along with your name, title and company name to Question@ppai.org by July 31 for possible inclusion in the October 2009 issue of PPB magazine. |
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