Paper and Plastic PromotionalNoteworthy Acquires Krieger-Ragsdale's Memo Book Division
Noteworthy is pleased to announce the acquisition of K-R's memo book division. The purchase of technologically advanced equipment combined with hiring of key personnel will allow a portion of K-R's 100 year old product line to continue under new ownership.
According to Chad Majewski, VP of Sales, "With a name like Noteworthy, providing a full line of products for note taking just makes sense. Our distributor friends have already contacted us hoping we would be able to create memo books. Now we can! These flip cover pads are an affordable give-a-way for a variety of industries; real estate, retirement villages, home health care and banks are just a few. I am excited about the new opportunities."
"This is a bitter-sweet acquisition. It is unfortunate to see a long term fixture in our industry succumb to bankruptcy, however, we recognized that the product line was a staple in our industry. These memo books are a natural extension to our paper products and enhance our notepad line," said Carol Constantino, president. "Memo books are pocket sized notebooks with full, four color process covers, they seem to close the gap between our presentation folders and our custom notepads."
Wayne Ballard, VP of Manufacturing, stated, "We anticipate this transition to be easy. The machine should be moved, up and running and ready to take orders within 6 weeks max. We always get excited about new equipment and technology. We are all dedicated to providing top quality products and this will be another great addition to our lineup."
About Noteworthy
Noteworthy is a family-owned manufacturer of promotional products. The company was founded in 1954 when Tom Constantino invented the car litterbag. Noteworthy is a Top 40 Supplier to the promotional products industry and prides itself on the ability to manufacture in the United States. Today the company manufactures a variety of promotional products including plastic & paper bags, presentation folders, notepads, coloring books and a full line of business gifts and recognition awards. In 2008, Noteworthy became the first company to digitally print on plastic and took the lead in developing the market for oxo-biodegradable plastic bags.