Camsing Global (UPIC: ADVALITE), the Largo, Florida-based parent company of a number of promotional products industry brands, and SENATOR GmbH & Co. KGaA have jointly announced plans to discontinue their supply and marketing agreement effective January 1, 2013. All inquiries about current open orders should be directed to Camsing at 800-446-1154 or via e-mail at firstname.lastname@example.org.
Billy Dolan, CEO of Camsing Global, says: “The decision to end the distribution agreement with SENATOR was not an easy one for both companies, but is the correct strategic move for all. We’ve renewed our focus on our core strengths of domestic manufacturing and global sourcing and will continue to market writing instruments under our new line, StyleWrite™. The Senator branded pens are the only items affected by this change.”
Look for more on this breaking story in Tuesday’s PPB Newslink.