Ennis, Inc. Acquires Allen-Bailey Tag & Label
Through one of its subsidiaries, Midlothian, Texas-based supplier Ennis, Inc. has acquired Allen-Bailey Tag & Label of Caledonia, New York, in a purchase of assets and assumption of trade payables. The business will remain in its current location.
Allen-Bailey has operated in Caledonia for almost 70 years, producing tags and labels for the fire safety and agriculture (shellfish) industries, and has sales representatives in several states outside of New York. The business generates about $12 million in annual sales. Ennis also owns another business in Caledonia—Specialized Business Forms, Inc., which it acquired in 2005.
Keith Walters, president and CEO of Ennis, says, “We are glad to have added another well known, quality tag and label brand to our operations within the Ennis family. It is also important that we have added new market niches and that we have expanded our geographic presence of tags and labels into the Eastern Seaboard. We look forward to growing this business and continuing its fine customer service.”