Amsterdam, New York-based Noteworthy announced the acquisition of Krieger-Ragsdale’s memo book division. The purchase of technologically advanced equipment combined with hiring of key personnel, will allow a portion of Krieger-Ragsdale’s 100-year-old product line to continue under new ownership.
According to Chad Majewski, vice president of sales at Noteworthy, “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!” He continued, “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.”
Carol Constantino, Noteworthy president, commented, “This is a bittersweet 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.” Constantino continued, “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, vice president of manufacturing at Noteworthy, stated, “We anticipate this transition to be easy. The machine should be moved, up and running and ready to take orders within six 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.”
For more information, visit www.noteworthy.com.
