It’s “Business As Usual” at Norwood

Monday, June 22, Philadelphia—In a briefing on the buyout of Norwood Promotional Products, Indianapolis, by Clearwater, Florida-based BIC Graphic USA, Norwood Promotional Products CEO Paul Lage spoke with Promo Marketings editorial director, Nichole Stella, to discuss the impact the buyout could have on the company’s future as well as on present operations.

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Carlson Craft Cuts 114 Positions

Carlson Craft cut its workforce by 114 positions Thursday in an effort to align the business with current economic conditions. The company is part of Taylor Corp., which has had a series of layoffs in various companies since last fall.

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Become a fan of the Environmental Protection Agency

APRIL, THE Environmental Protection Agency (EPA) launched a simple but effective initiative called “Pick 5 for the Environment.” The program provides a list of 10 simple actions anyone can take to move themselves along the road of personal environmental responsibility. The EPA is asking the public to pick five of the 10 actions listed, and then to share their own thoughts by using a variety of social media sites.

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Making Time

4236 B.C. FOLLOWING the 365-day cycle of the star Sirius, ancient Egyptians record the very first year. An auspicious day for humanity to be sure, but even more so for those in the calendar business. After all, without the star-gazing and detail-obsessed people hanging out by the Nile all those years ago, they’d be without a job.

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BIC Graphic USA To Acquire Norwood Promotional Products

Indianapolis-based Norwood Promotional Products and BIC Graphic announced today a definitive agreement for BIC to acquire Norwood. After presenting a last minute offer, BIC was awarded the sale  outbidding the original stalking horse, Aurora Resurgence. Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. BIC Graphic USA is a division of BIC USA Inc., a leading promotional products supplier.

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Survive & Thrive

DABBLE A bit in the philosophical realm, the term “golden mean” is often applied in the discussion of ethics for the greater good of society. It is said to be the ideal middle ground between two extreme points of view and many of the world’s greatest thinkers—from Aristotle to Confucius—have touched upon it in their teachings.

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