Walsworth, a commercial printing company based in Marceline, Mo., said Thursday it was acquiring manufacturing equipment from a Florida firm that is going out of business.
Walsworth is buying several commercial presses, bindery equipment and other items from Boyd Brothers Printing in Panama City, Fla. The financial terms were not disclosed.
Boyd Brothers recently announced it was closing after being in business more than 80 years.
The manufacturing equipment will be moved to Walsworth production plants in Missouri and Michigan in the first quarter of 2015, the company said. The equipment purchase is not expected to affect Walsworth’s employment, said Alex Blackwell, a company spokesman.
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Walsworth, founded in 1937, is one of the nation’s largest printing companies. It said it is also the only American- and family-owned publisher of school yearbooks. It also publishes specialty books, journals and magazines.
The company has about 1,000 employees, including 55 at a sales and marketing office in Overland Park. More than 600 employees work at facilities in Marceline and Brookfield, Mo.
| The Star