Image Printing Merges with Knight Printing
Tuesday, May 26, 2009
Press release from the issuing company
Fargo based Knight Printing, LLC announced today it has merged with Image Printing, Inc. of Bismarck, ND. Image Printing is a leading provider of design, printing and mailing services to businesses throughout the upper Midwest. Image partners, Dave Nelson and Todd Clausnitzer, will join Rich Slagle, Knight partner, on the company's executive management team and board of directors. The combined workforce is anticipated to be around 120 people. The terms of the merger were not disclosed.
The merger will enhance Knight's North Dakota platform by expanding its existing production capacity in Bismarck. The company will continue its tradition of growth by adding new digital presses, variable data and other related capabilities already available in Fargo. The existing Richtman's Printing location will be consolidated into the Image facility. "This merger with Image Printing fits exactly with our growth strategy," said Rich Slagle. "It adds needed capacity, provides important new customer relationships and opens the door to future synergies as we blend our Fargo and Bismarck operations."
"Image Printing has enjoyed rapid growth since its inception in 1994 based on the strength of our management team and the talents of our staff," said Todd Clausnitzer. "We believe the merger will allow both companies to benefit from added capacity, while maintaining our focus on customer service."
Dave Nelson said, "Both Knight and the former Richtman's Printing enjoy great reputations and will immediately help to create incremental scale advantages. Their products and services match exactly with our core expertise and we expect a smooth integration. We look forward to bringing new benefits to Image and Knight Printing customers."