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NAPL Partners with Thomas Industries to Help Printers Explore Strategic Options

Wednesday, April 10, 2013

Press release from the issuing company

The Association’s business management consulting services join with the leading full service printing industry auction and appraisal specialists in North America to create a one-stop resource for owners. 

East Rutherford, N.J.The National Association for Printing Leadership (NAPL) is pleased to announce that it has entered into a partnership with Thomas Industries, Inc., of Guilford, Conn., which will enable it to offer its members and consulting clients an enhanced range of services as they explore their strategic options in a rapidly transforming industry.

“The unique industry expertise of Thomas Industries’ worldwide auction and appraisal services will aid NAPL in its quest to help business owners understand all their options for the future,” says NAPL President and Chief Executive Officer Joseph P. Truncale, Ph.D., “whether that includes selling or acquiring equipment to help them adjust their service options for new opportunities, understanding the real value of their equipment and real estate as they plan for a physical move, or achieving the best results during an orderly liquidation of their business.

“Whatever direction the owners choose, NAPL’s aim is to help them achieve the best possible outcome for all their stakeholders--shareholders, employees, suppliers, and customers,” he continues. “Working with the industry-standard services of Thomas Industries, NAPL can give the owners a clear idea of all their options and the likely scenario for each so that they can make the most informed decisions.”

“We are delighted to be working with NAPL to offer industry companies a single source they can call upon to explore their strategic options, receive unrivaled industry-based advice in determining their course of action, and then implement their decisions through our unmatched industry network of national and international resources,” said Thomas J. Gagliardi, Jr., Thomas Industries President and Chief Executive Officer.

In addition to providing a highly accurate estimate of equipment value, Thomas Industries can help companies in the sale of unneeded or redundant equipment or in the acquisition of equipment from other sources. Thomas can also assist in the sale or purchase of real properties through its network of real estate affiliates.

Through the combined industry knowledge and relationships of our partnership, NAPL and Thomas can also help companies seeking to expand their businesses through the acquisition of tangible and/or intangible assets of other entities.

For more information, contact NAPL Senior Vice President Tim Fischer at (800) 642-6275, Ext. 6376, or tfischer@napl.org ; or Thomas Industries Vice President Tom Gagliardi III at (203) 458-0709, Ext. 102, or tomjr@thomasauction.com.


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