The Walsworth printing company has purchased the property that houses the St. Joseph business on Maiden Lane in St. Joseph Township. Walsworth said he acquired IPC Print Services (also known as Imperial Printing) in 2010, taking over the building’s lease in the process and has been leveraging the factory’s printing capabilities ever since. The company now has full ownership of the property.
“By purchasing this building, we are telling our employees and the St. Joseph community that we are here to stay,” said Phil Archer, general manager of Walsworth St. Joseph. . “This is another step in demonstrating our commitment to this location.”
Lucas Vandermolen, manufacturing support manager at Walsworth in St. Joseph, feels the acquisition is a big step for the future of the plant. “The investment to own our facility is a significant commitment by the Walsworth family to our employees, customers and community,” said Vandermolen. “This purchase shows how much Walsworth values our factories and employees. It supports our mission of creating opportunities for our teams, customers and communities through print. ”
The company said the success of the St. Joseph plant and its employees was the driving force behind the acquisition. “This is the culmination of our customer relationships, our growth as a factory, and the way we have been able to make the most of our past capital investments,” Archer added. “In short, this is a reflection of all the effort our employees put into meeting our customers’ needs.”
CFO Jeff Vogel feels this decision speaks to the company’s overall strategy and values. “This reaffirms that we are not short-term people,” Vogel said. “We take a long-term view and are very conscious of our commitment to our employees and our community. We simply put our money where our mouth is.”
Don Walsworth, president of Walsworth, concluded the company’s statement with the following statement: He appreciates the hard work of Joseph’s employees and how it has contributed to the company’s growth over the past 10 years. ”
Walsworth is a family-owned company headquartered in Marceline, Missouri. He is said to be the third largest book and magazine printer in the United States. Walsworth has printing plants in Missouri, Wisconsin and here in St. Joseph.