FORM Magazine: News -
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Published on: 8/12/2000
Last Visited: 8/12/2000
The deal was the first acquisition for Repacorp owner Rick Heinl.His firm more than doubled capacity and physical plant size with the acquisition of the 56, 000-square-foot leased facility.it be a great plant, he says.it be extremely efficient.it be given us [ needed ] capacity.We could not find people for a second or third shift in Dayton..
As part of the deal, Heinl hired 38 of the plant's 50 employees.Some of the employees were not needed because they duplicated administrative functions performed at Repacorp's headquarters and because the Wisconsin facility performed composition work for OEI company-wide, Heinl explains.The purchase allows Repacorp to expand its process printing capabilities and add U.V. capabilities, 18-inch widths and the ability to print on adhesives.
Highland Computer Forms Inc. acquired OEI's Urbandale (Des Moines), Iowa, custom forms plant May 8. The deal was the second Des Moines area acquisition for the Hillsboro, Ohio, firm in less than a year.In July 1999, the company purchased Economy Data Products Inc., also in Urbandale.As part of the agreement, Highland hired approximately 35 employees, nearly all the work force at the 50, 000-square-foot leased facility.
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