Indiana company buys Antioch Publishing
Tuesday, March 04, 2008
YELLOW SPRINGS — Antioch Co. said it has sold Antioch Publishing Co., a producer of bookmarks and related accessories, to Trends International LLC, a manufacturer of posters, calendars, coloring kits and stationery.
Terms of the sale were not announced.
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Antioch Publishing employs 36 people, including part-timers, with 22 in Yellow Springs and 14 in Fairborn. Antioch Publishing's operations will be relocated to Trends International's plant in Indianapolis.
The bookmarks company began in 1926 as the Antioch Bookplate Co., when two students from Antioch College bgan printing and selling bookplates, decorative labels that allowed people to personalize their books. The company was not affiliated with the college. Decades later, the company was renamed Antioch Publishing Co.
The parent Antioch Co. said it will keep its corporate headquarters, and its printing and manufacturing operations, in Yellow Springs. The sale does not involve Creative Memories, an Antioch Co. unit which sells traditional and digital scrapbook products and custom frames for pictures.
The sale of the bookmarks business will allow Antioch Co. to focus on Creative Memories, a larger business which has international operations, said Lee Morgan, chief executive officer of Antioch Co.
