Standard Register: 3 Things To Know

Standard Register was purchased by Taylor Corp. on Wednesday. The century-old Dayton company was sold in U.S. Bankruptcy Court in Wilmington, Deleware.

Standard Register was purchased by Taylor Corp. on Wednesday. The century-old Dayton company was sold in U.S. Bankruptcy Court in Wilmington, Deleware.
Local News
By Staff Writer
March 8, 2016
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Standard Register's name has been changed to Taylor Communication. It is the latest in a string of news about the 103-year-old company. The former Standard Register weathered some challenges in recent years, including corporate restructurings and being de-listed from the New York Stock Exchange. Here are three things to know about one of Dayton’s oldest companies:

1. New owner: Taylor Corp. bought Standard Register in August 2015. Taylor, a privately held company, is run by billionaire businessman Glen Taylor, owner of the NBA's Minnesota Timberwolves and the Minneapolis Star Tribune newspaper.


2. What happened: After being hampered by years of declining sales and increasing costs, Standard Register sought Chapter 11 bankruptcy protection about a year ago. That March 2015 filing came after the company's acquisition of local rival WorkflowOne, which began in late 2013.


3. Local employees: Standard Register, founded in 1912, employed 3,500 workers, including 850 in Dayton at the time it was acquired by Taylor. Taylor has not said how many employees it has to date.

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Staff Writer