Richmond, Va., June 5, 2017 – Employee-owned Worth Higgins & Associates, Inc., Virginia’s largest sheet fed commercial printer, today announced the acquisition of Stern’s Printing and Engraving Company.
Effective June 1, 2017, the acquisition will add 4 employees to the Worth Higgins & Associates, Inc. payroll and is calculated to generate an additional $2 million in annual sales.
“The acquisition of Stern’s is a perfect fit for Worth Higgins & Associates, since 1970, the foundation of our business has been built on doing business with integrity. The culture of Stern’s exemplifies integrity, they will fit in very well with our team,” says Rick LaReau, chairman and CEO of Worth Higgins & Associates.
Ben Harper, president of Stern’s added, “Stern’s has earned a reputation for quality through our attention to detail and strict control of the production process. We have long admired Worth Higgins & Associates because of the company’s strong reputation for quality, service and product innovation. We are excited about this new partnership and the additional services it will bring to our client base.”
Benny Bowman, president and chief operating officer of Worth Higgins & Associates is excited about the acquisition and future growth of Stern’s. “By taking advantage of Worth Higgins & Associates arsenal of equipment, additional service offerings, and buying power, Stern’s will be able to grow their business. Worth Higgins & Associates remains committed to investing in cutting-edge technology and acquiring companies who share our core philosophies, this will ensure the future of the company for our 165 employee-owners.”
Stern’s will operate as a stand-alone division of Worth Higgins & Associates making for a smooth transition for their customer base.
About Sterns Printing and Engraving Company
Founded in 1962 and headquartered in Richmond, VA, Stern’s serves companies throughout the United States and Internationally. Serving industries including legal, financial services, and manufacturing, its clients include leading companies in all business sectors.
About Worth Higgins & Associates
Worth Higgins & Associates is Virginia’s largest sheet-fed commercial printer. Since 1970, the company has served the printing and communication needs of businesses and organizations throughout the mid-Atlantic. Today, as an employee-owned company, Worth Higgins & Associates offers conventional, digital, wide format, letterpress and promotional printing. The company’s multi-channel solutions offer on-demand, web-to-print systems, custom finishing, fulfillment, warehousing, and mailing options.
Worth Higgins & Associates, Inc.
8770 Park Central Drive
Richmond, Virginia 23227
Scott Hudson (email)