Indianapolis-based Norwood Promotional Products and BIC Graphic announced today a definitive agreement for BIC to acquire Norwood. After presenting a last minute offer, BIC was awarded the sale  outbidding the original stalking horse, Aurora Resurgence. Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. BIC Graphic USA is a [...]

The big question was “SAGE vs ESP, which is better??” With over 67% of the vote, SAGE has taken the title. Both SAGE and ESP are great Windows based product research tools, but apparently SAGE is the favorite among distributors.

Indianapolis-based Norwood Promotional Products, Inc., a supplier of promotional materials such as calendars, pens, golf products and awards, has filed for bankruptcy, blaming a flood at an Iowa factory and $175 million in debt.

Peter L. Klein, founder and chief executive officer of Impact Promotional Publishing LLC, based in Dunedin, Fla., announced on May 1, “… On the 30th anniversary of its founding, [Impact Promotional Publishing] will discontinue publication of the Impact Advertising Catalog and all other promotional industry sales and marketing products.” Klein continued, “Throughout May and June, [...]