05.24.17
Allen-Bailey Tag & Label has acquired assets of Wise Tag & Label of New Jersey. The transaction closed on Thursday, May 11, 2017, for an undisclosed sum. Under terms of the agreement, Allen-Bailey acquires the Wise brand, production equipment and customer accounts in markets ranging from automotive to fire and shellfish.
"The Wise Tag name is widely known in the industry and stands for service and responsibility," says Gene Tonucci, Allen-Bailey's president and CEO. "By merging Wise's brand identity with our 106-year reputation for quality custom products, this acquisition ensures the brand loyalty that has fueled both businesses over the years and will continue to propel our business forward in target markets."
Wise Tag & Label of Pennsauken Township, NJ, USA, ceased tag operations at its 14,000 square-foot manufacturing facility in May, ending the 61-year-old company's long run as a recognized name in the tag and label business.
Allen-Bailey Tag & Label has been manufacturing tags and labels since 1911. As a veteran-owned company, it employs 100 people in Caledonia, NY, and was recently named to Printing Impressions' Top 400 "Who's Who in Printing" list.
"The Wise Tag name is widely known in the industry and stands for service and responsibility," says Gene Tonucci, Allen-Bailey's president and CEO. "By merging Wise's brand identity with our 106-year reputation for quality custom products, this acquisition ensures the brand loyalty that has fueled both businesses over the years and will continue to propel our business forward in target markets."
Wise Tag & Label of Pennsauken Township, NJ, USA, ceased tag operations at its 14,000 square-foot manufacturing facility in May, ending the 61-year-old company's long run as a recognized name in the tag and label business.
Allen-Bailey Tag & Label has been manufacturing tags and labels since 1911. As a veteran-owned company, it employs 100 people in Caledonia, NY, and was recently named to Printing Impressions' Top 400 "Who's Who in Printing" list.