05.08.17
Continuing its trajectory of strategic growth, Goss International announced the acquisition of Loudon Machine, Inc. in an asset transaction.
“This is our second acquisition in 2017 to help grow our aftermarket business and enhance our product offerings,” says Stan Blakney, COO of Goss. “This purchase focuses on the post-press segment of the market, and enables us to enhance our bindery products and service – parts capabilities.”
Based in Effingham, IL, Loudon Machine is a full-service company focused on the commercial printing industry. It specializes in the worldwide supply of new and refurbished bindery equipment, parts and service, with a product line extending from saddle stitchers, feeders and bases to shuttle hoppers, test stands, and trimmers. In addition to their printing industry expertise, Loudon has several custom manufacturing services.
Goss and Loudon will work synergistically to further expand their joint capabilities in the finishing and bindery segment of the commercial printing business, while augmenting the scope of Goss’ customer service range.
“We want to be able to fulfill customers’ needs for new and refurbished equipment throughout, from press to post-press,” Blakney said. “Loudon enhances our capabilities as we continue to push down the path towards expanding our aftermarket business. We will continue to look for additional opportunities for both organic and inorganic growth.”
“This is our second acquisition in 2017 to help grow our aftermarket business and enhance our product offerings,” says Stan Blakney, COO of Goss. “This purchase focuses on the post-press segment of the market, and enables us to enhance our bindery products and service – parts capabilities.”
Based in Effingham, IL, Loudon Machine is a full-service company focused on the commercial printing industry. It specializes in the worldwide supply of new and refurbished bindery equipment, parts and service, with a product line extending from saddle stitchers, feeders and bases to shuttle hoppers, test stands, and trimmers. In addition to their printing industry expertise, Loudon has several custom manufacturing services.
Goss and Loudon will work synergistically to further expand their joint capabilities in the finishing and bindery segment of the commercial printing business, while augmenting the scope of Goss’ customer service range.
“We want to be able to fulfill customers’ needs for new and refurbished equipment throughout, from press to post-press,” Blakney said. “Loudon enhances our capabilities as we continue to push down the path towards expanding our aftermarket business. We will continue to look for additional opportunities for both organic and inorganic growth.”