Journal Communications announced that it had sold its IPC Print Services business to Walsworth Publishing Company. Terms of the sale were not disclosed.
“Finding a quality buyer for IPC allows us to continue to focus on our core local market media businesses,” said Journal CEO Steve Smith. “We appreciate the contributions of IPC’s many dedicated employees. We are excited about their future business opportunities with a fine company like Walsworth Publishing.”
IPC Print Services specializes in print manufacturing, electronic publishing, data management, assembly, distribution and fulfillment of scientific, medical and technical journals. Journal Communications has owned IPC since 1992.
“With the addition of IPC to the Walsworth family, our new and established customers will find a partner dedicated to expanding its capabilities. We are bringing together two organizations that share the same values and commitment to meet the needs of our customers today and into the future,” said Don Walsworth, President of Walsworth Publishing Company, based in Marceline, MO.
Founded in 1937, Walsworth Publishing Company is among the 50 largest printing companies in the US and top 10 book printers. The company is also the only American- and family-owned publisher of yearbooks.