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November 23, 2009 10:25 AM ET
Wholesale and Distribution
General Binding Corp.

Company Overview

General Binding Corporation engages in the design, manufacture, and distribution of branded office equipment, related supplies, and laminating equipment and films. It operates in two groups, Commercial and Consumer, and Industrial and Print Finishing. The Commercial and Consumer group offers various products, including binding, punching, and laminating equipment and related supplies; visual communications products, such as writing boards, bulletin boards, easels; document shredders; custom binders and folders; and desktop accessories. It also provides maintenance and repair services for these products for use by consumers and commercial customers. The Industrial and Print Finishing group pro...

Detailed Description

One GBC Plaza

Northbrook, IL 60062

United States

Founded in 1936

3,600 Employees

Phone:

847-272-3700

Fax:

847-272-1389

www.gbc.com

Key Executives

Chief Financial Officer and Senior Vice President
Age: 47
Group President - Industrial and Print Finishing Group
Age: 59
President of GBCs Europe Group and Senior Vice President of Worldwide Office-Products Marketing
Age: 59
Senior Vice President - Worldwide Manufacturing and Logistics
Age: 60
Vice President
Age: 61
Compensation as of Fiscal Year 2009.

Key developments for General Binding Corp.

GBC to Introduce Two New Laminators that Save Time and Increase Productivity

GBC will be introducing the newest generation of cold, pressure-sensitive laminators in the GBC booth # 213 at Print '09, held at McCormick Place in Chicago, IL on September 11--16, 2009. GBC is set to unveil later this month two new wide format roll laminators, the 640t and the 2064Ct, for mid-to high-volume production at sign and banner shops, commercial printers, quick printers, and reprographic shops. Both laminators are designed to answer the increased production needs of the heat-sensitive wide format digital marketplace, and are ideal for solvent and eco solvent printed media and UV printed adhesive backed vinyl materials. The 2064Ct is priced at $17,995 and the 640t is priced at $7,195. Both laminators will be available to order in early to mid October.

General Binding Corp. Plans More Layoffs for Pleasant Prairie Plant

General Binding Corp. has informed state officials that it intends to permanently cut 75 more jobs from its plant in Pleasant Prairie beginning this fall. The layoffs from the plant, at 10303 80th Ave., will begin in October and continue over the next seven months, the firm said in a Worker Adjustment and Retraining Notification letter received by the Wisconsin Department of Workforce Development. State law requires 60 days notice of a mass layoff. GBC informed the state in June that it planned to lay off 21 employees from the Pleasant Prairie plastic products plant.

Acco Appoints BMO To Assist In Strategic Review Of Its Commercial Laminating Business

Acco Brands Corp. announced on November 26 it has retained BMO Capital Markets as its financial adviser to assist the company in completing a strategic review of its Commercial Laminating Solutions business, including a possible sale of the segment.

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Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
February 1, 2009
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