If you get or give flowers on St. Valentine’s Day, it’s possible Watertown Township’s John Henry Company had a part in everything except the blossoms.
John Henry prints and packages items for the horticultural industry, ranging from bows and labels to the plastic picks that might be attached to a bouquet. Gift cards and stationery come off its presses. It also markets materials for corsages (think proms and weddings) and for grower and garden centers.
The company has just benefited from the financial market downturn by picking up 10 employees from a rival firm, TMG-Mazer, a division of Vandalia, Ohio-based Mazer Corp. Mazer, a printer of education-related materials, closed its doors Dec. 30 with no notice to its employees, according to the Dayton Daily News. A Mazer spokesperson attributed the closure to a reduction of orders.
But John Henry was able to hire some of the workers who will be sent to a Texas subsidiary.
John Henry is owned by New York-based Multi Packaging Solutions. Multi Packaging was tied to Bear Stearns Merchant Banking, which was an independent affiliate of Bear Stearns Cos. Inc. before New York’s JPMorgan Chase Morgan & Co. took over the investment bank, according to the Lansing State Journal.
Source: Lansing State Journal, John Henry and other web sites
Gretchen Cochran, Innovation & Jobs editor, may be contacted here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.