Documents Reveal Taylor Corp. as Top Bidder for Standard Register
The Committee of Unsecured Creditors for Standard Register learned of this change at noon Tuesday, and objected to the change, it submitted in a court filing.
Taylor Corp. is one of the largest privately-held companies in the country with more than 9,000 employees and more than 80 subsidiaries, including ADG Promotional Products, Hugo, Minn., and Amsterdam Printing, Amsterdam, N.Y., as well as fellow Mankato, Minnesota-based Carlson Craft, Label Works, and Navitor. Glen Taylor, the billionaire founder of Taylor Corp., started working at Carlson in the 1960s, bought the company, then Carlson Wedding Services in 1975. He also owns the NBA's Minnesota Timberwolves and the Minneapolis Star Tribune.
Amanda L. Cole is the editor-in-chief of NonProfit PRO. She was formerly editor-in-chief of special projects for NonProfit PRO's sister publication, Promo Marketing. Contact her at acole@napco.com.