Signet Enterprises of Akron, Ohio, has acquired Publishers Storage & Shipping that owns a warehouse in Fitchburg.
Michigan-based Publishers Storage & Shipping specializes in book storage and order fulfillment for small and midsize publishers. In addition to the 104,000-square-foot Fitchburg warehouse, it has smaller warehouses in Ypsilanti, Mich., and Ann Arbor, Mich.
“We’re excited to add Publishers Storage and Shipping Corporation to the Signet family,” Signet Chairman Anthony Manna said in the statement. “Their commitment to service is a philosophical match with us and we absolutely plan to invest in the company to increase their value and profitability.”
No employee attrition is planned, Manna said.
John Helline, also president of Finish Line Binderies, is CEO of Publishers Storage & Shipping. Signet hired Mike Seagram, former president and COO of Sheridan Books in Chelsea, Mich., to serve as president of the company.
