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Vertis Direct Marketing Services LLC history
Vertis Direct Marketing Services LLC company history timeline
1970: George Valassis founds a small printing sales agency in a suburb of Detroit.
By 1974, circulation of his freestanding inserts had g rown to 25 million households on sales of $5.7 million.
The company's employee roll grew to 193 people in 1979, and additions to staff included a young marketing manager from Procter & Gambl e named Dave Brandon.
With the expansion of printing capacity, Valassis's sales more than d oubled in 1984, to $200 million.
1989: Valassis Impact Productions is formed to produce special ized promotional items.
In 1995 Valassis acquired McIntyre & Dodd, a Canadian company tha t produced freestanding inserts and sold mail-order gifts.
1997: Packer sells his stake in Valassis; the new corporate he adquarters is completed.
In August 2000 the company's Valassis Data Management subsidiary acqu ired 80 percent of PreVision Marketing for $30 million plus 145,0 00 shares of stock.
A shareholder filed suit against Valassis in 2004, alleging that the co mpany had not revealed that it was losing market share because of the competition with News America.
The comp any renewed its commitment to the city of Livonia, buying a $30 m illion building from Northwest Airlines in 2005 in order to consolida te its employees from three buildings to one.
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Vertis Direct Marketing Services LLC competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Rapid Displays | 1938 | $23.5M | 200 | - |
| Vertis Inc | 1993 | $27.0M | 150 | - |
| Hit Promotional Products | 1981 | $160.0M | 525 | 4 |
| SG360 | 1956 | $120.0M | 750 | 40 |
| Universal Wilde | 2000 | $140.0M | 560 | - |
| Tribune Direct | 1991 | $6.5M | 114 | - |
| Studentreasures Publishing | 1994 | $18.3M | 150 | - |
| National Mail-It | 1991 | $1.0M | 50 | - |
| Business Ink | 1986 | $8.1M | 78 | - |
| Walsworth | 1937 | $75.1M | 1,250 | 43 |
Vertis Direct Marketing Services LLC history FAQs
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