Hooven-Dayton Acquires Benchmark Graphics
DAYTON, Ohio—Hooven-Dayton Corporation (HDC) and Benchmark Graphics announced the completion of Hooven-Dayton’s acquisition of Benchmark Graphics of Richmond, Indiana. HDC’s corporate headquarters will remain in Huber Heights and the Richmond plant will now operate under the Hooven-Dayton name.
“We felt Benchmark was a good fit to expand our capabilities, capacity, and scale. They bring with them skilled people, presses, products, technologies, and room to expand the operation to second and third shifts. The addition of Benchmark will greatly accelerate our strategic growth initiative, expand our geographic footprint, and allow us to be more competitive in some markets.” explained Christopher Che, CEO of HDC. “The combination of HDC and Benchmark brings together two established and respected names in the label printing industry, and provides a powerful opportunity to advance both companies’ strategic priorities. Benchmark’s leadership and employees have done an outstanding job creating a very solid company. HDC is strategically building a larger, stronger, more agile and innovative business with room to grow. The new company will be positioned for improved, consistent, and stable top-line growth and a sustainable value for the short and long term.”