(Catalog Age) Three months after its parent company filed for Chapter 11 bankruptcy protection, human-resources products cataloger G. Neil Cos. is on the selling block. But G. Neil president Terry Jukes expects that the $50 million cataloger will be sold by the end of the year.
Brea, CA-based signage and office products manufacturer/marketer Centis filed for Chapter 11 bankruptcy protection on Aug. 1. According to a release, the $155 million Centis was burdened by excessive debt. In addition to G. Neil, Centis owns a wholesale division and three other catalogs, Century Business Solutions, Century Photo Products and Light Impressions, which are also for sale.
Sunrise, FL-based G. Neil, which employs about 350 workers, is one of the nation’s largest suppliers of human-resources products and services, including signage, motivational gifts and employee records software. The company was acquired by Centis, then known as 20th Century Plastics, in 1998.
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