animatronic
Senior Member
Spidey senses says that the Pennsauken, NJ expansion is more suspect. They bought a distressed firm in 2008 and turned it into a "vibrant" location according to DoFo's bio. But there is no reference to Deco via online sources (assume it's http://www.wisetaglabel.com/ ?). There's got to be dirt there.
http://www.labelandnarrowweb.com/is...-news/w-sprague-wise-76-of-wise-tag-label-co/
Sprague became President and CEO of Wise Tag & Label Co., Inc. when his father Percival stepped aside and became the chairman of the company. Sprague served in this position until he was forced to retire due to health reasons in 2008. Sprague had been very active in the label community until his retirement. He was a fixture at the TLMI meetings and served on numerous committees and chaired the Finance Committee several times.
So Doug says he saved a distressed company, and the owner says he was too sick to keep running it.
ETA: Looks like the owner's kid carved out part of the business and now runs it as Wise Systems: https://www.linkedin.com/pub/kevin-wise/9/32a/79b . (Aside - why does everyone in the label business look the same? Another aside- the guy who sold the business was a competitive swimmer...)
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