After more than 100 years in business, Midland has grown from a single Midwest location to a national company with offices from coast to coast.
This type of growth requires relentless effort and a continual focus on doing things right.
We bring the best products, the best people and the best service to all of our customers in all of our business segments. Play the video to see how we do it.
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Recent Paperclips Industry News
20Aug 18
American Media, Inc. Receives Final Payment From Meredith Corporation For Sale of Shape
American Media, Inc. announced that it has received a final payment of $19 million as part of its agreement to sell Shape to Meredith Corporation. This payment closes the three-year profit sharing agreement between the companies. AMI received an initial payment of $60 million in 2015. The total valuation of $79 million represents a seller’s multiple of more than 13x Shape’s earnings on a stand-alone basis at the time of the acquisition and a buyer’s multiple of 8x on a contribution basis. Click Read More below for additional information.
20Aug 18
Oil Steadies After Longest Run of Weekly Losses in Three Years (bloomberg)
Oil steadied after its longest run of weekly declines in three years, as traders weighed threats to economic activity in emerging markets against risks to supplies around the world. Futures in New York were little changed. Prices fell for a seventh week last week as the currency crisis in Turkey raised fears of contagion, further rattling investors already worried by the ongoing trade dispute between the U.S. and China. At the same time, crude was buoyed by North Sea strikes, stagnant U.S. drilling and continued concern that American sanctions will hurt Iranian sales. Click Read More below for additional information.
20Aug 18
Study reveals three unexpected categories driving growth for physical retailers (chainstoreage)
Brick-and-mortar retailers should look to impulse purchases as a focal area for growth.
According to a new report from general merchandise and health-beauty-and-wellness trade association GMDC, books, trial and travel, and grilling are continually beating total store growth within physical retailers — and each of these categories represents products commonly considered impulse purchases. The growth in sales among these three product categories reinforces the impulse purchase as a focal area for growth among brick-and-mortar retailers, GMDC advised. Click Read More below for additional information.