Jostens

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Jostens
Founded 1897; 119 years ago (1897)
Founder Otto Josten
Headquarters Minneapolis, Minnesota, United States
Number of locations
13 facilities in North America
Area served
National
Products Class rings, Yearbooks, Announcements, Caps & gown, Apparel, Championship rings
Parent Newell Brands
Website www.jostens.com

Jostens is an American manufacturer of memorabilia. The company is primarily known for its production of yearbooks[1][2] and class rings[3] for various high schools and colleges as well as championship rings for sports.[4] Jostens also produced photobook products for Disney's PhotoPass photography service offered at Disney theme parks and resorts.[5]

Otto Josten founded the company as a watch-repair business in Owatonna, Minnesota, in 1897.[6][7] As well as its headquarters near Minneapolis and operational offices in Owatonna, Jostens has facilities in Calgary, Alberta; Clarksville, Tennessee; Denton, Texas; Eagan, Minnesota; Laurens, South Carolina; Norman, Oklahoma; Sedalia, Missouri; Shelbyville, Tennessee; State College, Pennsylvania; Topeka, Kansas; Visalia, California; and Winnipeg, Manitoba.

In mid 2013, Jostens released the yearbook industry's first iPad app at the National Scholastic Press Association Spring Convention in San Francisco.[8]

In April 2015, Jostens entered into an exclusive partnership with Adobe Systems to produce Monarch, the industry's first browser-based InDesign and Photoshop yearbook creation solution.[9]

On October 14, 2015, Jarden announced that it would acquire Jostens for $1.5 billion, stating that it planned to take advantage of synergies with its other properties (particularly Rawlings and Yankee Candle), and "turn it into a true consumer-product business, as opposed to it historically being run like a printing asset".[10][11] The acquisition was completed on November 2, 2015.[12]

References[edit]

  1. ^ Farhad Manjoo (28 May 2013). "Most Likely to Succeed". Slate Magazine. The Slate Group. Retrieved 16 January 2014. 
  2. ^ Ki Mae Heussner (25 September 2012). "With $3.6M, TreeRing revives the yearbook for the Facebook generation". GigaOM. Retrieved 16 January 2014. 
  3. ^ Barmash, Isadore (2003). A Not-So-Tender Offer. Beard Books. p. 23. ISBN 1-58798-171-8. 
  4. ^ Harmon, Michael (2005). The Savvy Guide to Fantasy Sports. Indy Tech Publishing. p. 18. ISBN 0-7906-1313-1. 
  5. ^ Hooper, Michael (January 27, 2007). "Jostens Inc. partners with Disney". Topeka Capitol-Journal. .
  6. ^ "Jostens Investor Information". 
  7. ^ "Jostens looks into expanding operations in Owatonna". 18 April 2014. Retrieved 18 April 2014. 
  8. ^ "Jostens Introduce Educational iPad App". 
  9. ^ "Jostens launches Monarch Cloud Service for Yearbook Creation". 
  10. ^ Picker, Leslie (2015-10-14). "Jarden Reaches Deal to Buy Jostens for $1.5 Billion". The New York Times. ISSN 0362-4331. Retrieved 2015-10-25. 
  11. ^ "Jarden to Buy Yearbook Maker Jostens for About $1.5 Billion". Bloomberg. Retrieved 14 December 2015. 
  12. ^ "Jarden Completes Acquisition of Jostens". www.prnewswire.com. Retrieved 2016-01-04. 

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