Schmidt Printing Revenue and Competitors

Byron, MN USA

Location

N/A

Total Funding

Printing

Industry

Estimated Revenue & Valuation

  • Schmidt Printing's estimated annual revenue is currently $7.5M per year.(i)
  • Schmidt Printing's estimated revenue per employee is $50,336

Employee Data

  • Schmidt Printing has 149 Employees.(i)
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$7.5M62N/AN/AN/A
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For over sixty years, Schmidt Printing was owned and operated by Schmidt family members. Gustave's two sons (Harold and Norman) and his wife Dorothy operated the business following Gustave's death in 1931. Harold's son Casey bought the business from his father in 1966 and was the last Schmidt family member to own the company. In addition to printing, the company also sold office furniture and supplies until 1969. Large customers included Mayo Clinic and IBM. Casey Schmidt sold the company to Sacred Design (a printer of church bulletins) in 1972. In 1976 Casey and Al Tuntland bought the company for $1 and the cost of paying off an outstanding tax bill. Al then purchased Casey's interest in the company in 1983. It was during Al's leadership that Schmidt emerged as a web offset printer focused on printing insert cards for the magazine publishing industry in addition to general commercial printing. In 1989 Schmidt was acquired by Minnesota-based Taylor Corporation, a large, privately held marketer and specialty printer. This alignment fortified Schmidt's value-added printing services to include direct marketing, e-commerce solutions, corporate identity programs, 1:1 marketing, newsletter design and web site development. Schmidt added the card pack line of business in 1990 with the purchase of Dimensions in marking, a B-to-B card pack company. Ever mindful of the monumental changes and opportunities brought about by technology, we continue to evolve, grow and develop our offerings. When we expanded our production facilities to the East Coast we were one of the first companies in the industry to utilize click-and-print technology between our Byron and Harrisburg plants. Further advancements in technology and an ever-changing market enabled us to move all production facilities back under one roof with an 80,000 square foot expansion of the Byron plant in 2004. In March of 2006, Schmidt acquired the cooperative direct mail and reader service card lines of business from Scoville Press, Inc. in Plymouth, Minnesota. The purchase of print and collating assets greatly enhanced our ability to serve both the direct mail and publishing markets. The addition of Scoville's technology enabled Schmidt to capitalize on the strengths of both organizations, broadening the spectrum of products and services to include full-bleed card decks and unlimited size configurations of cooperative direct mail packages in addition to in-line UV coating. Today, Schmidt serves over 200 newspapers and half of the top magazines published in the U.S., as well as direct marketers around the world. We are located in Byron, Minnesota, 15 miles west of our humble beginning. From a tiny three-man print shop atop an old-fashioned grocer, to a team of more than 350 talented people, Schmidt continues to set new standards in excellence.

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Total Funding

149

Number of Employees

$7.5M

Revenue (est)

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Employee Growth %

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Valuation

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Accelerator

Schmidt Printing News

2022-04-19 - Pain in the neck? New surgical method could be game ...

... and professor of surgery, FAU's Schmidt College of Medicine, ... finite element simulation and 3D printing to help surgeons design a...

2022-04-17 - Triplet fusion upconversion nanocapsules for volumetric 3D ...

Three-dimensional (3D) printing has exploded in interest as new ... Schmidt, T. W. & Castellano, F. N. Photochemical upconversion: the...

2022-04-13 - Navy to Deploy Up to Four Cargo Drones on an Aircraft ...

A NAWCAD spokesperson clarified Schmidt's statement following an ... What ever happened to printing parts onboard? doesn't seem to get the...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$64.5M166-2%N/A
#2
$116.5M3006%N/A