“I have been in this industry for a long time and I can remember years back that when you wanted litter bags, you went to Noteworthy. I just couldn’t believe it,” said Danford. “They are one of the companies that have prevailed through all the transitions and changes through the years.”ĭataPro LLC’s (asi/175783) Teresa Riley Danford was similarly surprised to learn about Noteworthy’s plans. “It breaks my heart,” Harrison told Counselor. Ultimately, he says, he spoke with a Noteworthy representative who said the company would not be in operation past April.
A long-time customer of Noteworthy who couldn’t believe the news that the long-running industry supplier was shuttering up shop, Harrison says he called Noteworthy to confirm. Mike Harrison of MHI Promos Inc., a dealer with Top 40 distributor Kaeser & Blair (asi/238600), received a similar message. Top 40 distributor HALO Branded Solutions (asi/356000) is one of several firms that received notice of Noteworthy’s impending closure. The Noteworthy website, which was active last week, is now also down. At least some of its customer service reps, however, are telling clients of the expected closure. Noteworthy senior executives have not responded to requests from Counselor regarding the supplier’s status. After inventory runs out, though, Noteworthy’s closure now appears imminent and there’s currently no expectation that the firm could be saved through an acquisition, according to people Counselor has spoken with. Noteworthy executives have told clients that the Amsterdam, NY-based firm has the material, staff and production to run its “business as usual” through the end of March. Top 40 supplier Noteworthy (asi/74360) has informed large distributor customers that it will cease operations in April, Counselor has learned.
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