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{{Short description|American memorabilia manufacturer}}
{{Infobox company
{{Infobox company
| name = Jostens
| name = Jostens
| logo = Jostens_logo.svg
| logo = Jostens_logo.svg
| type = Private
| type = Private
| founder = [[Otto Josten]]
| founder = Otto Josten
| area_served = [[United States]], [[Canada]], [[Mexico]], [[Europe]]
| area_served = [[United States]], [[Canada]], [[Mexico]], [[Europe]]
| products = [[Class ring]]s, Graduation Regalia, [[Yearbook]]s, Yearbook+™, Graduation Announcements, Announcements+™, Apparel and Accessories, Letter Jackets, Championship Rings, School Photography, Renaissance
| products = [[Class ring]]s, Graduation Regalia, [[Yearbook]]s, Graduation Announcements, Letter Jackets, Championship Rings, School Photography
| owner = [[Platinum Equity]]
| owner = [[Platinum Equity]]
| foundation = {{Start date and age|1897}}
| foundation = {{Start date and age|1897}}
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}}
}}


'''Jostens''' is an American manufacturer of memorabilia. The company is primarily known for its production of [[yearbooks]]<ref name=slate>{{cite web|title=Most Likely to Succeed|url=http://www.slate.com/articles/technology/technology/2013/05/on_demand_yearbooks_treering_saves_students_and_schools_big_money.html|work=[[Slate (magazine)|Slate Magazine]]|publisher=[[The Slate Group]]|access-date=16 January 2014|author=Farhad Manjoo|author-link=Farhad Manjoo|date=28 May 2013}}</ref><ref name=giga>{{cite web|title=With $3.6M, TreeRing revives the yearbook for the Facebook generation|url=http://gigaom.com/2012/09/25/with-3-6m-treering-revives-the-yearbook-for-the-facebook-generation/|work=[[GigaOM]]|access-date=16 January 2014|author=Ki Mae Heussner|date=25 September 2012}}</ref> and [[class ring]]s<ref>{{cite book |title=A Not-So-Tender Offer |last=Barmash |first=Isadore |year=2003 |publisher=Beard Books |isbn=1-58798-171-8 |pages=23 |url=https://books.google.com/books?id=9xdFdnQ9R80C&q=Jostens+%2B%22class+rings%22&pg=PA23 }}</ref> for various [[high school]]s and [[college]]s as well as [[championship ring]]s for sports.<ref>{{cite book |title=The Savvy Guide to Fantasy Sports |last=Harmon |first=Michael |year=2005 |publisher=Indy Tech Publishing |isbn=0-7906-1313-1 |pages=[https://archive.org/details/savvyguidetofant00harm/page/18 18] |url=https://archive.org/details/savvyguidetofant00harm |url-access=registration |quote=Jostens +class rings. }}</ref> Jostens also produced photobook products for [[Disney's PhotoPass]] photography service offered at Disney theme parks and resorts.<ref>{{cite news|url=http://cjonline.com/stories/012707/bus_142074110.shtml|title=Jostens Inc. partners with Disney|last=Hooper|first=Michael |date=January 27, 2007|publisher=[[Topeka Capitol-Journal]]}}.</ref>
'''Jostens''' creates unique experiences and delivers high quality products, such as; yearbooks, class rings and jewelry, graduation cap and gowns, apparel and accessories, letter jackets, championship rings, diplomas and announcements, school photography, and the Renaissance program that helps students and families to participate in, celebrate and memorialize their once in a lifetime experiences that champion a culture of belonging, achievement and pride.


As well as its headquarters near Minneapolis and operational offices in Owatonna, Minnesota, Jostens has facilities in Clarksville, TN; Shelbyville, TN; Denton, TX; Eagan, MN; Laurens, SC; Sedalia, MS; the Dominican Republic; and Mexico.
As well as its headquarters near [[Minneapolis]] and operational offices in [[Owatonna, Minnesota]], Jostens has facilities in [[Clarksville, Tennessee]]; [[Denton, Texas]]; [[Eagan, Minnesota]]; [[Laurens, South Carolina]]; [[Sedalia, Missouri]]; [[Shelbyville, Tennessee]]; the [[Dominican Republic]]; and Mexico.


== History ==
== History ==
Otto Josten founded the company as a watch-repair business in Owatonna in 1897.<ref>{{Cite web | title = Jostens looks into expanding operations in Owatonna| url = http://www.southernminn.com/owatonna_peoples_press/news/article_f7fecb83-2a09-584b-8b56-2529d2bfd81c.html|date = 18 April 2014|access-date = 18 April 2014}}</ref> Jostens (then called "Josten's" — the apostrophe was later dropped) began manufacturing emblems and awards for nearby schools and in 1906, the year of incorporation, Josten added class rings to his product line, to be sold to schools throughout the Midwest.<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/jostens-inc-history/|title=History of Jostens, Inc. – FundingUniverse|website=www.fundinguniverse.com|access-date=2016-10-01}}</ref> Jostens created the American Yearbook Company in 1950,<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/jostens-inc-history/|title=History of Jostens, Inc. – FundingUniverse|website=www.fundinguniverse.com|access-date=2019-01-08}}</ref> later merging it under the Jostens brand.
Otto Josten founded the company as a watch-repair business in [[Owatonna, Minnesota|Owatonna]] in 1897.<ref>{{Cite web | title = Jostens looks into expanding operations in Owatonna| url = http://www.southernminn.com/owatonna_peoples_press/news/article_f7fecb83-2a09-584b-8b56-2529d2bfd81c.html|date = 18 April 2014|access-date = 18 April 2014}}</ref> Jostens (then called "Josten's" — the apostrophe was later dropped) began manufacturing emblems and awards for nearby schools and in 1906, the year of incorporation, Josten added class rings to his product line, to be sold to schools throughout the Midwest.<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/jostens-inc-history/|title=History of Jostens, Inc. – FundingUniverse|website=www.fundinguniverse.com|access-date=2016-10-01}}</ref> Jostens created the American Yearbook Company in 1950,<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/jostens-inc-history/|title=History of Jostens, Inc. – FundingUniverse|website=www.fundinguniverse.com|access-date=2019-01-08}}</ref> later merging it under the Jostens brand.


On October 14, 2015, [[Jarden]] acquired Jostens from Visant Corporation, stating that it planned to take advantage of synergies with its other properties (particularly [[Rawlings (company)|Rawlings]] and [[Yankee Candle]]), and "turn it into a true consumer-product business, as opposed to it historically being run like a printing asset".<ref>{{Cite news| issn = 0362-4331| last = Picker| first = Leslie| title = Jarden Reaches Deal to Buy Jostens for $1.5 Billion| work = The New York Times| access-date = 2015-10-25| date = 2015-10-14| url = https://www.nytimes.com/2015/10/15/business/dealbook/jarden-reaches-deal-to-buy-jostens-for-1-5-billion.html}}</ref><ref name=bloomberg-jardenjostens>{{cite news|title=Jarden to Buy Yearbook Maker Jostens for About $1.5 Billion|url=https://www.bloomberg.com/news/articles/2015-10-14/jarden-to-acquire-yearbook-maker-jostens-for-about-1-5-billion|access-date=14 December 2015|work=Bloomberg}}</ref>
On October 14, 2015, [[Jarden]] acquired Jostens from Visant Corporation, stating that it planned to take advantage of synergies with its other properties (particularly [[Rawlings (company)|Rawlings]] and [[Yankee Candle]]), and "turn it into a true consumer-product business, as opposed to it historically being run like a printing asset".<ref>{{Cite news| issn = 0362-4331| last = Picker| first = Leslie| title = Jarden Reaches Deal to Buy Jostens for $1.5 Billion| work = The New York Times| access-date = 2015-10-25| date = 2015-10-14| url = https://www.nytimes.com/2015/10/15/business/dealbook/jarden-reaches-deal-to-buy-jostens-for-1-5-billion.html}}</ref><ref name=bloomberg-jardenjostens>{{cite news|title=Jarden to Buy Yearbook Maker Jostens for About $1.5 Billion|url=https://www.bloomberg.com/news/articles/2015-10-14/jarden-to-acquire-yearbook-maker-jostens-for-about-1-5-billion|access-date=14 December 2015|work=Bloomberg}}</ref>


Jarden merged with Newell Rubbermaid in 2016 to form [[Newell Brands]].<ref>{{Cite web|url=https://www.zacks.com/stock/news/213690/newell-nwl-closes-jarden-merger-creates-newell-brands|title=Newell (NWL) Closes Jarden Merger, Creates Newell Brands|last=Research|first=Zacks Investment|access-date=2016-10-01}}</ref> In 2018, Newell Brands sold Jostens to Platinum Equity for $1.3 billion.<ref>{{Cite web| title = Newell Brands Announces Agreements to Sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity| access-date = 2018-11-25| url = http://ir.newellbrands.com/investor-relations/press-releases/press-release-details/2018/Newell-Brands-Announces-Agreements-to-Sell-Pure-Fishing-to-Sycamore-Partners-and-Jostens-to-Platinum-Equity/default.aspx}}</ref><ref>{{Cite web|url=https://labusinessjournal.com/news/2018/dec/26/platinum-equity-completes-13b-purchase-jostens/|title=Platinum Equity Completes $1.3B Purchase of Jostens {{!}} Los Angeles Business Journal|website=labusinessjournal.com|access-date=2020-04-07}}</ref>
Jarden merged with Newell Rubbermaid in 2016 to form [[Newell Brands]].<ref>{{Cite web |date=2015-12-14 |title=Newell Rubbermaid to buy Jarden for $13.22 bln |url=https://www.cnbc.com/2015/12/14/newell-rubbermaid-to-acquire-jarden.html |access-date=2024-09-04 |website=CNBC |language=en}}</ref> In 2018, Newell Brands sold Jostens to Platinum Equity for $1.3 billion.<ref>{{Cite web| title = Newell Brands Announces Agreements to Sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity| access-date = 2018-11-25| url = http://ir.newellbrands.com/investor-relations/press-releases/press-release-details/2018/Newell-Brands-Announces-Agreements-to-Sell-Pure-Fishing-to-Sycamore-Partners-and-Jostens-to-Platinum-Equity/default.aspx}}</ref><ref>{{Cite web|url=https://labusinessjournal.com/news/2018/dec/26/platinum-equity-completes-13b-purchase-jostens/|title=Platinum Equity Completes $1.3B Purchase of Jostens {{!}} Los Angeles Business Journal|website=labusinessjournal.com|date=26 December 2018 |access-date=2020-04-07}}</ref>


==Products==
==Products==
Jostens is the primary supplier of [[Super Bowl]] rings, and has made 31 champion rings in the Super Bowl's 50-year history through 2017.<ref>{{cite web |url=http://www.businessinsider.com/super-bowl-champion-rings-2017-2/#super-bowl-ii-1968-green-bay-packers-33-oakland-raiders-14-2 |title=Here are the extravagant rings given to Super Bowl champions over the years |publisher=Business Insider |date=Feb 5, 2017 |access-date=Oct 6, 2017}}</ref>
Jostens is the primary supplier of [[Super Bowl rings]], and has made 31 champion rings in the [[Super Bowl]]'s 50-year history {{As of|2017|alt=through 2017}}.<ref>{{cite web |url=http://www.businessinsider.com/super-bowl-champion-rings-2017-2/#super-bowl-ii-1968-green-bay-packers-33-oakland-raiders-14-2 |title=Here are the extravagant rings given to Super Bowl champions over the years |publisher=Business Insider |date=Feb 5, 2017 |access-date=Oct 6, 2017}}</ref>


⚫
In April 2015, Jostens launched the world's first [[Adobe InDesign]] streaming partnership with [[Adobe Inc.]], called "Monarch," at the [[Journalism Education Association]] spring convention in [[Denver]].<ref>{{Cite press release|url=http://www.prnewswire.com/news-releases/jostens-launches-monarch-cloud-service-for-yearbook-creation-300067497.html|title=Jostens Launches Monarch™ Cloud Service for Yearbook Creation}}</ref>
In addition to carefully crafting customizable Class Rings, Graduation Regalia, Yearbooks, Graduation Announcements, Apparel and Accessories, and Letter Jackets – Jostens has introduced patented pending innovations such as Yearbook+™, and Announcements+™. Jostens also produces premiere quality Championship Rings for professional sports teams, provides School Photography and the Renaissance program that serves as an enduring mental wellness advantage to both teachers and students.

⚫
In April 2015, Jostens launched the world's first [[Adobe InDesign]] streaming partnership with [[Adobe Systems]], called "Monarch," at the [[Journalism Education Association]] spring convention in [[Denver]].<ref>{{Cite web|url=http://www.prnewswire.com/news-releases/jostens-launches-monarch-cloud-service-for-yearbook-creation-300067497.html|title=Jostens Launches Monarch™ Cloud Service for Yearbook Creation}}</ref>


==References==
==References==
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==External links==
==External links==
* {{official|https://www.jostens.com/}}
* {{official|https://www.jostens.com/}}
* [https://www.jostens.com/about/press-center Press Center]
* [https://www.globenewswire.com/en/search/organization/JOSTENS Press Releases]


{{Authority control}}
{{Authority control}}

Latest revision as of 20:02, 4 September 2024

Jostens
Company typePrivate
Founded1897; 127 years ago (1897)
FounderOtto Josten
Headquarters
Minneapolis, Minnesota
,
United States
Number of locations
10 facilities in North America
Area served
United States, Canada, Mexico, Europe
ProductsClass rings, Graduation Regalia, Yearbooks, Graduation Announcements, Letter Jackets, Championship Rings, School Photography
OwnerPlatinum Equity
Number of employees
3,500[1]
Websitewww.jostens.com Edit this at Wikidata

Jostens is an American manufacturer of memorabilia. The company is primarily known for its production of yearbooks[2][3] and class rings[4] for various high schools and colleges as well as championship rings for sports.[5] Jostens also produced photobook products for Disney's PhotoPass photography service offered at Disney theme parks and resorts.[6]

As well as its headquarters near Minneapolis and operational offices in Owatonna, Minnesota, Jostens has facilities in Clarksville, Tennessee; Denton, Texas; Eagan, Minnesota; Laurens, South Carolina; Sedalia, Missouri; Shelbyville, Tennessee; the Dominican Republic; and Mexico.

History

[edit]

Otto Josten founded the company as a watch-repair business in Owatonna in 1897.[7] Jostens (then called "Josten's" — the apostrophe was later dropped) began manufacturing emblems and awards for nearby schools and in 1906, the year of incorporation, Josten added class rings to his product line, to be sold to schools throughout the Midwest.[8] Jostens created the American Yearbook Company in 1950,[9] later merging it under the Jostens brand.

On October 14, 2015, Jarden acquired Jostens from Visant Corporation, 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]

Jarden merged with Newell Rubbermaid in 2016 to form Newell Brands.[12] In 2018, Newell Brands sold Jostens to Platinum Equity for $1.3 billion.[13][14]

Products

[edit]

Jostens is the primary supplier of Super Bowl rings, and has made 31 champion rings in the Super Bowl's 50-year history through 2017.[15]

In April 2015, Jostens launched the world's first Adobe InDesign streaming partnership with Adobe Inc., called "Monarch," at the Journalism Education Association spring convention in Denver.[16]

References

[edit]
  1. ^ "Community Involvement | Jostens".
  2. ^ Farhad Manjoo (28 May 2013). "Most Likely to Succeed". Slate Magazine. The Slate Group. Retrieved 16 January 2014.
  3. ^ Ki Mae Heussner (25 September 2012). "With $3.6M, TreeRing revives the yearbook for the Facebook generation". GigaOM. Retrieved 16 January 2014.
  4. ^ Barmash, Isadore (2003). A Not-So-Tender Offer. Beard Books. p. 23. ISBN 1-58798-171-8.
  5. ^ Harmon, Michael (2005). The Savvy Guide to Fantasy Sports. Indy Tech Publishing. pp. 18. ISBN 0-7906-1313-1. Jostens +class rings.
  6. ^ Hooper, Michael (January 27, 2007). "Jostens Inc. partners with Disney". Topeka Capitol-Journal..
  7. ^ "Jostens looks into expanding operations in Owatonna". 18 April 2014. Retrieved 18 April 2014.
  8. ^ "History of Jostens, Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved 2016-10-01.
  9. ^ "History of Jostens, Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved 2019-01-08.
  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. ^ "Newell Rubbermaid to buy Jarden for $13.22 bln". CNBC. 2015-12-14. Retrieved 2024-09-04.
  13. ^ "Newell Brands Announces Agreements to Sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity". Retrieved 2018-11-25.
  14. ^ "Platinum Equity Completes $1.3B Purchase of Jostens | Los Angeles Business Journal". labusinessjournal.com. 26 December 2018. Retrieved 2020-04-07.
  15. ^ "Here are the extravagant rings given to Super Bowl champions over the years". Business Insider. Feb 5, 2017. Retrieved Oct 6, 2017.
  16. ^ "Jostens Launches Monarch™ Cloud Service for Yearbook Creation" (Press release).
[edit]
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