Founded in 1921, LBS celebrates its 100th year anniversary this year. Reaching this milestone marks a century of family- and employee-owned innovation and leadership.
“We are very proud to have successfully been in business for 100 years,” said Rob Mauritz, President & CEO, LBS. “This anniversary is not only a marker for what we’ve been able to achieve up until this point, but it’s also a promising indicator of our future. We’ve stayed true to the values that have been core to LBS since the beginning — including innovation, partnership, and customer service — and are confident that by maintaining these principles, we will continue to succeed for the next 100 years.”
LBS was a family-owned business from 1921 to 2014, becoming an employee-owned company on October 31, 2014. Moving to an employee stock ownership plan (ESOP) model allowed LBS to continue growing while preserving the original company culture. Now, the company is comprised of approximately 70 employee-owners, headquartered in Des Moines, Iowa.
“We have always been both forward-thinking and company-conscious in our business decisions,” said Mauritz. “Our stable foundation gives us the ability to intentionally invest in our core markets and diversify moving forward.” To that point, LBS acquired Gane Brothers & Lane, Inc. in January 2021. This strategic acquisition perfectly complements the company product portfolio, allowing LBS to better serve their current customers and to expand their offerings to new industries.
In addition, the Archival Products division of LBS will be celebrating its 35th anniversary, and its Corporate Image division will have been in business for 38 years this year. All divisions of LBS conduct business on a local, national, and international level.
“LBS and its divisions have all been set up for success in the heart of Des Moines, Iowa,” said Mauritz. “We’re proud of our history here and look forward to expanding our reach in the years to come.”
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Printing Impressions.