Herff Jones considers global acquisition: Deal to buy George F. Cram Co. is in the works

Sources close to Indianapolis-based George F. Cram Co. said the 139-year-old maker of globes and maps is being sold to Herff Jones Inc., another local company with deep roots. Cram officials did not return phone calls seeking comment. But sources said Cram officials have indicated the sale is done. Officials for Herff Jones-an employee-owned maker of school-related items including caps and gowns, yearbooks and high school diplomas-said the deal is not yet imminent. "We're in conversations, but we're not ready...

 

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