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Block and Company, Inc. · Wheeling, IL United States

Company Description

1111 Wheeling Rd.
Wheeling, IL
60090
United States (Map)
Phone: 847-537-7200
Fax: 800-435-5707
Toll Free: 800-435-5707
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    When banks need help handling money, they turn to Block and Company. The firm manufactures and distributes money-handling supplies to primarily the financial service industry, but also gaming, hospitality, and vending businesses, as well as libraries and restaurants across the US. Products include money bags; coin and currency-handling materials such as cash boxes and teller supplies; and bank drive-through envelopes and ATM supplies. Block and Company, which operates facilities in Wheeling, Illinois, and Bristol, Tennessee, manufactures more than 60% of the products it offers. The family-owned business was founded in 1934 by Mitchell Block.
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    Key Block and Company, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees366

    Block and Company, Inc. Executives

    5 executives listed for Block and Company, Inc.'s Wheeling, IL location.
    TitleName & BioContact
    ChairmanKenneth BlockNetwork
    PresidentGreg CarlsonNetwork
    CFOBetty JohnsonNetwork

    Competition

    Competitive Landscape for Block and Company, Inc.
    Because plastic products are widely used in industry and as consumer products, demand depends on the health of the US economy. The profitability of individual companies depends on product mix and production efficiency. Large companies have economies of scale in buying raw materials and in manufacturing commodity products such as bottles and plastic film. Small companies can compete effectively by specializing. The industry is labor-intensive: annual revenue per worker is about $220,000. To read the full description, subscribe now.
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