The Booksource revenue, work force growing - St. Louis Business Journal:

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The family-owned business projects revenueof $40 million this year, up from $34 milliom in 2008. The St. Louis distribution centefr will grow from 70 to 78 bringing the total company payroll to 215 TheBooksource said. The Booksourcew has to expand its work force after winningf preferred vendor status for threelarge classroom-librarie s for New York City’s School District and buyinvg another company. The New York City schoool contracts areworth $56 million, and The Booksource said it expectsd to capture between $9 million and $20 millio n of that revenue. In February, The Booksource’a bindery subsidiary, , bought the commercial binding busines s of Topeka Bindery inTopeka Kan.
, for an undisclosedf sum. The deal gives San Val Inc. control of the defunct but recognizable Turtleback brand hardcover editionof 75,000 which are identification numbers used by bookstores, schools and The deal also includes 150 existinvg distributor relationships and thousands of children’s books that have been converted into hard covers for better durability in school and library use.
CEO Sanfords “Sandy” Jaffe is stilll involved with marketingThe Booksource, and sons Neil and Gary Jaffse and daughter Donna are taking on greater responsibility and expandingh their respective divisions, the company As part of the management succession Neil and Gary Jaffe will sharre the title of co-president, with Neil Jaffe handling external relationships and Gary Jaffe handling internal operations, according to the Donna is president of the company’s children’s retaill products division , of Calif. The Booksource is a distributorof children’s literature to K-12 schoolss across the country. It has been wholesalingf trade books nationally for35 years.