Paddock Publications, publisher of the Daily Herald in suburban Chicago, has purchased a Spokane, Wash.-based publisher of chamber of commerce publications.
The purchase of Lawton Publishing was made by Paddock subsidiary Town Square Publications, which provides custom publishing for chambers in Illinois, California and Texas. Lawton Publishing does business with chambers in the West and Pacific Northwest.
Daily Herald Chairman, Publisher and CEO Doug Ray said in the flagship paper that the Lawton Publishing acquisition was part of a strategic plan to diversify Paddock Publications’ revenue streams.
“The decision to expand into the nondaily newspaper business nearly 10 years ago has proved to be an excellent one,” Ray said. “Combined with the strength of the Daily Herald brand in print and digitally, events, other specialty products and commercial printing, Paddock continues to be a more diversified company, helping to sustain a brighter future for the company and its employees.”