Awards July 26, 2023
Top 40 Distributors 2023: No. 36 Touchstone
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
Touchstone
(asi/345631)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 24
2022 Revenue: $56.1
2021 Revenue: $92.0
Year-Over-Year Difference: -39.0%
2020 Revenue: $72.4
2019 Revenue: $48.5
Top Company Officer: Derek Block, Founder/CEO
Year Founded: 1996
Headquarters: Mason, OH
Financials Certified By: Brent Sitarski, CFO
Don’t let the almost 40% drop in sales throw you: Derek Block, the founder/CEO of the OH-headquartered company, made the decision last year to sell off one of the company’s business channels to another Top 40 entity, which explains the drop from $92 million in sales in 2021 to $56 million last year. Already this year, Block, who’s a member of Counselor’s Power 50 list, notes that Touchstone is “up 15% conservatively,” with profit margins up 8%. The company also announced that it transitioned from a 25,000-square-foot warehouse to a brand-new, state-of-the-art 400,000-square-foot building that now houses operations, warehousing and fulfillment services in Fairfield, OH. Touchstone also moved into a new office headquarters, opening what the company described as its BrandEQ Design Studio in downtown Old Mason, north of Cincinnati, inside a newly renovated, Art Deco-inspired, circa 1939 city hall building.