CICERO — On May 7, Richard Hubeny, president of Syracuse Signage, Inc., inked a deal with Chris Arnone, the president of Image Press, to sell the assets of Syracuse Signage. The sale of the operating company’s assets was an all-cash deal. It did not include Hubeny’s 7,200-square-foot building located at 220 Commerce Blvd. in the […]
CICERO — On May 7, Richard Hubeny, president of Syracuse Signage, Inc., inked a deal with Chris Arnone, the president of Image Press, to sell the assets of Syracuse Signage.
The sale of the operating company’s assets was an all-cash deal. It did not include Hubeny’s 7,200-square-foot building located at 220 Commerce Blvd. in the town of Salina, which is valued at $150,000, according to county tax records. Image Press committed to a one-month rental of Hubeny’s building to allow for the transfer of the assets to Image Press’s 35,000-square-foot facility in Cicero. One of the five employees who worked at Syracuse Signage is now employed at Image Press. Hubeny was the sole stockholder of his company.
Hubeny came to Syracuse in 1970 to work for Sweet Outdoor Advertising. In 1980, he bought the Central New York Division of Sweet, which he then sold in 1986 to Penn Advertising. Penn retained Hubeny as the area general manager. In 1988, Hubeny acquired the sign division from Penn and incorporated Syracuse Signage. The company focused on commercial signage with 60 percent of the business originating with national sign companies requiring installation work and the other 40 percent with local companies. Hubeny says he has not determined his future plans.
In addition to owning Sweet and Syracuse Signage, he also owned two Cookie Jar locations and was a partner in other local businesses. Hubeny is a past president of Sales and Marketing Executives of Central New York, the founder of the original Tip Club of Central New York, a past-president of Liverpool Dollars for Scholars, and the former chair of the North Area YMCA building-fund drive.
Image Press was founded in Syracuse more than 20 years ago as a company specializing in pre-press file preparation, image enhancement, and color correction. In 1998, the company transitioned to creating large-format digital printing. Today, Image Press’s graphics appear as signs, trade-show exhibits, retail displays, posters, and vehicle wraps.
Despite several attempts, The Business Journal News Network was not able to obtain an interview with Arnone.
Contact Poltenson at npoltenson@cnybj.com