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DENVER-Local businessman Greg Mosher is leading a team that has paid about $75 million for the label division of Mail-Well, a Denver-area company. The division, which boasts $220 million in annual revenues, is the second-largest in the world.

But Mosher says he plans to build it into the largest in the world, with a company that will ultimately have $1 billion a year in revenues.

The company currently has 15 plants in the U.S. as well as other facilities in Canada, England and Mexico. It employs 1,500. Mosher tells that he will grow by increasing research and development, as well as by making strategic acquisitions.

”I’m tired, but I’m excited,” Mosher tells His partners in the purchase include Arsenal Capital Partners in New York City, Cerberus Capital Management of New York and First National City Bank.

With the purchase, he needs to find a headquarters. The corporate office initially will employ about 100.

”I’m seriously considering putting our home office in Denver, but I’m not quite decided yet,” Mosher says. ”I’ve also looked at the East Coast and Chicago. I’ve also looked at the West Coast. I’m going to build and create a united and exciting home office.”

He doesn’t plan to waste any time on choosing where to open his headquarters.

”I plan to make a decision within seven to 10 days,” he vows.

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