Walter Hering was the son of a doctor who maintained an office in his home at 112 North 12th Street in Philadelphia. In the spring of 1886 young Walter, at the age of 12, found a $5.00 bill on the pavement in front of his home.

Walter had always dreamed of becoming a printer. His discovery of the $5.00 bill helped to change his dream into reality.

After no claimant for the money appeared, Walter headed straight for the printers supply house and bought his printing press.

Quick to take advantage of existing conditions, this enterprising youth was soon printing the cards of many physicians who came to his father's house for consultation. It wasn't long before he was printing prescription blanks together with various other work which taxed to the limit the possibilities of his small press. Feeling the need for a wider and more thorough knowledge of the business, he entered the printing firm of King and Baird as an apprentice, where he remained for a number of years thoroughly mastering the art of printing. Mr. Hering then decided to go into business for himself and received encouragement from his father in this decision. Constantin Hering built for his son a two story structure in the rear of his home at 112 North 12th Street. Thus, the "Globe Printing House" came into being.

Walter Hering met with success from the start and it was not long before the business expanded to a point where it was necessary to find additional space. None being available at the 12th Street location, a move was made to 917-19 Filbert Street. Shortly before the move, the firm began printing reserve seat coupon tickets for the Arch Street Theatre, Philadelphia. Soon other local theatres fell into line, and then with customary aggressiveness, Mr. Hering decided to break into the rich theatre field in New York City.

Walter Hering's success in printing coupon tickets for the theatrical field was due chiefly to two things. First, he had complete confidence in the system he built up to insure accurate tickets. This confidence was expressed in a standing offer of $5.00 to any customer for each error discovered. Needless to say, very few $5.00 bills were ever paid out as very few mistakes were made.

Second, stress was laid on making prompt shipments. One of the big rush jobs in the early days of Globe was the first order received from the original Ringling Brothers Circus. The order was placed at 10 O'clock one morning and consisted of 120,000 tickets. It was a complicated order, involving two sets of 10,000 tickets per day for six days, each set having a different color. The entire order was delivered to the circus box office at 8 O'clock the following morning.

Within a span of 11 years, from 1880 to 1891, the theatre ticket business had developed to such an extent that it was decided to sell the general printing business of the Globe Printing Company to manufacture tickets exclusively. Incorporation took place July 6, 1891. Eventually the business outgrew the Filbert Street building.

Mr. Hering decided, as a memorial to his father, to erect a modern office and factory building at 112 North 12th Street, the site of his birth. Thus, in 1900, the business was moved back to the new building on the spot where the firm saw its inception.

Branch offices were established in 5 cities outside of Philadelphia, with a factory in San Francisco by 1903. By 1949, there were 7 factories situated in Philadelphia, New York, Boston, Atlanta, St. Louis, Los Angeles and Tacoma; together with branch offices in Baltimore, Pittsburgh, Miami, Cleveland, Cincinnati, New Orleans, Detroit and Syracuse. In March of 1973, Globe added its 12th Manufacturing Division in Detroit, Michigan.