Vol. 22 No. 8 An N.V. Publication Market News FLEX Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com ®
April 13, 2020
Global Trend Report Sees Future Growth
TLMI Names Singer Award Winners At TLMI’s recent Converter Meet- ing in Austin, Texas, the association announced the winners of the Eu- gene Singer Award for Management Excellence. The Singer Award recog- nizes excellence in business manage- ment measured and defined by an established set of growth and profit- ability ratios through participation in the TLMI Management Ratio Study. This year, the awards were given to the following companies: • Fountain Valley, California-based Coast Label won in the small compa- ny category for the fifth time. •Centennial, Colorado-based Col- umbine Label won for the mid-range company category.This is the compa- ny’s sixth time winning the Eugene Singer Award. • Flexo-Graphics, Butler, Wisconsin, won for the medium company catego- ry.This is Flexo-Graphics’ second time winning the award. • De Pere,Wisconsin-based Belmark won for the large company category. This is Belmark’s tenth time winning the Eugene Singer Award.
reported by Greg Kishbaugh
T he 7th drupa Global Trends Report has been published.The results, from a survey conducted before the outbreak of the Coronavirus and the postponement of drupa toApril 2021, show a global industry that remained positive but reflected more chal- lenging global economic conditions. Packaging and functional market sectors are better placed than publishing and commercial.NorthAmerica remains dynam- ic, while confidence tends to decline in Europe and all other
regions. Developing regions are held back by concerns about political instability and corruption, while developed regions are nervous about an inevitable cyclical economic downturn.There is constant pressure on margins but increasingly the better-posi- tioned companies counter this by continual innovation. Investment plans remain strong, as printers and suppliers all recognize the need to remain competitive. The survey was conducted by Printfuture (UK) and Wissler & Partner (CH).Almost 600 printers and 200 suppliers participat- ed, providing a representative picture of all regions.
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