FMN | May 25th, 2020

Vol. 22 No. 11 An N.V. Publication Market News FLEX Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com ®

May 25, 2020

CTI Launches Management Software

Manufacturing Falls 13.7% in April

By Chad Moutray Chief Economist

by Greg Kishbaugh

National Assoc. of Manufacturers The National Association of Man- ufacturers released data for April, demonstrating that with each week, the full extent of the economic dam- age from COVID-19 and the abrupt decline in activity can be seen in greater detail. The severe drops in

N ecessity, as the old adage tells us, is the mother of invention. When Vancouver, Washington-based trade shop Color Tech- nology found itself dissatisfied with its management software, the company launched its own proprietary system, enabling custom-

data are unprece- dented, according to the association. Consumer Price Index : Consumer prices fell 0.8 per- cent in April, the largest monthly de- cline since Decem- ber 2008 and ex-

Chad Moutray

tending the 0.4 percent decline seen in March. Sharply lower energy pric- es led the headline measure decrease, with gasoline costs plummeting 20.6 percent for the month. In contrast, food prices rose 1.5 percent in April,

ers to track their orders in real time and boost their productiv- ity. The system, called CORE, will now be offered commercially through Color Technology’s sister company CTI Solutions. CTI is a manufacturer of sheet flexo printing plates primarily for corrugated printers. In business since 1990, President Ralph Johnson purchased the company in 2002, and the former own- er remained and launched CTI Solutions. Color Technology has grown and expanded over the years, currently operating two

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