Executive Outlook
Nilpeter
Paul Teachout Vice President Sales and Marketing
The year has started off strong and shows no signs of slowing. The state of the industry is healthy and prosperous. This is all supported by a growing U.S. economy with high consumer confi dence. The unemployment rate is at its lowest in 5 years and the GDP shows connued gains. These indicators as well as new tax reform and stock market trends connue to push all our mar kets forward. The primary packaging markets are all showing connued growth and 70% of con verters say they will be invesng in new equip ment to meet these demands. The ming is right for investment and we at Nilpeter have spent the last 2 years preparing for the roaring 20’s that are fast approaching. chine manufacturer and supplier. We have invested more than 6 million dollars in fully auto mated 4.0 machining centers in our U.S. facility to increase our efficiencies and improve our qual ity. The result of that journey is the all new FA press now manufactured both here in the U.S. and in our corporate headquarters in Denmark. We now have a global soluon meeng 4.0 stan dards built in mulple locaons around the world. This allows us to ulize the internet of things with big data communicaon so all our sites work in unison. We are also compleng a brand new facility in India to add a third locaon of Nilpeter manufacturing. Adopng these new 4.0 manufacturing pracces has reenergized our workforce as they see we are leading the way into the future. It has also allowed us to aract a newer and more sophiscated workforce. Over the past 2 years, Nilpeter has been posioning itself to be a trendse ng Industry 4.0 ma
The all new FA is a fully automated prinng and converng plaorm. With triple axis servo tech nology and a total of 7 moon control motors on every staon, now allowing for complete wireless operaon. The enre press is controlled through a wireless tablet. This approach was deliberately targeted to address the ongoing challenge of the skills gap and workforce challenge we all face. For the generaon raised on disrupve and Clean Hand Technologies, this press will engage with the new generaon of workforce we all need. We can now take the science of flexog raphy and apply it to a fully au tomated plaorm and increase our producon efficiencies. This leads to more repeatable and predictable manufacturing and closes the skills gap. Any repeat able or predictable task is now captured through the automaon of the process allowing any operator to achieve the same success. Nilpeter is proud to say that 2019 will be our 100year celebraon as a familyrun prinng and converng equipment supplier. Our tradions of innovang both internally and for our customers have never been stronger. Innovaon is in our DNA and the next 100 years is off to a great start. The allnew FA has already proven itself as the most sophiscated flexo press available, it is also the foundaon of our Panora ma Digital Hybrid offerings. We are excited for what the future holds while at the same me maintaining our past tradions and support.
18 Executive Outlook Flexo Market News
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