Board Converting News, April 12, 2021

Apex International ‘Vision: 2020s’ To Boost Capacity, Increase Speed The Netherlands based Apex International, one of the world’s leading producer of anilox and ink metering tech- nologies, has announced the implementation of its long- range “Vision: 2020s” plan with significant expansion in each of its five global manufacturing facilities. As part of its phased growth strategy, new buildings, new production equipment, and new personnel will enable Apex to scale up production capacity while elevating industry bench- marks for quality. The company better positioned to meet increased demand from its flexo, label, and corrugated customer base for reliable, predictable, and durable me- tering products. “Based on technology and market trends in the last de- cade, Apex planned major investments into global facili-

ties and capital equipment to address anticipated industry growth,” said Marian Waterschoot, CEO of Apex Interna- tional. “We are pleased to now witness the realization of our ‘Vision: 2020s’ plan. As a result of the packaging in- dustry’s recent growth, our customers require our prod- ucts more promptly – and our expansion meets that world- wide demand.” Apex’s Vision: 2020s plan demonstrates its longstand- ing commitment to continual process improvement. “Apex reinvests 20 percent of its revenues into product research and development, new equipment, facility expansion, and professional development,” said Apex Chairman Ken Ral- ton. “Apex is the sole anilox manufacturer to commit such funding for product innovation and R&D. Our mission is as much scientific and exploratory as it is engineering and manufacturing.” Each of Apex’s manufacturing facilities are in the pro- cess of physical plant expansion or receipt of new, state-

of-the-art equipment. All new Apex buildings are constructed to ensure energy-efficiency and minimize carbon footprint. • Apex Italy, is nearing completion on new construction that increases its factory size by 33 percent. “This expansion allows us to further optimize production cycles and delivery times,” said Fabio and Stefano Della Torre, Directors of Apex Italy. • Apex North America, near Pittsburgh, Pennsylvania, has begun construction, planning to double the size of its man- ufacturing facility and enable a greater warehousing area for its ReadyRoll anilox roll and sleeve in-stock programs. “This long-awaited expansion will give our cus- tomers much quicker order turnaround,” said Apex North America’s Managing Di- rector Ruud van Cujik. • Apex Latin America in southern Brazil will soon take delivery of a new laser, which will increase production capability by 25 percent. “This expansion empowers us to meet the soaring demand for flexo and corrugated products in the Latin American market,” said Apex Latin America Manag- ing Director Valcinei Bisineli. • Apex Asia Pacific near Mumbai, India, re- cently installed the following new equip- ment: a laser, a precision CNC grinder, and a latest-technology plasma spray unit, which will provide coatings able to withstand the industry’s most demanding environments. These investments to the recently-constructed India facility boost production capacity by at least 40 percent and will enable the manufacture of larger corrugated and coating rolls. FlexoKITE’s

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