Fedrigoni Acquires Majority Stake In BoingTech
Flexographic Printing Market Size To Exceed $12.32 Billion By 2031 The Flexographic Printing Market is expected to grow at a Compound Annual Growth Rate of 4.3 percent from 2024 to 2031, reaching a projected market size of $12.32 billion by 2031. This builds upon a foundation of $8.8 billion in market value in 2023, according to a new SNS Insider report.
People & Places AGH Labels North America Dan Muenzer has joined AGH Labels North America, Dal- las, Texas, as its Director of Market Intelligence. Muenzer has spent more than 25 years in senior man- agement positions within the label industry, including VP The Fedrigoni Group has entered into an agreement to ac- quire a majority stake in BoingTech, a subsidiary of Shang- hai Inlay Link Inc (a NEEQ-listed Chinese holding company) and a pioneer in the manufacturing of RFID inlays and tags, both UHF and HF/NFC, produced in its two plants (in China and Malaysia). Shanghai Inlay Link will retain a significant share to ensure a smooth transition and continued busi- ness enhancement, while Fedrigoni will have the right to purchase the remaining shares of BoingTech in the future. After this strategic arrangement, Shanghai Inlay Link will maintain its existing activities related to the manufac- turing of RFID antennas and full solutions provider through its dedicated legal entities. Boingtech, which employees more than 300 people, is expecting a turnover of about $60 million for 2024.
PRINTING United Expo 2024 Registration Trends Upward
PRINTING United Alliance announced that registration for PRINTING United Expo 2024, taking place September 10-
12 in Las Vegas, Nevada, is trending ahead of last year’s figures.
Hotel room bookings are reportedly trending at more than 10 percent over last year’s numbers at this time. Additionally, registration is trending ahead from the same time last year across all market segments. Register online today to attend the Expo and its educa- tional and co-located events taking place over three days: www.printingunited.com/register .
of marketing for Spear and Constantia Flexibles Label Division, along with his last position as President of TLMI, the North American label association. Muenzer spent the last three years coaching cross country and track at Cincinnati St. Xavier High School. Edale Maggie Reed has been named Sales Manager for Edale, a manufacturer of flexographic carton and label presses. Reed’s tenure at companies such as Fujifilm saw her working closely with Edale. Contact Originators Contact Originators CEO Steve Mulca- hy has been appointed as the new Chair of the Board of FIAUK (The UK Flexographic Industry Association). The announcement was made at the FIAUK Annual Awards on June 20th.
Dan Muenzer
Performance that Exceeds Expectations
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Maggie Reed
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Steve Mulcahy
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July 8, 2024
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