Flair Packaging Set To Expand Manufacturing Facilities
Flair Packaging is expanding its Canadian manufacturing capabilities through the installation of a 10-color flexog- raphic press and a solventless laminator at its facility in Calgary, Alberta. The company has also acquired a second plant in the area, adding 35,000 square feet of warehouse and pro- duction space. These expansions are the first steps in
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what will be a series of expansions aimed at strengthen- ing the company’s manufacturing platform, with additional presses and converting equipment soon to follow. “Unprecedented disruptions in recent years have ex- posed supply chain vulnerabilities across all industries, and we took that as a signal to evolve,” said Young So, Flair’s President and Owner. “We saw an opportunity to help brands stay agile in the face of changing demand by integrating advanced material innovation with onshore manufacturing.” Portrait Capital Acquires AAi Labels & Decals, Sticker Ranch Portrait Capital, a private investment firm, has acquired AAi Labels & Decals and Sticker Ranch, combining the two companies to create a new platform in the label industry. Lynn Higgs, an industry veteran and founder of Sticker Ranch, will become chief executive officer of the com- bined business. Founded in 1969 in Jonesboro, Arkansas, AAi has grown into an provider of mission-critical labels and decals supporting compliance, safety, and branding requirements across North America. Stacy and Gary Gestring, who have owned and operat- ed AAi since 1998, will transition day-to-day leadership to Higgs while continuing to support the business. Sticker Ranch, co-founded by incoming CEO Lynn Higgs and Joseph Thomas, is a web-to-print label plat- form whose digital-first capabilities complement AAi’s customer base and enable expansion into consumer la- bel markets. www.boardconvertingnews.com
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