Badger Breaks Ground On New Building
Badger Tag & Label recently broke ground and con- struction is already underway for a new 22,000- square-foot building in Sherman,Wisconsin. This will be Badger’s second facility in the area. Comprising the new building space will be 14,271 square feet for production, 4,393 for warehouse/stor-
age, 2,280 of corporate offices, and 1,056 feet for a receiving area. The production area will be the new home of four flexographic presses, to be moved from the original facility, for printing custom tags and la- bels; the rewind department, which will also move from the original facility; as well as a digital press and plotter cutter for diecutting of specialty projects that are currently housed at a separate Plymouth location. Construction is slated to be complete later this year.The footprint of the new building will be placed on the property with future expansion in mind. Up to 10,000 square feet could be added to this build- ing. Also with an insight for future growth, the 12- acre parcel that Badger chose allows for sale of select portions for construction by other businesses. Lux Global Label Acquires National Label assets Lux Global Label Company, a newly formed holding company backed by private equity firm Resilience Capital Partners, has purchased certain assets from National Label, Lafayette Hill, Pennsylvania, a 103- year-old label manufacturer. As part of the transac- tion, Resilience will commit significant financial capital to the new company. In connection with the agreement, Resilience has partnered with LBC Credit Partners, a provider of middle-market financing solu- tions, and The Kennedy Group, a supplier of labeling, packaging and identification solutions. Badger Tag & Label leadership participated in a ceremonial groundbreaking ( left to right ): Jim Thiel, past VP; Joel Entringer, past President; Bob Thiel, President; DJ Jacoby and Kevin Kalkofen, VPs.
6 May 15, 2017 Flexo Market News
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