Flexo Market News
Year-End Review (Cont’d from Page 10) a printer of flexible packaging, stand-up pouches, and pressure sensitive labels based in Merced, California. Founded In 1986, Label Technology became 100 per- cent employee owned through an ESOP (Employee Stock Ownership Plan) in 2007. Label Technology serves a wide range of industries, including the food, natural products, nutraceutical, cosmetic and health and beauty end markets. Fortis employs more than 700 employees across 13 sites. Flex Pack SAS installed FlexoWash technology at its plant in Bogota, Colombia, to help improve the quali- ty of work being produced on its two flexo printing presses. Founded in 2001 and still owned and man- aged by Carlos Alberto González and his wife Maribel Jácome, the company is vertically integrated offering a variety of services in-house from extrusion to rolling, printing, and valve inserting. Currently around 90 per- cent of all output is printed, and then supplied to mar- kets as diverse as food and beverage, household goods, and medical supplies. Following a visit to Labelexpo in Chicago, Illinois, and a meeting with the Flexo Wash team, the decision was made to invest in a PW82WR PlateWasher and an FW992XL AniloxWasher. A group of associations, educators and industry rep- resentatives formed the Graphic Communications Workforce Coalition . As stated in its organizing documents, “The purpose of the coalition will be to coordinate the efforts of all organizations represent- ing the broad scope of the graphic communications industry for creating awareness, recruitment of new people into the industry,providing a framework for ap- prenticeship and training programs, and the retention of the existing workforce. By combining the separate efforts, experiences and initiatives of various organi- zations, coordinating actions and the sharing of ideas and resources, it is expected that all will benefit.”This new initiative will address the number one issue that faces the industry today: recruitment, retention and training of its workforce. CCL Industries acquired the shares of Colle a Moi Inc. (CAM) , a privately-owned company, based in Quebec City, Canada. Founded in 2015, CAM is a man- ufacturer of personalized kid’s labels. Paperboard Packaging Market To Hit $238 Billion The Global Paperboard Packaging Market is expect- ed to exceed more than $238.50 billion by 2024 and will grow at a CAGR of more than 3 percent in the given forecast period, according to a new report from Market Research Engine.
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12 December 23, 2019 Flexo Market News
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