Colbert Moves ( Cont’d from Page 1)
Kenosha, Wisconsin, facility will replace both these current operations.The company’s headquarters, however, will remain in Lake Forest. This new facility will also have the distinction of being the largest of Colbert’s three manufacturing plants, surpassing the facility in Elkhart, Indiana. The Wisconsin Economic Development Corp. has authorized Colbert Packaging to receive up to $850,000 in state tax credits over the next three years, contingent upon the number of jobs Colbert Packaging creates and the amount of capital invest- ment the company makes during that time. Reported- ly, the agreement requires Colbert to have 108 workers within three years, said a spokesman for the Wisconsin Development Corp.Colbert’s flexo opera- tions currently employs 65 people. High Impact Kenosha County provided $250,000 from its High Impact Fund designed to give companies incentives to create jobs in Kenosha County, according to an an- nouncement from the Milwaukee 7 regional econom- ic development group. Colbert held an event earlier this month at the site of the new property. In attendance were Wisconsin Governor Scott Walker and several local elected offi- cials, including Kenosha Mayor John Antaramian and Kenosha County Executive Jim Kreuser. Colbert was originally founded in 1959 when Charles Colbert bought the property and assets of Kroeck Paper Box, which was founded in 1892. Orig- inally located in Chicago, Illinois, the company moved to Melrose Park, Illinois, when Colbert pur- chased Franklin Folding Box.The company moved its corporate offices and folding carton operations to Lake Forest in 1986. “We started the flexo division 18 years ago and have since been through two expansions.We’re excit- ed to be making this significant investment for ex- pansion that will be the footprint for our projected growth into 2020 and beyond,” said Jim Hamilton, President of Colbert Packaging. Sun Chemical, DIC Acquire Gwent Electronic Materials Sun Chemical and its parent company, DIC, have acquired Gwent Electronic Materials, a manufacturer of conductive inks, pastes and powders for the print- ed electronic market. With the acquisition of the United Kingdom-based company, Sun Chemical will expand its global position in the printed electronics marketplace.
TECHNICALLY SPEAKING. . .
JAMES CARSON 29 Years of Industry Experience
Talk with your Pamarco Representative about specifications for your application. Email flexosales@pamarco.com or visit www.pamarco.com Increased profitability is our goal for every client. Pamarco products, technical support and an understanding of the desires and dreams of our converters gives us the unique ability to stimulate positive growth. We provide each client with ready access to a team that is dedicated to improving both their printing processes and their productivity. Our consistent service and support delivers not only a product, but improved profitability as well. 7 YOUNG YEARS James knows Flexo! Committed to the market since 1946 , our business culture and value for relationships have been the drivers and differentiating factors behind our position as the most successful global flexographic anilox supplier to date. From offering the most extensive portfolio of products on the market, to offering the best consultative advice and delivering an overall superior customer service; all underpinned by our passionate corporate culture, Pamarco has been able to build enduring and meaningful relationships with converters and OEM suppliers around the globe.
Flexo Market News October 31, 2016 9
Made with FlippingBook HTML5