FLEXO MARKET NEWS JUNE 15TH EDITION - page 1

June 15, 2015
Vol. 17 No. 12
An N.V. Publication
Market News
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Fortis Acquires
Two Converters
by Greg Kishbaugh
F
ortis Solutions Group, a company formed through the ag-
gressive acquisitions of converting companies, has contin-
ued the trend with the purchase of two additional businesses:
Kopco Graphics and Color Craft Label.
Kopco Graphics is based in West Chester, Ohio, and provides
a wide range of products including pressure sensitive labels,
flexible packaging, instant redeemable coupons and promo-
tional labels.The company was founded in 1989, located origi-
nally in Fairfield, Ohio, and opened an additional facility in
Bradenton, Florida, in 2003.
The company operates a wide range of flexographic presses
and offers printing options that include both water-based flexo
and UV flexo up to 12 colors (including 4-color process), cold
foil stamping, multi-sided printing, lamination and die cutting.
The company is a four-time winner of the Tag and Label Man-
ufacturers Institute’s Eugene Singer Award recognizing excel-
lence in business management.
Color Craft Label, Memphis, Tennessee, was formed in 1964
and produces shrink sleeves, roll film, and customized pres-
sure-sensitive labels. Fortis will combine Color Craft Label into
an existing location it already operates in Memphis. Color Craft
Flexible Packaging is not part of the transaction.
Flexo Ink Market
To Hit $2.92 Billion
A new report
Flexographic Ink
Market
from MarketsandMarkets ana-
lyzes the global f lexographic ink
with respect to market drivers, re-
strains, opportunities, and challenges,
in different regions.
The global flexographic ink, accord-
ing to the report, is providing a signifi-
cant contribution in flexible packaging
and corrugated cardboard applications.
The Asia-Pacific region is the fastest
growing segment of the global flexo-
graphic ink market and is mainly at-
tributed to high economic growth rate
followed by growing demand for
biodegradable & renewable products,
rising demand from packaging indus-
try and corrugated cardboard printing
application which is eventually driving
the flexographic ink market.
Europe is the largest market, both in
terms of volume and value, followed
by North America. The global market
value of flexographic ink is estimated
to be $2.32 Billion in 2015 and is pro-
jected grow at a Compound Annual
Growth Rate of around 4.71 percent
between 2015 and 2020 to reach
$2.92 Billion by 2020.
It is a transformational day for the company
and we are delighted to welcome the Kopco
and Color Craft employees to the Fortis
organization —
Fortis President and CEO
John O. Wynne, Jr.
(Cont’d on Page 12)
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