FMN | September 27th, 2021

FMN | September 27th, 2021

Vol. 23 No. 20 An N.V. Publication Market News FLEX Serving The Flexographic Printing Industry For More Than Two Decades ®

September 27, 2021

Resource Label Closes Two Acquisitions

Ryan Sharkey Named FLXON President FLXON Incorporated founder Paul Sharkey announced that his son Ryan Sharkey will assume responsibility for the day-to-day operations of the com- pany, effective immediately. At the same time, it was announced Ryan

by Greg Kishbaugh

R esource Label Group, LLC, Franklin, Tennessee, a provider of pressure sensitive label, shrink sleeve and RFID/NFC technolo- gy for the packaging industry,has recently acquired two companies. Resource Label acquired Ample Labels located in Nixa, Mis- souri, and the company will now have twenty manufacturing locations in North America and expand their footprint in the Midwest with four locations.

will become compa- ny President while Paul is to assume the role of CEO.

Ryan joined FLX- ON 12 years ago af- ter working several years in the pulp and paper industry. Ryan holds dual en- gineering degrees in Chemical Engineering and Pulp and Paper Science. Leadership Shift Since joining the firm,Ryan has held territory sales and technical service positions as well as various positions in operations. Most recently Ryan spearheaded a move to consolidate operations into a single larger com- bined manufacturing,warehouse, and Ryan Sharkey

Ample Labels was founded by David Menzies in 1968 and pro- vides flexographic printing for regional and national customers in the food, health, personal care, industrial, pharmaceutical and beverage segments. Ample Labels represents the twenty-first acquisition for Re- source Label Group. StickerGiant.com Additionally, Resource Label Group, has signed a definitive pur- chase agreement to acquire Longmont, Colorado-based Sticker- Giant.com, Inc.

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You can run. And you can hide.

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Resource Label (Cont’d from Page 1)

Closing of the acquisition is expected to be complet- ed within 30 days, pending regulatory approval. Created by John Fischer in 2000 as one of the first online sticker companies, StickerGiant has evolved its position in the e-commerce sticker and label custom manufacturing channel. Best Place StickerGiant has been recognized as a Best Place to Work in Colorado and recently received the Colorado Manufacturer of the Year in Advanced Manufacturing and Machining. Known for their quick turn model, StickerGiant is committed to producing most sticker and label product orders within 24-48 hours. Apex Italy Completes Factory Expansion Located near Milan in Olgiate Olona (VA), Apex It- aly recently completed its factory expansion begun during the pandemic which doubled the size of one of its production facilities. This increase in Apex pro- duction capacity comes at a time when the flexo in- dustry seeks higher quality, reliability, and efficiency in its supply chains. Beyond capital production expansion, Apex has

joined forces for wider commercial opportunities with new regional and national sales agents and rep- resentatives: • In Greece and Albania, Apex formed a partner- ship with f lexo agent Nicos Stathoudakis of Navi Technology. • In the former Yugoslavia, the Apex sales network added two new agents, Samo Sketa and Sasa Filipovic of the company ISI D.o.o. • In Italy, Apex continues its long-standing collabora- tion with Heidelberg Italy. • In Southern Italy,Apex announced a new collabora- tion with packaging expert Giovanni Baiano. Apex doubled the size of its Milan factory in a recent expansion.

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Flexo Market News September 27, 2021 3

www.nvpublications.com

KDV Label Acquired By Mason Wells

Experience the power of SWED/CUT ® “Anydefect,anymid-runpressstop, canentirely eliminiatemargin froma job. AsQAManager, it is up tome toprevent wastebefore it happens. That’s why I rely on FLXON’s products and support togainour competitiveadvantage. QAManager,WideWebPressroom

Private equity firm MasonWells has closed on the ac- quisition of KDV Labels, LLC and its sister company, I-Graphics, LLC.The company will be owned by Mason Wells,members of the Vaughn family and current man- agement, and other co-investors. Founded in 1974 by Karen and Dick Vaughn, KDV is a label converter for a diverse set of consumer end markets, including beverage, food, household cleaning and personal care. KDV’s primary business is the con- verting of various substrates (primarily film and paper) into pressure sensitive adhesive labels, digital labels, unsupported film labels, and other specialty labels for a variety of consumer applications. The company performs printing, laminating, slitting, inspection and other converting operations utilizing a modern equip- ment set, including flexographic and digital presses. KDV operates two manufacturing locations: the head- quarters is located inWaukesha,Wisconsin, and its sis- ter company, I-Graphics, LLC, is located in Loveland, Colorado. KDV will continue to operate as the company oper- ates today; the management team will remain in place and will continue to be led by CEO and President ShaneVaughn,who is the second-generation president. Avery Dennison Awarded How2Recycle Label Avery Dennison has become the first pre-qualified intelligent labels provider to receive the How2Recy- cle label for RFID paper hang tags, recognizing they are as easy to recycle as many of the products they appear on. The How2Recycle label was created to provide con- sistent and transparent on-package recycling infor- mation to consumers in North America and involves a coalition of brands that want their packaging to be recycled and are empowering consumers through in- telligent packaging labels. How2Recycle is a part of GreenBlue, an independent environmental non-profit organization. The label has been assigned based on several factors that How2Recycle considers, including applicable law, access to recycling, sortation, reprocessing, and end markets. This development follows many years of research within Avery Dennison Smartrac to develop a unique combination of materials, adhesives, and inlay con- struction to enable RFID labels to be recycled along- side any other residential recycling stream, meaning they can be transformed with any other paper-based materials.

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In addition to its bi-weekly print edition, Flexo Market News also offers unprecented online reach for advertisers, as well. * Every ad in our print edition appears in our online edition, which includes a link back to your company’s website. • Banner ad opportunities exist at both www.flexomarketnews.com and www.nvpublications.com.

• Exclusive online sponsorships allow your company to have sole ownership over online content, in addition to your ad on a web blast that goes to our readers. • Web blast sponsorships that reach our entire

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Global Printing Machinery Market Expects Growth A new market study published by Global Industry Analysts Inc., a market research company, presents perspectives on opportunities and challenges in a sig- nificantly transformed post COVID-19 marketplace. Amid the COVID-19 crisis, the global market for print- ing machinery estimated at $18.9 billion in the year 2020, is projected to reach a revised size of $24 billion by 2026, growing at a Compound Annual Growth Rate of 4 percent over the analysis period. Continued Growth The printing machinery market in the United States is estimated at $5.3 billion in the year 2021. China is forecast to reach a projected market size of $4.8 bil- lion by the year 2026 trailing a CAGR of 6.5 percent over the analysis period.Among the other noteworthy geographic markets are Japan and Canada, each fore- cast to grow at 2.3 percent and 3.2 percent respective- ly over the analysis period. Within Europe, Germany is forecast to grow at approximately 3 percent CAGR. In the global flexography segment, the United States, Canada, Japan,China and Europe will drive the 3.6 per- cent CAGR estimated for this segment. These region- al markets accounting for a combined market size of

$1.7 billion in the year 2020 will reach a projected size of $2.2 billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Sun Chemical To Increase N.A. Prices On Inks, Coatings Sun Chemical will increase prices across its entire portfolio of publication, packaging and commercial sheetfed inks, coatings, and adhesives in North Ameri- ca, effective immediately. Rising Costs The inflationary cost trends in raw materials used within the ink industry have continued to accelerate throughout the course of the year, according to Sun Chemical. In addition to the raw material pressures, significant cost increases have been instituted in steel drums, pails, and other packaging components. Avail- ability of skilled labor remains a challenge and in order to attract and retain a committed team, labor costs and benefits have risen exponentially. International and domestic logistics costs have continued their steady climb and forecasts show no change in these trends in the near term, said the company.

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Flexo Market News September 27, 2021 5

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Bobst Obtains ISO 27001 Certification

Bobst has aligned with international information security management standards by further develop- ing and refining its Information Security Management System (ISMS). As a result, Bobst has been certified in accordance with the ISO/IEC 27001:2013 (also known as ISO 27001) International Information Se- curity Standard. Systematic Approach An ISMS is a systematic approach to managing sen- sitive information assets so that they remain secure. It relates to all types of >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16

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