Transcontinental Inc. announced that it has acquired Multifilm Packaging Corporation, a flexible packaging supplier located in Elgin, near Chicago, in Illinois, employing over 70 people. The company enjoys a solid reputation in the high-end candy and chocolate packaging verticals in North America, and specializes in piece-wraps and high-barrier laminates for the confectionery, snacks and dry foods markets. Multifilm offers an integrated manufacturing process and distinguishes itself through its expertise in cast film extrusion, metallization and demetallization, as well as aluminum foil printing. “The acquisition of Multifilm Packaging Corporation is aligned with our growth strategy for the packaging division and presents tremendous opportunities,” said François Olivier, President and Chief Executive Officer of TC Transcontinental. “This transaction allows us to enter new high-end confectionery packaging niches and to bolster our offering in this market. Multifilm expands our manufacturing capabilities, namely with aluminum foil printing and demetallization, thereby enabling us to leverage these sought-after processes within our North American packaging platform. We are pleased to acquire such a forward-thinking company, equipped with a state-of-the-art platform and enjoying solid business relationships with its loyal customers, some of whom are internationally renowned. We wish to extend a warm welcome to all of Multifilm’s talented employees who will be joining our team of committed and results-oriented people.” Click Read More below for additional information.
Electronics For Imaging, Inc. (Nasdaq:EFII) announced that Dome, a commercial print solutions provider headquartered in California, recently purchased EFI™ VUTEk® FabriVU® 340 soft signage and VUTEk 5r roll-to-roll printers. The new high-volume inkjet printers are to be installed in Dome’s newly renovated, Sacramento, Calif., facility by the end of this year.
The purchase is part of a strategic re-invention of the company that also includes merging several locations into the new facility, as well as opening new company sales offices in Chicago and Southern California. The two new presses will replace three models from various manufacturers; once installed, Dome’s superwide-format inkjet graphics operation will exclusively use EFI printers.
A complete solution for high-volume out-of-home graphics “We are going into uncharted waters for our company, and we don’t need a vendor, we need a partner to help us succeed.” said Dome President Misha Pavlov. “It’s a strategic move, for sure — EFI has invested in us, and us in them.”
Those uncharted waters include expanding Dome’s offerings into out-of-home (OOH) graphics work. “I think the 5r was compelling to get into OOH,” noted Dome Chief Marketing Officer Bob Poole. “It is a space we have demand in, but that we currently don’t occupy. This is our response to customer demand, and it brings new capability to the company.”
The 5-meter wide VUTEk 5r model is designed to be the industry’s most technically advanced LED roll-to-roll production offering, and has the highest speed and resolution in its class, offering superior quality using EFI UltraDrop™ Technology 7-picoliter print heads. Dome’s printer includes a complete, integrated production workflow with value-added options, including an inline finishing system for all-in-one printing, x-cutting, slitting and collecting; ID backprinting; double-sided printing; additional white and light colors; and a vacuum table for rigid substrates.
Sustainability, quality and value with reusable soft signage Dome’s new, 3.4-meter wide VUTEk FabriVU 340 printer meets growing customer demand for textile soft signage. Dome is pursuing the print industry’s Sustainable Green Printing (SGP) Partnership, and soft signage also fits well with the company’s effort to expand environmentally friendly solutions.
more at: http://files.shareholder.com/downloads/ABEA-43405G/3872345327x0x959592/66E932D0-9810-44B4-815C-885EE67E1BBC/Dome_VUTEk_2017_release_final.pdf