Maverick Concepts, a creative design and fabrication business serving top retailers and major consumer packaged goods companies, has completed new investments to drive new opportunities. The Garland, Texas-based company purchased two advanced print technology solutions from Electronics For Imaging, Inc. – an EFI™ VUTEk® FabriVU® 340i dye-sublimation printer and EFI Midmarket Print Suite MIS/ERP workflow software. The new printer – Maverick’s second EFI VUTEk FabriVU 340i model – delivers high efficiency on premium soft-signage textile graphics, with speeds up to 5,381 square feet per hour. The 133-inch wide printer is also the only production-level solution in its class that offers direct-to-fabric production and in-line sublimation without the need for a separate calendar/heat press. As a result, Maverick Concepts’ direct-to-textile prints are immediately ready for finishing and shipping after printing. VUTEk FabriVU printers – which are also available in 70- and 205-inch widths – use aqueous dye-sublimation inks and give Maverick Concepts more firepower to provide its brand clients outstanding quality with a 2,400 dots per inch (dpi) maximum resolution.
Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in North America, effective immediately or as contracts allow.
The inflationary environment in North America has continued to impact the ink industry. Global geopolitical events have caused sustained pressure on logistics availability and have increased the costs to unprecedented levels. The constrained accessibility to labor in the market has driven significant wage inflation while contributing to inefficiencies at manufacturing facilities.
Key raw materials continue to experience scarcity while steel shortages drive costs for steel drums and other packaging components to historic highs. Sun Chemical continues to seek mitigation strategies to these cost increases, however, the magnitude and speed of increases require further action to offset impacts to the business.
“Our team continues to focus on ensuring a steady flow of our products to customers,” said Chris Parrilli, President of North American Inks. “Sun Chemical’s global reach has helped secure the raw materials needed to maintain production, however, the costs to secure those materials, manufacture our products, and deliver them to our customers has reached a level that requires Sun Chemical to take this price action. Global events will continue to influence our strategies and actions as we evaluate every opportunity to mitigate these inflationary events and deliver on the expectations our customers have for reliable supply of our products to their facilities.”