| PaperWorks Makes $2 Million Investment in Greensboro, NC Facility |
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Greensboro, North Carolina, USA 26 January 2018 -- (News release) -- PaperWorks Industries has invested $2 million in a new 40-inch sheet-fed Bobst die-cutter for its Greensboro, North Carolina facility. The investment is in addition to the recently announced $3 million capital expenditure for its new 10-station folding carton litho press at the same location.
"The new state-of-the-art die-cutter, in tandem with our existing die-cutter, will enable us to accommodate the maximum output from the new folding carton litho press," explained Clint Rutledge, CEO, PaperWorks. "Additionally, it will support an additional shift to keep up with growing production demands."
The investment was driven by brand owner demands for shorter runs, but a larger number of SKUs.
The litho press, which the new die-cutter supports, is capable of many value-added enhancements in a single pass that traditionally take two- and three-passes to achieve. These include matte and metallic inks, specialty coatings and pigments -- plus seven-color printing. The capability is driven by the press' unique configuration.
PaperWorks Industries is a leading, integrated North American full-service provider of recycled paperboard and specialized folding cartons for packaging applications.
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