Packaging Digest is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Multi-Color Corporation to Close Heat Transfer Label Plant

Multi-Color Corporation has announced plans to consolidate its heat transfer label (HTL) manufacturing facility located in Framingham, Massachusetts into its other existing facilities. The transition will begin immediately with final plant closure within the next several months.

"This is another step forward in the continuing optimization of our manufacturing assets," said Frank Gerace, President and CEO of Multi-Color. "These actions will strengthen our competitive position by reducing fixed costs and increasing manufacturing efficiencies. While this plant closing is a difficult business decision, it is a necessary step that the Company must take to align our manufacturing capacity and fixed cost structure to match current market conditions. I would like to thank all of our Framingham associates for their hard work and commitment to provide quality products to our customers."

Source: Multi-Color Corporation

Click Here Now to Get FREE Newsletters from Packaging Digest

.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish