Colormasters adding film and converting plants

By Michael Lauzon
Correspondent

Published: August 30, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet

ALBERTVILLE, ALA. (Aug. 30, 2:15 p.m. ET) — Flexible packaging producer Colormasters LLC will become integrated in polyethylene film by constructing and starting up a new blown film extrusion plant across the street from its existing plant in Albertville.

The company also said it will set up another new printing and converting plant in Albertville to complement its existing operation and to allow for expansion. This plant will be located in a former Berry Plastics Corp. duct tape plant that Berry closed at the end of 2010. The ex-Berry facility was reported to have 318,000 square feet of space and had employed about 100.

Colormasters said the new film plant will supply the majority of its film needs. It initially will employ about 30 and boost the payroll to about 60 over the next few years. It is due to begin running by the end of the year.

The new blown film plant and equipment will be an $8 million initial investment, said Colormasters general manager Ben Fryer in a telephone interview. Colormasters will start with two Windmoeller & Hoelscher film lines and expects to add three more next year.

“We felt to ensure quality and lead times, it was necessary to vertically integrate,” Fryer explained. Making PE film in-house also takes some costs out of the films, he added.

Fryer said his firm will still buy other types of films, such as PET, polypropylene and EVOH to and multilayer films make its constructions.

Colormasters is investing about $5 million to buy, renovate and equipment its second conversion plant, the former Berry facility.

Fryer said Colormasters’ main markets are in consumer retails, such as food, beverage and pet products.

Colormasters’ owners Dennis Hicks and Gus King started the business 26 years ago. Fryer estimated 2012 sales will be about $50 million and officials are targeting double that size in the next few years.

Colormasters’ second printing and conversion plant will feature the latest in equipment, the company claimed. About 25 employees will launch the operation Oct. 1 with staff rising to more than 200 in the next couple of years, the company predicted.

The Sand Mountain Reporter stated in an article that Colormasters co-owner Dennis Hicks said his firm has been sourcing PE film from out of state.

“Gus King and Dennis Hicks chose to start their operations in Albertville 26 years ago and it has proved to be a fantastic place to operate our business,” noted Colormasters general manager Ben Fryer in a news release.

Colormasters performs high definition flexographic printing, makes re-closable features on roll-stock, converts film to bags and pouches, does slitting and uses laser scoring to make easy-open and breathable packaging.

Company officials were unavailable to provide costs and equipment details.


Comments

Colormasters adding film and converting plants

By Michael Lauzon
Correspondent

Published: August 30, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Coveris makes another flexible packaging buy

August 22, 2014 9:34 am ET

Coveris Holdings is continuing its rapid acquisition pace, this time picking up flexible print specialist Learoyd Packaging (Holdings) Ltd. to boost...    More

Image

Promens closing 2 German blow molding plants

August 22, 2014 9:54 am ET

Promens hf, the Icelandic packaging group, is planning to restructure its packaging operations in Germany with the closure of two blow molding plants ...    More

Image

Inteplast expands in corrugated sheet with Coroplast deal

August 21, 2014 5:28 pm ET

Packaging major Inteplast Group has acquired its main competitor in corrugated plastic sheet, Coroplast Inc. Inteplast gets corrugated sheet plants...    More

Image

NanoHolding, Applied Nanotech merge to form PEN Inc.

August 21, 2014 4:44 pm ET

Nanotechnology firms NanoHolding Inc. and Applied Nanotech Holdings Inc. are merging to create PEN Inc., a publicly held firm whose product mix will...    More

Image

Report predicts growth for flexible packaging

August 21, 2014 12:34 pm ET

Flexible packaging in the United States grew last year and is expected to continue to grow this year, according to a new report by the Flexible Packag...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events