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

Bemis' product strategy paying off with record earnings per share

July 24, 2014 2:56 pm ET

Bemis Co. Inc. is feeling good about itself these days as the flexible packaging and pressure sensitive materials firm is posting record earnings per ...    More

Image

Sealed Air moving headquarters, 1,200 jobs to Charlotte, N.C.

July 23, 2014 2:06 pm ET

Sealed Air Corp. — which is known for its Bubble Wrap brand — is moving its headquarters from Elmwood Park, N.J., to Charlotte, N.C., and ...    More

Image

Successful packaging is about more than the materials you use

July 23, 2014 1:49 pm ET

“People do not forget how packaging makes them feel," says Marla Donahue. "Remember how frustrated you felt when you couldn't get that...    More

Image

Beer maker Carlsberg enlists suppliers for 'upcycling' project

July 22, 2014 11:14 am ET

Carlsberg Breweries A/S in Denmark has started an ambitious project with its suppliers to optimize its packaging for the purpose of “upcycling....    More

Image

Global market for plastic containers to top 46 million metric tons by 2021

July 22, 2014 10:56 am ET

German research company Ceresana has released a study saying that it expects the global market for plastic containers to rise to 46.2 million metric t...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

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

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

More Events