Think Ink

Pettifor—Raw material prices and manufacturing costs have been rising steadily due to a myriad of factors. Ink manufacturers have not been able to raise prices at the same rate, so margins are being squeezed because we have not been able to keep pace. Some raw material suppliers are moving to other markets that are more profitable for them. Where we can, we have identified alternative sources and substituted materials, while maintaining quality and performance levels. We also continue to do all we can to streamline our processes using Lean and Six Sigma initiatives, although these productivity improvements have been underway for a number of years.