125 Years Young
Concurrent to these market-driven shifts has been a series of organizational changes aimed to establish the optimal financial and management foundation for Keller Crescent's long-term success—including the 1968 sale of Keller Crescent to American Standard; the subsequent buyback of the company by management in 1986; and more recently, the 2007 acquisition of Keller Crescent by global packaging manufacturer Clondalkin Group. Clondalkin went on to merge Keller Crescent's operations with those of pharmaceutical packaging manufacturer Pharmagraphics, which resulted in the shift of Keller Crescent headquarters from Evansville, Ind., to Greensboro, N.C.; the doubling of its facilities from three to six; and the creation of an expanded capacity to meet label and folding carton customers needs. This capability includes 25 presses (flexographic, offset, and letterpress), 50 folders, 15 glue lines, an assortment of diecutters, and more than 600 manufacturing employees. "Given our resources and the unique mixture of experience brought by these three converging operations, we have the potential to be so much more of a market presence together than we ever could have had apart," Mitchell observes.
- Companies:
- Xeikon