Taghleef Industries (Ti) has acquired Applied Extrusion Technologies (AET Films), one of the principal manufacturers of specialized BOPP films in the Americas. This strategic acquisition will expand the Ti group’s presence in the Americas, while increasing its annual global BOPP film production capacity to approximately 360,000 Tons.
NEW CASTLE, Del.—Applied Extrusion Technologies, Inc. (AET) will close its Covington, Va. facility in 2008. “We have thoroughly studied options for the Covington plant over the last year,” said Thomas Mohr, president and chief executive officer of AET. “The plant’s relatively small size and large infrastructure costs have hindered its long-term competitiveness, and this ultimately led to our decision to close the plant.” “AET will conduct an orderly shutdown and transition, maintaining supply capability by utilizing existing AET manufacturing capacity to support our current and future business initiatives,” he continued. “A transition team will be working on a timely transfer of products to the
Shrink stock continues to steal the spotlight in the world of labels. TO EFFECTIVELY MARKET a consumer product, follow these directions: apply brightly printed shrink label to a smartly-shaped container and watch it fly off the store shelf. Okay, it's not that easy and maybe shrink sleeves aren't that good. But shrink labels are growing at an astounding rate, and their brilliant, 360° graphics and ability to contour to sleek container designs appeal to consumers. Simply put, shrink labels look good and sell their products. Endless possibilities Body labels such as shrink sleeves are expected to grow at a clip of about
No longer limited because of price and availability, holographic substrates are going mainstream. While the idea of holograms and holographic materials have been around for years, most converters—as well as suppliers—have ignored the technology for mass market applications because it was expensive and hard to get. As interest has grown however, suppliers now realize that holography has grown from niche products, seasonal promotions, and security applications to more mainstream packaging. Once reserved only for premium packaging marketers, holographics are enabling marketers of food, consumables, and more common products to boost shelf appeal and sales. Applied Extrusion Technologies (Newark, Del.) has fully committed
