Multi-Color Corporation

News on printers in the packaging printing industry, including items on The World Label Awards Competition, Multi-Color Corporation, CCL Industries Inc., Walle Corporation, Graphic Packaging International and WS Packaging Group.

CINCINNATI, Ohio—Multi-Color Corporation (MCC) announced that it entered into agreements to buy 70 percent ownership in two label operations in Latin America: one in Santiago, Chile and the other in Mendoza, Argentina, with regional partner Fernando Aravena owning the remaining 30 percent. Aravena has more than 25 years experience in the Latin American label industry as owner and manager of operations in Chile, Argentina, Mexico, and Peru.

Multi-Color Corporation (MCC) announced the acquisition of Italian wine label specialist La Cromografica.

The package-printing industry is dynamic. Keep up with what is taking place in the package-printing community, including people on the move.

Multi-Color Corporation (MCC) announced it has entered into a property contract to acquire larger facilities in Paarl, South Africa.

Multi-Color Corporation (MCC) plans to invest in establishing label operations in China. Having received Chinese Government approvals, MCC will be located in the major southern city of Guangzhou, near many national and international consumer products brand owners.

GLOUCESTER, Mass.—The Tag and Label Manufacturers Institute (TLMI) and Tarsus announce that CEOs from four of the label industry’s leading companies will participate in a special roundtable and luncheon session to share their expertise with other converters.

GLOUCESTER, Mass.—Multi-Color Corporation and Yerecic Label have recently been awarded L.I.F.E. (Label Initiative for the Environment) certification from TLMI. The Project L.I.F.E. program was developed in order to assist TLMI members to find cost-effective ways to reduce their companies’ environmental footprint.

CINCINNATI—Multi-Color Corporation announced an important step in the global expansion of its Collotype Wine & Spirit Label division with the addition of leading European wine, spirit, and olive oil specialist, Guidotti CentroStampa SPA, based in Tuscany, Italy.

The label market is in good shape. Although the recent recession has affected every segment of package printing, the label industry is still well positioned for the medium to the long term, according to Corey Reardon, president and CEO of AWA. "Unfortunately in the short term, the impact has been negative with plenty of casualties in job losses and business performance, even company and plant closures," he says.