Supremex Inc., a growing North-American provider of paper-based packaging solutions and specialty products and a leading manufacturer and
marketer of envelopes, today announced capital <a href="https://bitcomme.com/is-air-products-new-250-million-arizona-semiconductor-deal-altering-the-investment-case-for-apd/” title=”Is Air Products’ New $250 Million Arizona Semiconductor Deal Altering The Investment Case For APD?”>investments totaling approximately $4 million to expand and modernize
its folding carton and e-commerce packaging operations – another step in the Company’s strategy of growing its
packaging business.
The investments comprise:
• Indianapolis, Indiana — the addition of a six-colour offset press with in-line UV coating capability, complemented
by advanced converting and finishing equipment at the Company’s Indianapolis packaging facility. Together, this
equipment expands the range of packaging grades, formats and finishes produced in-house, adds much-needed
folding carton and e-commerce packaging capacity, and reduces the Company’s reliance on outside
subcontractors — improving quality control, lead times and responsiveness for customers.
• Chicago, Illinois — the relocation and upgrade of a printing press to the Company’s Chicago Envelope facility,
enhancing its production capabilities.
• Naperville, Illinois — the addition of e-commerce packaging capacity at the Company’s Naperville facility to meet
growing demand and leverage the site’s skilled workforce.
“These investments are about giving our customers excellence at every step — excellent equipment, excellent versatility
and excellent service,” said Stewart Emerson, President and Chief Executive Officer of Supremex.
“By bringing this level of capability in-house, we broaden what we can produce for our folding carton and e-commerce customers,
respond faster, and control quality from start to finish. Packaging is a growth engine for Supremex — we are investing
in our future, and these facilities are now positioned for the next decade of that growth.”
“The investments will be funded from existing cash flows and the Company’s existing credit facilities,” concluded
Mr. Emerson.
