Business Management - Finance/Financial

Jim Lundquist, CEO of AWT Labels & Packaging, says his company’s recipe for success is “a kind of a combo platter” in which the key ingredients have set it on a growth trajectory that makes it one of Printing Impressions' 2019 “Fast Track” companies.

The 2019 Printing Impressions 400 has been revealed and package printers ranked among the top companies on the list. Check out where the top 10 package printers landed in this year's ranking and be sure to check out the complete list for a snapshot of the printing industry in 2019.

Transcontinental released its 2019 financial year results with a revenue of $3.03 billion, the highest in the company's history. The successful year was marked by the company's integration of Coveris Americas.

GlobalData has analyzed data and analytics, and determined the top packaging influencers in Q3 2019. From Packaging Innovations to JoAnn Hines, the list is based on data research from the company’s Influencer platform.

Macaran Printed Products, a Cohoes, N.Y.-based label printer, has announced that the company has become 100% employee owned via an employee stock ownership plan (ESOP). CEO Nick Van Alstine states that the ESOP will both protect and reward the company's employees, many of whom have been with the company for more than 10 years.

EFI has named Grant Fitz as its new CFO, succeeding Marc Olin, who is remaining with EFI as COO. Prior to EFI, Fitz held executive positions with Valassis, a print and digital marketing technology and consumer engagement company, and Xerox.

After nearly 10 years with the company, Greg Jehlik is retiring from the position of CEO of Maxcess. After an extensive search, Berwind, Maxcess's parent company, has named Odd Joergenrud as Jehlik's successor.

The sale of the Kodak Flexographic Packaging Division is complete. The division was sold to Montagu Private Equity LLP and will operate as a standalone company called Miraclon.

Taking Heidelberg's collaboration with Masterwork, which dates back to 2014, to the next level is designed to open up further potential in the growing package printing segment, especially in China — the world’s largest individual market.

During its annual Converter Meeting held March 10-13 in Asheville, N.C., TLMI revealed the four winners of this year's Eugene Singer Award for Management Excellence. The award recognizes excellence in business management measured and defined by an established set of growth and profitability ratios through participation in the TLMI Management Ratio Study.