Trend Alert: Sizing it Up
The Tag and Label Manufacturers Institute (TLMI), located in Naperville, Ill., is a member-driven association serving the North American narrow web tag, label and packaging industries that companies can turn to for resources and tools to incorporate into their business-planning strategies.
TLMI Communications Director and Editor Jennifer Dochstader took some time to speak with Print Professional about the latest trends in regard to growth planning for label and tag suppliers. Strategies are categorized according to company size.
• Large Converters: Consolidation is still a central strategy as these companies continue to seek acquisition candidates that serve their overall business objectives. Given the slowed growth of the American marketplace, we’re witnessing these larger players seek acquisition strategies outside of North America in markets where growth rates are higher and pressure-sensitive markets are still in developing phases.
• Mid-Size Converters: [These] tag and label printers are fine-tuning their innovations strategies and are
delivering a broader range of services to their customer base.
• Small Converters: Smaller converters are pushing the envelope with technology on their production floor—running new constructions through their presses and customizing applications to meet challenging customer demands.
For more information, visit www.tlmi.com.
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