ProMach acquires Panther Industries to strengthen its labeling capabilities
ProMach, a packaging mechanism solutions provider, announced that it has acquired Panther Industries, a provider of automated labeling equipment for Fortune 1000, and small and medium-sized businesses beyond Due north America. The company said that the addition of Panther expands ProMach's labeling capabilities further into fundamental strategic areas, including eCommerce, distribution, manufacturing, warehouse, fulfillment, tertiary political party logistics (3PL), and many other fast-moving industries.
ProMach designs, manufactures, integrates, and supports the virtually sophisticated and advanced packaging solutions of all sizes and geographies in the food, drink, pharmaceutical, personal intendance, and household and industrial goods industries. ProMach is headquartered near Cincinnati, Ohio, with manufacturing facilities and offices throughout North America, Europe, Due south America, and Asia.
Founded in 2000, Panther articles both print and apply labeling systems and pre-printed label applicator systems. Panther'due south industry-leading technology helps companies increase throughput and reduce expenses for products ranging from cases to cartons and bottles to bags with intelligent and integrated labeling automation solutions for food, beverage, pharmaceutical, medical device, industrial, and consumer packaged goods applications. Panther'due south solutions range from economical entry-level systems for depression-volume operations to high-speed systems that are flexible, adaptive, and durable for manufacturing, distribution, and fulfillment processes to realize bottom-line benefits.
Welcoming the Panther team to ProMach, Marking Anderson, ProMach president and primary executive officer, said, "With the addition of Panther, ProMach brings a very comprehensive print and apply capability to customers beyond North America. This includes a wide range of labeling systems optimized for specific market applications along with a network of regional label converting locations to bring customers local support on a large scale. The result is a single source partner for almost any customer to mark, identify, and runway both primary and secondary packaging operations on their production lines backed by dedicated sales and service technicians to keep their labeling operations running at peak efficiency."
Highlands Ranch, Colorado-based Panther Industries, and its squad volition join ProMach'due south Labeling and Coding business line led by Alan Shipman, group president. With become-to-market production brands including ID Technology, EPI, Lawmaking Tech, Greydon, and now Panther, ProMach's labeling and coding business organisation line provides a comprehensive solution offering to customers throughout North America that includes both labels and machinery, all supported by an extensive network of more than fifteen sales and service offices as well every bit seven label converting facilities that provide flexographic labels, blank and vanquish labels, digital labels, synthetic labels, and more than.
"We're excited about what Panther brings to ProMach and the opportunity to support our customers with new, innovative labeling systems," said Shipman. "Together, nosotros volition expand our solutions in key markets and develop new print-on-need products to solve the unique challenges customers face as they scale upwardly their labeling operations. ProMach is well-positioned to continue helping customers ranging from small local startups all the way to national retailers abound their business organization with a unmarried source labeling partner for years to come."
Jim Thompson, Panther Industries founder, and president, will continue leading Panther as vice president and general manager. "I feel Panther has joined the best squad in the labeling manufacture. ProMach has an excellent reputation for investing in their brands and combining their unique strengths to better serve customers," said Thompson. "This is an outstanding opportunity for Panther customers to do good from ProMach's portfolio of solutions and for current ProMach customers to access more options to streamline their labeling operations. I'm very excited for both our client's and our employee's participation in the next chapter of the Panther story."
Source: https://packagingsouthasia.com/packaging-production/promach-acquires-panther/
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