Taylor Adds Innovative Hybrid Digital + Flexo Press for Product Labels at Radcliff Facility

2022-10-08 15:43:31 By : Ms. Fannie Fang

NORTH MANKATO, Minn., August 16, 2022--(BUSINESS WIRE)--Taylor Corporation has announced the installation of a new hybrid printing press that advances the state of the art in the manufacturing of product identification and decoration labels.

Taylor’s newest hybrid digital + flexo printing press is a 12-color design that combines four flexographic and eight digital print stations. The press has a rapid "non-stop" digital architecture that eliminates the need for time-consuming and expensive job changeover tasks such as plate and ink changes. Taylor’s latest investment will benefit customers seeking high-quality pressure sensitive labels for product identification and decoration on a wide range of items.

"The hybrid press is special because it combines the best of both digital and conventional printing processes," says Joe Klenke, president of Taylor’s Labeling Solutions Group. "This press represents the next phase in our multiyear digital migration strategy to better serve our customers and adds to our growing fleet of digital label presses in the U.S. and Mexico," adds Klenke. "The digital component helps brand owners manage seasonal, regional and campaign-specific design strategies and makes complex, multiple-SKU orders much more cost-effective for our customers."

Taylor’s new press is one of the widest hybrid label presses in the world. "At 21 inches wide, this hybrid press moves our digital label capability into medium- to long-run jobs and allows us to migrate more of our customers’ label print jobs to digital production. The color consistency label to label and job to job is unbeatable," says John Harden, director of Taylor Labeling Solutions. "Likewise, the high-speed 21-inch-wide design will accelerate production and get customers to market faster with greater design agility while reducing their total cost."

The new hybrid press is part of a larger $18.8 million investment in Taylor’s Radcliff, Ky., facility — an investment that is expected to have a positive impact on the surrounding community as well. "Radcliff’s experienced workforce and proximity to major U.S. markets makes it an ideal place to grow our digital capabilities in product labels," notes John Maxian, director of operations for Taylor Labeling Solutions. "In addition to this new printing press technology, we’re adding 30,000 square feet of space to the Radcliff plant and expect to create another 28 high-quality job opportunities. We’re eager to add to the Taylor team and Radcliff is the perfect place to do it."

Taylor is among the top five graphic communications companies in North America. Headquartered in North Mankato, Minn., we are a team of more than 8,000 client-driven experts with operations spanning 32 states and eight countries. We use deep industry knowledge to strengthen your customer’s brand experience, enhance business efficiency and improve bottom-line profitability.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005674/en/

John Harden 919-939-3558 John.Harden@taylor.com

Here are the markets that will be open on Columbus Day, also recognized as Indigenous Peoples' Day, on Monday, Oct. 10.

The veteran telecom company is having a stellar year in many respects, but reason for concern has emerged.

Everyone knows that you should buy low and sell high if you want to turn a profit in the markets. The trick is finding the bottom, to know when to buy. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, sees the market bottom hitting in the next couple of weeks, making the end of October the right time for investors to buy in. Referring to some recent predictions by market technician Larry Williams, Cramer says, “The bear market is more or less… toast and, even if the current rally s

The U.S. emergency oil reserves haven’t been this low in four decades.

Wall Street tends to give stock splits more weight than they should have. Annaly's reverse split, however, might be a genuine warning sign.

The message is simple. Be greedy when others are fearful.

(Bloomberg) -- The conventional wisdom with stock bulls is that prices will take off when the Federal Reserve wins its fight against inflation. But the end of surging consumer costs could unleash another round of bad news.Most Read from BloombergRussia Races to Reopen Key Crimea Bridge Damaged in Fiery BlastFacebook Is Warning 1 Million Users About Stolen Usernames, PasswordsNATO Once Feared a Putin Victory. Now It Worries Over His DefeatBiden Should Hit Saudi Arabia Where It Really HurtsBiden S

Investing in Warren Buffett's biggest holdings can be a winning tactic, but don't overlook the companies that occupy smaller positions in Berkshire Hathaway's portfolio.

Insigneo CIO Ahmed Riesgo and Todd Sohn, Managing Director of Technical Strategy at Strategas, a Baird company, join Yahoo Finance Live to discuss the market outlook amid the Fed's interest rate hikes and recent employment data, and also talk about trading in volatile or recessionary periods.

Tesla stock is forming a bearish head-and-shoulders pattern. And with CEO Elon Musk likely selling more stock to fund his Twitter purchase, shares of the electric-vehicle giant might have further to fall.

If you buy one between now and the end of October, you’ll earn a composite interest rate of 9.62%.

The year 2022 has been a painful journey for semiconductor manufacturers. Following the example of AMD , Nvidia and Intel , which are the three main players in the sector, 2022 is a year to forget .Their valuations are in recession. Advanced Micro Devices (AMD) currently has a market value of $94.4 billion, which is a decrease of at least $83 billion compared to December 31, 2021.

(Bloomberg) -- Most Read from BloombergRussia Races to Reopen Key Crimea Bridge Damaged in Fiery BlastFacebook Is Warning 1 Million Users About Stolen Usernames, PasswordsNATO Once Feared a Putin Victory. Now It Worries Over His DefeatBiden Should Hit Saudi Arabia Where It Really HurtsBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry, cutting some of the world’s biggest c

These companies have the fuel to continue piping income into their investors' pockets in the coming years.

AMD stock is hitting 52-week lows as it reports disappointing preliminary revenue results. Here's when to buy the chipmaker's shares.

Verizon Communications Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $VZ performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.

The stock is down more than 12% so far this year and has a 52-week low of $18.89 and a 52-week high of $41.56. The stock slid when a federal judge pushed back a hearing until Jan. 5 regarding a lawsuit opposing the company's Thacker Pass lithium mine in Humboldt County in Nevada. Opponents of the mine are trying to get the court to overturn the mine's approval, set by then-President Donald Trump in January 2021.

To become a viable electric vehicle stock, Ford will have to prove one thing, and early signs are positive.

Goldman Sachs has by far been the better performing of the two in recent years, while Citigroup has struggled over the past decade or so. Let's take a look at these two cheap bank stocks. Goldman Sachs is one of the best values out there right now.

Investors are facing a storm of headwinds right now – a genuine bear market, stubbornly high inflation, rising interest rates, and increased fears of a recession in the near-term. However, Mary Callahan Erdoes, CEO of JPMorgan's Asset & Wealth Management division, advises investors to stay invested. "It's actually the easiest time in the world to find alpha — there is alpha everywhere... It's everywhere, because we are in such a state of change... While all the world is focused on all the black