08.14.18
Lollicup USA, Inc., a beverage and disposable goods supplier and manufacturer for the foodservice industry, inked a contract for the newest generation Koenig & Bauer-Flexotecnica EVO XG press.
The press will be installed in the company’s new 660,000-square-foot production and manufacturing plant being built in Rockwall, TX.
“Our customer base here in the U.S. has quickly expanded in the past five years and we’re seeing special attention on orders for eco-friendly products,” Lollicup USA CEO Alan Yu said. “Since I have experience seeing the industry from different vantage points, it allows me to easily solve customer challenges. I like to personally work with customers on a daily basis and use my knowledge to help them grow and succeed in this competitive market.”
Lollicup USA has been on Inc. magazine’s 5,000’s fastest growing companies list for the past five years in a row.
“We’re definitely working on purchasing the best new technology to help better serve our customers,” said Marvin Cheng, Lollicup’s CFO. “We want to stay ahead of market trends while quickly and efficiently serving our customers with better shipping and more manufacturing. This means finding new forms of innovative technology to help us with this demand. Our market is requiring changes to our printing services, asking up to be more accessible and, from our perspective, we need equipment that provides high quality, efficiency, fast turnaround, and is easy to maintain.”
It was that endeavor that led Lollicup management to decide to purchase its first in-house flexo press.
“We had been thinking about purchasing our own printing press for a long period of time,” said Jason Lee, Lollicup USA’s assistant plant manager. “We decided to move forward when we started building our new plant in Texas. We chose Koenig & Bauer-Flexotecnica due to its superb printing capabilities, which will provide our customers with the quality and turnaround that they demand. We also believe that it will be a great addition to help us fill custom print orders. We forecast a 60% increase in our printing capabilities. We were quite impressed with the service and support that we received from Koenig & Bauer Flexotecnica and we’re pleased that its headquarters is local to our new plant.”
The EVO XG is built with heavy construction cast-iron closed-design frames and a high-precision solid print deck featuring anti-vibration mechanical elements.
“This will be the key workhorse for our facility producing paper cups,” Lee said. “It gives us the ability to have in-house printing of our paper cups. In addition, we plan to run new specialty substrates in the future and expand our printing capabilities to the packaging board market.”
Lollicup USA has launched 83 new products this year. It opened a new warehouse in New Jersey, as well.
“One of the biggest decisions we made was to manufacture in the U.S.,” Yu said. “This decision has allowed us to grow our product line. More importantly, it has allowed us to quality check our products with our quality control team. That has positively impacted our company. We’re proud of the investment of an estimated $50 million in the new plant, which is scheduled for completion in October 2018. It will employ approximately 200 new employees once it opens. This new facility will allow the company to better serve the region, while also making it possible for Lollicup to surpass its annual sales goals and production capacity. We project that we’ll post $180 million in sales by the end of this year, which displays growth over the previous year.”
The press will be installed in the company’s new 660,000-square-foot production and manufacturing plant being built in Rockwall, TX.
“Our customer base here in the U.S. has quickly expanded in the past five years and we’re seeing special attention on orders for eco-friendly products,” Lollicup USA CEO Alan Yu said. “Since I have experience seeing the industry from different vantage points, it allows me to easily solve customer challenges. I like to personally work with customers on a daily basis and use my knowledge to help them grow and succeed in this competitive market.”
Lollicup USA has been on Inc. magazine’s 5,000’s fastest growing companies list for the past five years in a row.
“We’re definitely working on purchasing the best new technology to help better serve our customers,” said Marvin Cheng, Lollicup’s CFO. “We want to stay ahead of market trends while quickly and efficiently serving our customers with better shipping and more manufacturing. This means finding new forms of innovative technology to help us with this demand. Our market is requiring changes to our printing services, asking up to be more accessible and, from our perspective, we need equipment that provides high quality, efficiency, fast turnaround, and is easy to maintain.”
It was that endeavor that led Lollicup management to decide to purchase its first in-house flexo press.
“We had been thinking about purchasing our own printing press for a long period of time,” said Jason Lee, Lollicup USA’s assistant plant manager. “We decided to move forward when we started building our new plant in Texas. We chose Koenig & Bauer-Flexotecnica due to its superb printing capabilities, which will provide our customers with the quality and turnaround that they demand. We also believe that it will be a great addition to help us fill custom print orders. We forecast a 60% increase in our printing capabilities. We were quite impressed with the service and support that we received from Koenig & Bauer Flexotecnica and we’re pleased that its headquarters is local to our new plant.”
The EVO XG is built with heavy construction cast-iron closed-design frames and a high-precision solid print deck featuring anti-vibration mechanical elements.
“This will be the key workhorse for our facility producing paper cups,” Lee said. “It gives us the ability to have in-house printing of our paper cups. In addition, we plan to run new specialty substrates in the future and expand our printing capabilities to the packaging board market.”
Lollicup USA has launched 83 new products this year. It opened a new warehouse in New Jersey, as well.
“One of the biggest decisions we made was to manufacture in the U.S.,” Yu said. “This decision has allowed us to grow our product line. More importantly, it has allowed us to quality check our products with our quality control team. That has positively impacted our company. We’re proud of the investment of an estimated $50 million in the new plant, which is scheduled for completion in October 2018. It will employ approximately 200 new employees once it opens. This new facility will allow the company to better serve the region, while also making it possible for Lollicup to surpass its annual sales goals and production capacity. We project that we’ll post $180 million in sales by the end of this year, which displays growth over the previous year.”