8501 Hedge Lane Terrace
Shawnee, KS 66227-3290
Phone: (913) 422-1888
Fax: (913) 422-2296
Sales: $75 million (and more than $100 million in ink sales, equipment and supplies, Ink World estimate).
Major Products: Screen printing, digital and narrow web inks, including conventional, UV and water-based.
Key Personnel: J. Jeffrey Thrall, CEO; Mike Fox, president; Richard Bowles, VP, GM; Phil McGugan, VP, global sales and marketing; Mike McGowan, VP and technical director; Jim Davidson, VP, global operations; Mike Harjung, VP narrow web business unit.
Operating Facilities: Five in the U.S., UK, Singapore and Mexico.
Comments: For the most part, the screen printing industry was the first major segment that saw the potential for digital printing. Leading screen ink manufacturers saw the opportunities as well, and became leaders in the growing inkjet ink field.
Nazdar, a longtime leader in the North American screen printing ink market, has embraced digital ink technologies, and has grown along with its customers. Its business areas include Nazdar Ink Technologies, a leading global manufacturer of specialty inks serving inkjet, narrow web and screen printing markets; Nazdar SourceOne, a leading distributor of inks, equipment and supplies for screen and digital printers in North and Central America; and Nazdar Consulting Services, which helps printers optimize results through training and consultation.
In 2012, the company enjoyed further growth in both printing segments, particularly in the area of UV curing.
“Nazdar saw growth in the digital/inkjet and narrow web ink markets, and continues to see an increasing share of the global screen ink market,” said Phil McGugan, Nazdar’s vice president of global sales and marketing. “Nazdar is focusing on growing our UV inkjet and wide format inkjet business. We are also expanding our product offerings in both screen and inkjet LED curable inks.”
UV LED is an area of great interest for printers, and Nazdar has released several LED curable UV inks, both screen and inkjet, into the global market.
“We are seeing inkjet printer manufacturers embrace LED curing in wide format and grand format,” Mr. McGugan added.
Mr. McGugan noted that raw material costs continue to be volatile, “but we continue to work to reduce costs and minimize their impact on products.”
Overall, Mr. McGugan anticipates growth for Nazdar in 2013.
“Nazdar continues to expand globally and increase market share. As the economy slowly improves, we expect our growth to follow suit,” Mr. McGugan concluded.