1100 N. Harvester Road
West Chicago, IL 60185
Phone: (630) 231-6500
Fax: (630) 231-6520
Sales: $65 million.
Major Products: Web offset heatset, coldset, sheetfed, flexo and UV/EB inks. CIC is also one of the largest blanket converters in the Midwest.
Key Personnel: Richard Breen, CEO; Gregg Dahleen, president; Doug Anderson, VP of product development; Scott Feigleson, CFO; John Pieranunzi, VP of sales and marketing; Victor Dahleen, VP of strategic services.
Number of Employees: 117.
Operating Facilities: West Chicago, IL; Minneapolis, MN; Milwaukee, WI; Swedesboro, NJ; Fontana, CA.
Comments: Central Ink Corporation had a solid year in 2013, with sales holding steady despite the decline in North American publication and commercial printing markets.
“Our sales were very close to the previous year,” said Doug Anderson, Central Ink’s vice president of product development. “Our heatset sales were up slightly. We did see some growth with some of our existing customers. Some of this was due to print site consolidation, and we did have a few customers that had a very good year.”
Anderson noted that Central Ink enjoyed a number of highlights this year, as the company continued to grow with its international partner. Central Ink is also seeing growth with pressroom chemistry as well.
Anderson noted that 2013 was not a bad year for raw materials, although there are concerns cropping up in 2014.
“There was ample supply and pricing was flat,” he reported. “We do have concerns this year. Crude oil is rising and the price of gum rosin has already impacted us. There has been expansion in tire manufacturing that could tighten up the supply of carbon black as well.”
All in all, Central Ink is optimistic about the coming year.
“We are still optimistic going forward; our business has been steady so far this year,” Anderson said. “However, raw material stability is always a concern.”