David Savastano, Ink World Editor04.22.10
The global recession has taken its toll on printers, but flexo packaging converters have fared reasonably well. For flexo ink manufacturers, the past year has been relatively stable.
“The European and North American flexo market had somewhat of a roller coaster year,” said Mike Impastato, vice president – strategic marketing, packaging and narrow web, for Flint Group. “January started very slowly with volume down across most segments. Printers had equipment shut down and were actively reducing inventories. But, once we got through the first quarter, the market began to come back to life and posted monthly increases through the second and third quarters before dropping off a bit in the historically slower fourth quarter.
“Most printers and suppliers felt much better about their businesses and the future exiting 2009 than they did entering 2009,” Mr. Impastato added. “The recovery was much faster than had been originally feared at the beginning
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