Schaumburg, IL 60173
Phone: (630) 382-1800
Fax: (847) 969-9758
Sales: $375 million.
Major Products: A full line of ink and coatings solutions technology for packaging, commercial and digital print applications, including metal decorating, flexographic, gravure, web offset, lamination, corrugated, sheetfed, digital and UV/EB inks and coatings.
Key Personnel: Kotaro Morita, chairman; Rick Clendenning, president and CEO; Bryce Kristo, CFO and SVP, general affairs; John Hrdlick, SVP COO, operations; Rick Westrom, SVP, strategic global sourcing/R&D director; Jonathan Ellaby, VP, international operations; Ron Deegan, VP sales North America, Liquid; Dave Waller, VP sales North American, Rigid Packaging & Offset; Mark Hill, VP liquid technology/assistant R&D director; Toru Kaneko, VP R&D director offset; Jon Graunke, VP/R&D director – energy curable technologies; Joe Kelly, VP/R&D director – water technologies; Dave Maternowski, VP quality systems; Dan Lombardo, VP of operations, Metal/Energy Curable; Jim Lambert, VP/GM Digital Division electronics & hardware; Joe Cichon, VP of manufacturing; Jim Bailen, VP of engineering; Michael Brice, VP of offset operations; Craig Reid, VP digital inkjet; Susan Supergan, SVP human resources.
Number of Employees: Approximately 1,100.
Operating Facilities: Fifteen manufacturing locations and approximately 190 in-plant locations throughout North America. Three North American R&D Centers: West Chicago, IL (traditional ink technologies), San Leandro, CA (inkjet ink technologies) and Huntsville, AL (in jet electronics, software and specialty printers).
Subsidiaries: INX International UK, Heywood, England; INX International France, Bretigny, France; INX Digital Milan, Italy; INX Digital Prague; Parent Company: Sakata INX, Osaka, Japan.
Comments: INX International Ink Co. had a strong year in 2016, with new investments expected to drive further expansion.
“It was another good, solid year and we continue to grow,” said Rick Clendenning, INX International Ink’s president and CEO. We experienced strong sales in the last quarter and that gave us a good start to 2017.”
INX added to its position in South America with the acquisition of Creative Industria e Comercio Ltda., a flexo and gravure ink specialist headquartered in Sao Paulo, Brazil.
“We announced our acquisition of Creative Industria e Comercio on Dec. 1,” said Clendenning. “They are a highly respected premier ink supplier and well known throughout South America. Their expertise, coupled with our global reach, product development and raw material sourcing capabilities, will help us extend our packaging ink portfolio in that part of the world.”
INX International Ink and its parent company, Sakata INX, the fourth-largest global ink manufacturer with $1.23 billion in ink sales in 2015, successfully exhibited together at drupa 2016.
“INX and Sakata had a successful run at drupa,” noted Clendenning. “The event helped us show our true global reach and it contributed to our success last year.”
INX is heavily investing in new facilities in the US. The company added 23,000 square feet to its 2-piece metal deco facility in Charlotte, NC, which produced 16 million pounds of ink in 2016. INX will next turn its attention to its energy curing ink operations in Kansas.
“We completed expansion of our Charlotte, NC facility,” said Clendenning. “Our metal ink business continues to grow and that facility helps provide product to four different continents. Our next big expansion project is underway at our energy curable ink and coatings facility in Edwardsville, KS. When completed this year, it will help us continue growing that side of the business.”
“When the original building was constructed in 2004, it was designed to handle annual production of 9.5 million pounds,” said INX COO John Hrdlick. “Our production levels have risen steadily since 2009, when annual production was at 11.9 million pounds. Last year it exceeded 16 million pounds.”
INX has developed a strong presence in emerging markets, including digital printing, packaging, LED curing and coatings. Clendenning noted that INX has a dedicated R&D department with chemists who work daily to develop and improve products across all segments.
“One of their strengths is visiting with and listening to what our existing and potential customers have to say, in addition to educating them,” he added. “Our technology experts are incredibly knowledgeable and second to none in our industry.”
Clendenning said that INX is monitoring global events, which could lead to dramatic shifts.
“Like any year, world events will always be a concern,” he observed. “In turn, this could impact certain processes vital to manufacturing, such as raw materials. As always, we will keep an eye on it and other potential developments that could impact our company and our customers.”
While Clendenning said he is optimistic about 2017, there are serious challenges ahead.
“I’m optimistic, but it appears 2017 will be different than the last couple of years,” Clendenning concluded. “I think more competitive threats and raw material cost increases would be a dangerous combination for our industry.”