Hanover Park, IL 60133
FUJIFILM Imaging Colorants, Inc.
233 Cherry Lane
New Castle, DE 19720
US Sales: $120 million (Ink World estimate).
Major Products: FUJIFILM North America Corporation, Graphics Systems Division manufactures and distributes offset printing plates; offset, screen, flexo and inkjet inks; digital print and wide format print equipment; workflow, color management and proofing solutions; pressroom supplies; technical services and consulting services. FUJIFILM Imaging Colorants (FFIC) develops and supplies novel, high performance inkjet colorants – including dyes and pigment dispersions - and inkjet inks for the digital print market. FFIC also offers contract/toll manufacturing of aqueous inkjet inks.
Key Personnel: FUJIFILM North America Corporation, Graphics Systems Division: Todd Zimmerman, division president Graphic Systems Division and corporate VP Global Graphic Systems; Brent Moncrief, VP strategic marketing and brand management – the Americas; Chris Lomas, VP global business development; Paul Lynaugh, VP North America sales; Steve Bennett, VP packaging solutions.
Number of Employees: 600 (Ink World estimate).
Comments: FUJIFILM is a global leader in the field of digital printing presses, printheads and inks, as well as having a significant position in the screen and flexo ink segments. In particular, FUJIFILM North America Corporation, Graphics Systems Division and FUJIFILM Imaging Colorants both have had strong success in digital printing with the company’s Acuity, J Press and Graphium presses.
Larry Hettinger, product manager, Graphic & Industrial Screen Inks, FUJIFILM North America Corporation, Graphics Systems Division, said that FUJIFILM did well in all of its segments in 2018.
“Fujifilm’s sales of ink into a diverse range of market segments remains strong with manufacturing volumes growing year on year,” Hettinger noted. “The majority of this growth is due to higher sales of inkjet inks in the sign and display segment, and is driven in part by being faster than ever, with printhead and ink development driving faster output and higher quality.
“Fujifilm is leading the transition in inkjet printing technology through innovations in printheads and inkjet inks, and by bringing inkjet solutions to customers previously served through our heritage business in the screen and offset printing markets,” he said.
“Our analog product development legacy allows us to continue to introduce coatings that are helping the overall growth.”
Hettinger noted that the major highlight would be printers continuing to work with Fujifilm’s inks on new media.
“Much of this is due to successful printers recognizing the consolidation of market segments and therefore looking at new markets to print for,” Hettinger observed.
Hettinger noted that Fujifilm is working to mitigate higher costs, both in raw materials as well as the transportation market.
“Due to the raw material price and availability issues, we have had to pass along increases to our customers,” he added. “Fujifilm continues to work diligently to improve production efficiencies, implement structural changes to control variable costs to help keep our costs down to our customers. Transportation costs are definitely having an economic impact on our business. Being a global business, Fujifilm has global manufacturing locations and we cannot avoid the stress put on the supply chain due to these transportation issues.
Hettinger noted that inkjet will continue to be Fujifilm’s focus for ink developments over the next 12 months. For example, the company launched a new food-safe ink for the Jet Press 720S for packaging production in Europe that allows the press to print on primary food packaging.
“We will continue to develop inks to open up new markets that are currently inaccessible to inkjet today,” he added. “We have ambitious short and long term growth targets for inkjet which we believe we can achieve by our ability to developing core technologies.
“Fujifilm believes the analog markets are at the tipping point where LED will begin to replace a significant amount of traditional UV arc and water-based printing,” Hettinger concluded. “The outlook for LED growth is very high and Fujifilm is poised to serve this market. With Fujifilm’s continued investment in R&D and ownership of the core technology for ink and printhead, we are well placed to meet the needs of our customers.”