Fort Mill, SC 29715
Phone: (803) 548-2210
Sales: $190 million (Ink World estimate).
Major Products: Sheetfed and web offset inks, solvent-based and water-based flexo and gravure inks, energy-curable inks and coatings, security inks, UV inkjet inks, overprint varnish and aqueous coatings.
Key Personnel: Geoff Peters, president and CEO; Daryl Collins, VP of regional operations & marketing; Greg Burch, VP of regional operations & corporate accounts; Jim Leitch, VP of regional operations & business development; Frieda Liles, VP of finance and treasurer; Evan Benbow, Ph.D., director of research; George Vance, director of manufacturing.
Number of Employees: More than 500.
Comments: For Wikoff Color, 2018 was another strong year, as the company made a pair of acquisitions, expanded its efforts in South America and continued its growth in its packaging and digital ink segments.
“Wikoff fared well in 2018. We capitalized on several strategic opportunities, including two acquisitions and multiple industry partnerships, positioning us for a promising 2019,” said Wikoff Color CEO Geoff Peters.
Headquartered in Fort Mill, SC, Wikoff Color has 27 branches in the US, as well as two in Canada (Montreal and Concord, near Toronto) and one each in São Paulo, Brazil and Leeds, UK. The company also has distributors in India and throughout the Caribbean, Central and South America.
The late 2017 acquisition of São Paulo, Brazil-based Verti Produtos Químicos has given Wikoff Color a stronger position in Brazil and South America, and Wikoff Color is placing greater emphasis in the region.
“The year included our participation in Expo Print, a major trade show in Brazil following our late 2017 acquisition of Verti Produtos Químicos,” said Peters. “This was the perfect opportunity to communicate Wikoff’s presence in São Paulo, Brazil by way of acquisition.”
In addition, Peters reported that Wikoff Color signed an agreement with Asahi Photoproducts to become a U.S. distributor of their flexographic photopolymer plates. “We will have access to the full range of flexographic plates from Asahi Photoproducts, which adds to Wikoff’s arsenal of one-stop pressroom solutions,” he added.
“The US is a large market and very important to Asahi,” said Aki Kato, managing director at Asahi Photoproduct, in announcing the agreement. “With platemaking moving closer and closer to the printing press, it is a significant benefit to us and to the end customer to have their trusted ink and coatings supplier also provide their flexo plates.”
Wikoff’s license to manufacture and sell GelFlex EB Flexo products was expanded to include North America. Wikoff will also offer GelFlex to customers in Africa, Australia, Central America, South America, the Caribbean, Japan, China, India, Europe and Russia.
“EB Flexo has the potential to be revolutionary for the packaging industry,” said Daryl Collins, VP of regional operations and marketing for Wikoff. “GelFlex capitalizes on electron beam curing being a leading food packaging safe energy-cure technology, giving converter’s the utmost confidence in their product performance.”
Wikoff Color was named by Morchem Specialty Adhesives & Coatings, Barcelona, Spain, as its exclusive distributor in Canada. Morchem manufactures polyurethane technologies for packaging adhesives, elastomers and coatings.
Peters sees excellent opportunities ahead for 2019.
“Wikoff Color expects to see good growth in 2019,” he noted. “If we are able to capitalize on even a portion of everything we have in the works right now, we will succeed in that growth. Margins will continue to be under pressure with continually rising raw material costs.”