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    Top Companies Report

    12 Wikoff Color Corporation.

    ...

    12 Wikoff Color Corporation.
    07.28.20
    Wikoff Color Corporation
    1886 Merritt Road
    Fort Mill, SC 29715
    Phone: (803) 548-2210
    www.wikoff.com

    Sales: $200 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. Pressroom supplies, including photopolymer plates, press washes, blankets
    and more.

    Key Personnel: Geoff Peters, president and CEO; Martin Iles, VP and CFO; Daryl Collins, VP of international  & corporate services; Greg Burch, VP of sales & regional operations; Jim Leitch, VP of Great Lakes region & business development; Frieda Liles, VP of finance; Evan Benbow, Ph.D., director of research; George Vance, director of manufacturing.

    No, of Employees: More than 500

    Operating Facilities: 33

    Comments: Wikoff Color had an excellent year in 2019, as the company continued to integrate its 2018 Braden Sutphin Ink acquisition as well as adding new ink and
    press lines.

    Geoff Peters, Wikoff Color’s president and CEO, said that 2019 was a year of growth through acquisition and an expanded product offering for Wikoff Color.

    “Following our acquisition of Braden Sutphin Ink Company in late 2018, we focused on integrating several new manufacturing sites to our technical service and support model,” Peters noted. “Wikoff Color also partnered with industry leaders in a variety of disciplines to bring a wide breadth of innovative products to customers, providing a comprehensive source for pressroom solutions. At Wikoff Color. we are forecasting for more significant growth in our label, flexible packaging and digital product lines.”

    Wikoff Color has successfully expanded its product offerings, including a 2018 agreement to distribute Asahi photopolymer plates and manufacture Gelflex EB Flexo. Peters said that one of the key highlights for Wikoff Color this year was the opening of its Wikoff Graphics location in Green Bay, WI.

    “This segment of our business is dedicated to providing Asahi photopolymer plate material, as well as technical support through processing equipment and prepress software. We are excited to see the growth of this new product division,” Peters reported.

    “Obtaining the ability to manufacture and sell Gelflex EB Flexo products was another highlight during the past year and demonstrates our commitment to sustainability,” Peters continued. “We have already hosted several customer open houses and successful press trials demonstrating the numerous benefits offered by this technology.”

    As for raw materials, supply issues due to coronavirus is an industry concern.

    “Like everyone in our industry right now, our biggest concerns in terms of raw materials are logistics challenges due to the coronavirus,” Ken Klug, Wikoff Color’s director of purchasing, reported. “Fortunately, Wikoff continues to avoid inventory issues. Our suppliers have us well-positioned with inventory for several months.

    Peters said that Wikoff Color is well-positioned for another year of growth in 2020.

    “In 2020, we anticipate an increase in our customer base and good growth in our label and flexible packaging product lines,” Peters said. “Our Wikoff Digital team is also predicting an increase in sales through new product development. We anticipate our energy-cure products and photopolymer plate technologies to have a strong growth year as well.”
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