07.14.22
8501 Hedge Lane Terrace
Shawnee, KS 66227-3290
Phone: (913) 422-1888
www.nazdar.com
Email: nazdarorders@nazdar.com
Sales: $200 million (Ink World estimate).
Key Personnel: Richard Bowles, president and CEO; James MacDonald, VP, sales and marketing; Evan Benbow, VP R&D; Woodrow Williams III, VP, global manufacturing; Bruce Ridge, director of technical services; Mike Harjung, VP, Narrow Web Business Unit; Mike Johnson, VP, Graphics and Industrial Business Unit; Dave Austin, VP and COO.
Operating Facilities: US, UK, Singapore, Central America and Mexico.
Comments: A leader in the screen and digital ink fields, Nazdar in celebrating its 100th anniversary in 2022. The company had a strong year in 2021, despite the challenges of COVID, raw materials and the economy.
“Nazdar experienced a robust recovery in sales in 2021, despite COVID, supply chain and labor headwinds,” said Richard Bowles, Nazdar’s president and CEO. “While demand recovered, increased product and production costs created challenges. UV LED products were a highlight and products we manufacture for OEM and private label opportunities.”
Bowles noted that Nazdar’s 100th year celebration was the highlight of the year, as was the closer return to normal business processes after COVID diminished.
“Although there are still lingering effects from the COVID slowdown, Nazdar has seen a return to more of a business-as-usual state,” Bowles observed. “However, logistics and inflation issues are still creating challenges. Raw materials, shipping, and labor issues continue to disrupt business.”
In an important personnel move, Bowles added CEO to his duties in January 2022. Bowles has served as president of Nazdar since January 2018, and joined the company in December 2002 as VP of marketing.
In addition, Jeff Thrall stepped down as president and CEO of Thrall Enterprises (TEI), the parent company of Nazdar, to become executive chairman, with Dan Potts becoming president and CEO at TEI.
“Both Dan and I have every confidence in Nazdar’s continued success under Richard Bowles’ solid and exemplary leadership as president,” Thrall said in announcing the promotion. “We will all continue to work together in various capacities, and I look forward to our continued success in the future.”
Bowles noted that 2022 has started off well for Nazdar.
“Demand remains strong, but inflation, supply chain, and labor issues continue to persist,” he concluded. “Because of Nazdar’s diverse product ranges and adaptive production capabilities, the company has continued to grow even during the struggles of the last few years.”
Shawnee, KS 66227-3290
Phone: (913) 422-1888
www.nazdar.com
Email: nazdarorders@nazdar.com
Sales: $200 million (Ink World estimate).
Key Personnel: Richard Bowles, president and CEO; James MacDonald, VP, sales and marketing; Evan Benbow, VP R&D; Woodrow Williams III, VP, global manufacturing; Bruce Ridge, director of technical services; Mike Harjung, VP, Narrow Web Business Unit; Mike Johnson, VP, Graphics and Industrial Business Unit; Dave Austin, VP and COO.
Operating Facilities: US, UK, Singapore, Central America and Mexico.
Comments: A leader in the screen and digital ink fields, Nazdar in celebrating its 100th anniversary in 2022. The company had a strong year in 2021, despite the challenges of COVID, raw materials and the economy.
“Nazdar experienced a robust recovery in sales in 2021, despite COVID, supply chain and labor headwinds,” said Richard Bowles, Nazdar’s president and CEO. “While demand recovered, increased product and production costs created challenges. UV LED products were a highlight and products we manufacture for OEM and private label opportunities.”
Bowles noted that Nazdar’s 100th year celebration was the highlight of the year, as was the closer return to normal business processes after COVID diminished.
“Although there are still lingering effects from the COVID slowdown, Nazdar has seen a return to more of a business-as-usual state,” Bowles observed. “However, logistics and inflation issues are still creating challenges. Raw materials, shipping, and labor issues continue to disrupt business.”
In an important personnel move, Bowles added CEO to his duties in January 2022. Bowles has served as president of Nazdar since January 2018, and joined the company in December 2002 as VP of marketing.
In addition, Jeff Thrall stepped down as president and CEO of Thrall Enterprises (TEI), the parent company of Nazdar, to become executive chairman, with Dan Potts becoming president and CEO at TEI.
“Both Dan and I have every confidence in Nazdar’s continued success under Richard Bowles’ solid and exemplary leadership as president,” Thrall said in announcing the promotion. “We will all continue to work together in various capacities, and I look forward to our continued success in the future.”
Bowles noted that 2022 has started off well for Nazdar.
“Demand remains strong, but inflation, supply chain, and labor issues continue to persist,” he concluded. “Because of Nazdar’s diverse product ranges and adaptive production capabilities, the company has continued to grow even during the struggles of the last few years.”