Pine Bluff, AR 71602
Phone: (870) 247-2080
Fax: (870) 247-5317
Sales: $115 million in ink and coatings.
Major Products: Water- and solvent-based flexo and gravure packaging inks and coatings; UV and EB coatings.
Key Personnel: Jerry Mosley, CEO; Michael Mosley, president; Scott Clark, VP and general manager.
Number of Employees: 310.
Operating Facilities: Pine Bluff, AR; Winston-Salem, NC; Shreveport, LA; Portland, OR; Ontario, CA; San Leandro, CA; Dallas, TX; Atlanta, GA; Louisville, KY; Chicago, IL; Fairfield, OH; Mississauga, Ontario; Richmond, B.C.
Comments: With the 2014 acquisition of Color Resolutions International (CRI) now completed, American Inks & Coatings (AIC), the sixth-largest U.S. packaging ink manufacturer, is further expanding its position in the packaging segment, recording new highs in sales at $115 million as well as in profits.
Prior to adding CRI, AIC’s key markets included water- and solvent-based inks for flexible packaging, folding carton, multi-wall bags and gift wrap ink markets. CRI was largely focused on the corrugated printing market. The acquisition gives AIC a strong position throughout the packaging segment, and the company reported growth in the corrugated market during 2014.
The addition of CRI was among the key highlights for AIC this year.
“Capturing the synergies of CRI was a highlight from the last year,” said Jerry Mosley, American Inks and Coatings’ CEO. “Opening a second plant in Canada is also a highlight, as is our continued growth in the markets we serve. We moved into a larger facility in Ontario, Canada, and we have two plants in Shreveport, one for our coatings operation, Progressive Coatings.”
Another important highlight was a personal one: Mosley received the National Association of Printing Ink Manufacturers’ (NAPIM) 2014 Ault Award, the most prestigious honor in the ink industry.
“It was a complete surprise,” Mosley said. “I felt very undeserving, as I feel I have taken much more from the industry than I have given.”
Raw material costs have stabilized and crude oil prices have declined, and Mosley is hopeful that will lead to some raw material cost reductions.
“Raw materials have stabilized, and for now with the price of crude going down, we do not expect any concerns for 2015 other than hope of some price concessions,” Mosley said.
Mosley anticipates that 2015 should be an even stronger year for AIC.
“We anticipate continued growth in both sales and profits, and being in a position to take advantages of any opportunities that may come up,” Mosley concluded.