Wood Dale, IL 60191
Tel: (866) 969-8696
Fax: (630) 628-1769
Sales: $105 million.
Major Products: Sheetfed; UV, LED and EB inks & coatings; conventional and UV waterless offset; solvent- and water-based gravure inks; solvent- and water-based flexo inks; pigments; digital inks; toner; inkjet inks; pressure sensitive adhesives and special function coatings; and plastic colorants.
Key Personnel: Toyo Ink America, LLC: Hideki (Jeff) Okaichi, CEO; John Copeland, president/COO; Masa Nagatsubo, GM, liquid ink sector; Joseph Sendendrey, GM, PSA sector; Mike Keegan, VP of sales, paste ink; Vipul Shaw, VP of sales, liquid ink; Kevin Garland, sales manager, pigment sales. LioChem; Naoto (Nick) Sumiya, president; Hudson Moody, GM, colorants division; Terry Hall, GM, gravure division. Advanced Materials Division: Kotaro (Kody) Osato, sales manager; Bill Bonney, CFO, LioChem Divison; Jane Krasner, controller, Toyo Ink America.
Comments: Toyo Ink America, LLC had a good year in 2014, reporting improved sales in commercial and energy curing inks, as well as opening its new East Coast manufacturing plant.
“Toyo Ink America did well in 2014, with major sales and financial improvements versus 2013,” said John Copeland, president and COO for Toyo Ink America, LLC. “There appears to be an increase in commercial printing compared to recent years. There is a lot of improvement in the energy curable printing market for high end printing which helped pushed some excitement back into the printing industry.
“Segments showing the highest growth included our digital ink and pressure sensitive adhesive businesses with high double-digit growth,” Copeland added. “Our offset sheetfed and energy curable business also saw a nice improvement over 2013.”
Toyo Ink America is expanding its manufacturing capabilities in the U.S., building a new East Coast plant for its ink portfolio.
“Our new plant opening in Carlstadt, NJ is one of the highlights for the year,” Copeland said. “This new site houses production for liquid, paste and digital ink manufacturing with 70,000 square feet of space.”
With regulatory concerns taking center stage in a number of markets, most notably food packaging, Copeland reported that Toyo Ink America is seeing more requests from customers for additional compliance information, and also wanting to know when Toyo will supply them with new OSHA/GHS compliant safety data sheets.
“Toyo Ink America is working with Toyo Ink Group in Japan in building a state-of-the-art global chemical and raw material database,” Copeland said. “Toyo Ink America is working to meet the June 2015 deadline for the new safety data sheets.”
Copeland is optimistic about Toyo Ink America’s path going forward.
“Over the next few years, we believe we will see solid growth in all the business segments Toyo Ink America participates in,” Copeland said. “We are very optimistic about the future.”