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; Frieda Liles, VP of finance and treasurer; Dr. Evan Benbow, director of research; George Vance, director of manufacturing.
Number of Employees: 475.
Operating Facilities: 27.
Comments: Wikoff Color achieved many milestones in 2017, with the company doing well in the packaging and energy curing fields while also making an important move in South America with the acquisition of São Paulo, Brazil-based Verti Produtos Químicos.
“Wikoff Color gained ground in new opportunities, both in North America and internationally in 2017,” said Wikoff Color CEO Geoff Peters. “With an expansion into our Latin American market and a focus on product innovation in developing technologies, we are proud of our results from 2017 and look forward to the year ahead.”
The addition of Verti will allow Wikoff Color to strengthen its position in Brazil and South America.
“Both Wikoff and Verti have a strong reputation in the marketplace of supplying quality, tailor-made products, with a customer-focused mentality,” said Peters. “Verti has supported their products with superior technical service and will be able to further those capabilities with the support of Wikoff Color. We believe our cultures will integrate very nicely together.
“Wikoff’s plan is to expand on what is now Wikoff Color – Brazil’s strong relationship with the flexible packaging market and beyond, expanding into other target markets currently serviced by Wikoff, such as label, inkjet, folding carton and commercial. With a local presence in Brazil, we feel confident in our long-standing service model of superior technical support with a focus on customer success,” Peters added.
“We are looking forward to the new opportunities this will open up in the Latin American market,” said Daryl Collins, VP of regional operations & marketing for Wikoff Color.
Collins noted that the energy-curing market has been particularly good for Wikoff Color.
“Wikoff has seen promising growth in the energy-cure market, particularly with the growth of low energy curing technologies, such as HUV and LED,” Collins pointed out. “Wikoff has historically been on the leading edge of energy-cure technology, and we are continuing our prominence by formulating exceptional products for this emerging technology.”
As for 2018, Peters sees excellent possibilities ahead, particularly in packaging.
“Wikoff continues to forecast an increase in sales in 2018,” Peters added. “In the short term, we expect the awareness and attention on industry regulations for food and pharmaceutical packaging safety to offer more opportunities as we continue to promote our products suitable for these applications. Over the long term, we anticipate the packaging market to see continued growth, including the utilization of energy-cure and digital technologies to increase mass customization and decrease time to market.”