PaperWorks Industries has invested $2 million in a new 40-inch sheet-fed Bobst diecutter for its Greensboro, North Carolina facility. The investment is in addition to the recently announced $3 million capital expenditure for its new 10-station litho press at the same location.
“The new state-of-the-art diecutter, in tandem with our existing diecutter, will enable us to accommodate the maximum output from the new folding carton litho press,” explained Clint Rutledge, chief operating officer, PaperWorks. “Additionally, it will support an additional shift to keep up with growing production demands.”
The investment was driven by brand owner demands for shorter runs, but a larger number of SKUs. “Brand owners and private label packagers are constantly looking for ways to grab the consumer’s attention and folding cartons play a key role in that. Our printing capability, coupled with the new diecutter, will help us meet those objectives,” Rutledge said.
This latest investment is in addition to the $60 million the company has spent over the past three years to upgrade its paperboard mills and folding carton converting plants.
