Astro-Med Divests NC Label Operations

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Astro-Med Divests NC Label Operations

机译：Astro-Med Divests NC标签操作

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Astro-Med, Inc. announced the divestiture of its label manufacturing operations in Asheboro, N.C. The sale was made to the original owners of Label Line, Ltd.Commenting on the sale, Everett V Pizzuti, CEO, stated, "The primary business of that facility, producing labels for distributors, was not fully compatible with the business of our QuickLabel Systems Product Group, which produces labels primarily for sale to end-user customers who own QuickLabel color printers. Although the divestiture will result in approximately $3 million less in annual revenues in the new fiscal year, the effect on Astro-Med's profitability and cash flow will be positive with annual savings of approximately $400,000.

机译：Astro-Med，Inc.宣布剥离其在北卡罗来纳州阿什伯勒的标签制造业务。此次出售是向Label Line，Ltd.的原始所有者作出的。出售时，CEO Everett V Pizzuti表示：“该工厂为分销商生产标签，但与我们的QuickLabel系统产品部门的业务不完全兼容，该部门主要将标签出售给拥有QuickLabel彩色打印机的最终用户，尽管剥离将使公司减少约300万美元的收入。新会计年度的年收入，对Astro-Med的盈利能力和现金流的影响将是积极的，每年可节省约40万美元。

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《Package printing》 |2012年第3期|p.18|共1页
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收录信息美国《工程索引》(EI);
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正文语种 eng
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Astro-Med Divests NC Label Operations

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