Breaking News

Multi-Color expands in South Africa

October 18, 2010

The company will invest $2.3 million for its Collotype Labels business.

Multi-Color Corporation (MCC) has entered into a property contract to acquire larger facilities in Paarl, South Africa. The $2.3 million property investment secures a long-term home for the current MCC Collotype Labels business in South Africa and provides room for expansion.

“We have enjoyed substantial growth in South Africa in the last six years and we are excited about future prospects,” says Nigel Vinecombe, MCC president. “This property purchase and subsequent refurbishments will be funded from current cash reserves in South Africa. We are delighted to reinvest in our business and our team, which has established a proven track record over many years in this developing market.”

The new property will be purchased in 2011 and refurbished. It will be ready for relocation prior to the expiration of the current facility lease.

  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning

  • Drupa 2016 a ‘resounding success’

    Drupa 2016 a ‘resounding success’

    Steve Katz, Editor||July 15, 2016
    The label industry was well-represented as visitors showed strong interest in the latest printing technologies.

  • Label & Narrow Web Job Market Report

    Label & Narrow Web Job Market Report

    Dan Miller||July 15, 2016
    A look at the trends and challenges affecting the label industry’s talent search.