“We are very excited to add the unsupported thin film capability to Hooven-Dayton’s offerings,” says Jeff Spahr, Hooven-Dayton’s director of operations. “This enables us to address the fast-growing demand for shrink sleeves. Our customers benefit from our ability to produce the high-quality graphics and 360° decoration that shrink sleeves offer. This new press expands our capacity, improves our productivity, and allows us to continue to provide our customers with multiple printing solutions. By combining the best of each of our processes, we pass the advantages of exceptional print quality, lower production costs, and fast turnaround time on to our customers. We believe that sets us apart from our competitors.”
According to Steve Hill, HDC’s corporate controller, Huntington National Bank and the Community Capital Development Corporation were instrumental in securing financing for the new press. Community Capital Development Corp. facilitated securing partial financing from the U.S. Small Business Association. The SBA 504 loan carries a longer term and a lower interest rate than conventional lending institutions. “This is good for both HDC and Dayton,” Hill says. “This new acquisition creates five new press-operater positions, for which Hooven-Dayton is now actively recruiting.”
Hooven-Dayton Corporation is a 76 year old supplier of flexographic and digital labels, coupons, short run flexible packaging and specialty printing. Specialty offerings include lottery bet slips and reciept rolls; coinless casino slot machine tickets; high end special effects; variable data; numbering, and bar codes (including 2D, QR Codes and MS Tags, varible or static). HDC customers range from small businesses to multinational corporations and represent such industries as automotive, health and beauty, cosmetics, medical, household products, pharmaceutical, food and beverage, industrial, lottery, and casino gaming. Based in Dayton OH, USA, HDC is a wholly owned subsidiary of the Che International Group.