Breaking News

Reid Graphics acquires

July 19, 2005

Reid Graphics, of Andover, MA, has acquired Package Systems Corporation (PSC), of Danielson, CT. The acquisition was announced in early October.
Package Systems manufactured flexographic labels and is a distributor of label application and printing equipment serving the medical, pharmaceutical, hardware, industrial and consumer markets. The business of PSC has been absorbed into Reid Graphics, and all equipment has been moved to Andover. PSC had been owned by Alpine Investors.
The addition of PSC extends and augments Reid Graphics’ suite of labeling and product identification solutions. The company’s new name will be Reid/PSC Printing and Manufacturing.
Reid Graphics manufactures custom printed flexographic and screen products for use in the high technology food, pharmaceutical, industrial and consumer markets. The company is owned by Steve Dunlevy, president. The acquisition will give Reid/PSC combined revenues of between $12 and $15 million this year.
The purchase of PSC has increased the number of presses at Reid from eight to 13. PSC had four Webtrons and one Roto Press.
blog comments powered by Disqus
  • 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.