Aquaflex reports sales nearly doubled in 2006
Aquaflex, a manufacturer of narrow web presses, reports that the company “significantly exceeded” its 2006 sales projections, nearly doubling its sales over the previous year. Aquaflex is owned by F.L. Smithe Machinery and is located in Duncansville, PA, USA.
Mac Rosenbaum, vice president of F.L. Smithe, says, “We nearly doubled the number of presses sold in 2006 over 2005. And in 2005 we virtually doubled the number of presses delivered in 2004. It’s very gratifying to see the industry respond so positively to our new Aquaflex product line. We’ve all worked very hard to make the line relevant to the printer’s present and future needs.”
While company officials declined to reveal specific sales data, they report that production lines have been booked for months in advance, and that capacity in the 200,000 square foot manufacturing plant is full.
Aquaflex was acquired by F.L. Smithe in 2004. The company modified the product line by incorporating its extensive experience in servo driven machinery. Since then it has introduced the FPC Servo press, featuring a robust inline print head and advanced sleeve technology, as well as the ELS Servo press for tags, labels and flexible packaging. The ELS prints on traditional label substrates as well as film, and is priced lower than the FPC.