Quad to Close Three Printing Plants in Early 2021 (piworld.com)

As of July 1, 2022, Sun Chemical has assumed responsibility for home and personal care colorants, which were previously distributed by BTC Europe GmbH. As a part of this business transfer, all future sales, samples and literature will be managed by Sun Chemical. This includes the popular tradenames Puricolor®, Iragon® and Pigmosol®, which contain a variety of dyes, pigments and preparations. “We are excited to continue expanding our color portfolio and grow in the home and personal care market,” said Bart Vanderbiest, Global Business Director of Cosmetics, Sun Chemical. “We are committed to making the world a more colorful place and look forward to leveraging our rich expertise and diverse portfolio to better serve our new and existing customers.”

*Reported Net Sales of $700 million in the third quarter of 2023 compared to $830 million in the third quarter of 2022, and Net Loss of $3 million in the third quarter of 2023, or $0.06 diluted loss per share, compared to Net Earnings and diluted earnings per share of $14 million and $0.27 in the third quarter of 2022, respectively. *Increased Net Cash Provided by Operating Activities by $71 million for the nine months ended September 30, 2023, compared to the same period in 2022. *Increased Free Cash Flow by $61 million for the nine months ended September 30, 2023, compared to the same period in 2022, including $27 million of Free Cash Flow generation in the third quarter of 2023. *Reduced Net Debt by $132 million over the last 12 months to end the third quarter with a Debt Leverage Ratio of 2.36x, which is within the company’s long-term targeted leverage range of 2.0x – 2.5x.

Color Ink, based in Sussex, Wis., is a family business that has never stopped evolving. From its original roots as an advertising agency in the 1970s, to the decision in the 1980s to branch into commercial printing, to the full-service visual marketing services company it is today, Color Ink embodies the concept of convergence in action. “The company was started in 1975 by my grandfather, Jim,” Austin Meissner, sales and sourcing manager for the shop, says. “He decided to start his own ad agency, but because he was brokering out so much print, he decided to get into commercial printing in 1984. In the late ’80s, the company had become successful enough to move into a dedicated space in Hartland, Wis., before outgrowing that and then eventually moving into its current location, with two buildings and 105,000 sq. ft. of space. But just as Color Ink evolved from an ad agency to a commercial printer, it also embraced new technologies and the shifts in the market as time has progressed. Today, Austin Meissner reveals, they see themselves not as being a commercial printer as much as a boutique printer — heavily involved in a wide mix of projects that include everything from event space, pop-up retail locations, and even interactive elements with light and sound.