Kodak Breaks Ground on Flexcel Line
By PrintAction Staff
By PrintAction Staff
Kodak hosted customers and community leaders at an April 20th ground-breaking ceremony in Weatherford, Oklahoma, to celebrate a $15 million capital investment to accommodate a new flexo plate line for the production of Kodak Flexcel NX plates. The ceremony included a ribbon cutting by Kodak CEO Jeff Clarke and Oklahoma Governor Mary Fallin.
“Today’s celebration brings a focus on the new face of flexo” said Clarke. “Kodak’s differentiated flexo technology is helping our customers to drive growth, break new ground and transform flexographic printing and the packaging industry as a whole.
The Weatherford plant is in its 50th anniversary year. The new flexo plate manufacturing line is a sister operation to Kodak’s existing plate manufacturing facility in Yamanashi, Japan. The $15 million investment represents one of the company’s largest capital investments since 2000.
Kodak explains its Flexcel NX plate sales volume grew 16 percent in 2016 compared to the prior year, a rate four times the projected growth rate of the flexible packaging market itself, according to Smithers Pira.
The new Oklahoma flexo plate line is expected to be in full production by early 2019 and will initially focus on supply of Flexcel NX plates to customers in the Unites States, Canada and Latin America. The expansion of this manufacturing Oklahoma facility follows a range of ongoing Kodak investment in flexographic printing technology worldwide, which includes the recent opening of a Flexo Packaging Technology Center in Shanghai in March 2017.
At Kodak’s Weatherford ribbon cutting are (left to right): Weatherford, OK, Mayor Mike Brown; Boon Tien Pang, director of operations for flexographic packaging division; Kodak CEO Jeff Clarke; Speaker Pro Tempore of OK House of Reps Harold Wright Jr.; President of Flexographic Packaging Solutions, Chris Payne; Governor of Oklahoma, Mary Fallin; Oklahoma Secretary of Commerce and Tourism, Deby Snodgrass; and Kodak Weatherford Plant Manager, Gene Meier.