Oliver Acquires High-Speed Offset Printing Press as Part of $7M Investment in Cleveland Plant
Credit: Oliver
Oliver Inc. (“Oliver”), the nation’s leading independent supplier of custom paperboard packaging solutions, has installed its 13th high-speed offset printing press – a Heidelberg Speedmaster XL 106 – in its Cleveland location.
Recognized as the most intelligent Speedmaster yet, this six-color conventional press features continuous production speeds of 18,000 sheets per hour, inline and automated color correction, an automated make-ready for changing substrates and hanging plates, and continuous optimization through artificial intelligence.
“Our facility in Cleveland serves the packaging needs of a wide range of consumer products – from emerging companies to global brands – the pressure to continue to expand capacity was strong,” said Tony Hyland, Vice President and General Manager of Oliver’s Cleveland facility. “We’re pleased to have been able to install a significant number of new machines that will allow us to grow with our customers.”
Due to increased demand, Oliver has invested more than $7 million in its Cleveland location to increase capacity by 50 percent by adding the following equipment over the past 18 months:
- Heidelberg Speedmaster XL 106
- Heidelberg Promatrix 106 CSB Blanker
- Kama 76 Die Cutter / Foil Stamper
- Kama FF Folder Gluer 52i
- Heidelberg Diana Easy 115 folder gluer
- BW Papersystem 1650 eCon Sheeter
Oliver has experienced years of sustained momentum and has made substantial investments in capital equipment to support this natural expansion in the marketplace. With a strategic focus on organic growth, capital expansions, and acquisitions, Oliver has a strong foundation for success.
“We’ve invested over $40 million in capital expenditures throughout our company’s six locations,” said Dan Rodenbush, President and CEO of Oliver. “And Cleveland’s 6-Color Heidelberg is the 13th high-speed printing press across the organization. These investments represent our commitment to our employees and to our customers’ growth potential. And we’re only just beginning.”
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Printing Impressions.
