Oliver Printing Continues Business Expansion With Investment In New Press Technology
Wednesday, July 11, 2007
Press release from the issuing company
CLEVELAND (July 10, 2007) – Continually investing in state-of-the-art presses – an estimated $5 million since 2002 – Oliver Printing is at the forefront of the industry in Northeast Ohio. Based in Twinsburg, Ohio, the company’s most recent purchase, a Heidelberg Speedmaster CD-74, is expected to increase business this year 15 percent by offering customers high quality, quick turnaround color printing and packaging materials.
Oliver installed the Heidelberg Speedmaster CD-74, 6-color press with aqueous coater at its 40,000 sq. ft. facility just east of downtown Cleveland in April this year. “With this specific press,” says President George Oliver, “we’re prepared to take on more work than we ever could before.”
The Speedmaster CD74 is designed for quick and easy set-up, and stable production on a wide range of stock types.
Oliver anticipates the new press to take on a significant workload in 2007; initial projections indicate more than a 15 percent jump in revenue from the previous year. “Success is dependent upon speed and flexibility,” says Oliver, “especially now with runs getting shorter and job changes more frequent.” “The new Speedmaster press addresses both areas for us,” he finishes.
In addition to Heidelberg’s Speedmaster CD 74, Oliver recently added the CD 102 6-color with coater, Stahl folder and Polar cutting system to its shop—also purchased from Heidelberg USA. Total capital investment, from 2002 thru this year, nears the $5 million mark according to Oliver.
“We run a highly automated manufacturing operation,” says Oliver, “and because of our continued investment in state-of-the-art technology, we’re able to produce high quality award winning materials economically for our customers.”