Freeport Press Purchases Second Komori System 38S Heatset Web Press

“Our intent is to double our volume over the next five years, which will provide a number of opportunities,” said David G. Pilcher, President and Owner of Freeport Press.

The transaction totaled $6 million and includes money from the Ohio Department of Development and equity from PNC Bank through the state’s New Market Tax Credit. Also the Ohio Finance Fund was part of the loan and played a key role in bringing all parties together. Over the term of seven years the company expects to retain their 150 employee base and add 40 or more employees.