Mohawk Fine Papers Acquires LabPrints to Enter Photo Labs Sector
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According to Thomas O’Connor, Jr., Chairman and CEO, Mohawk Fine Papers, “It’s no secret that the world of print communications is changing, as digital technology drives convergence in the worlds of print, photography, and design. In the past 18 months we’ve seen dramatic structural and cyclical shifts in the demand for premium papers. Digital printing is one bright spot in an otherwise challenging market, and Mohawk is fortunate to have established an early leadership position in this space. Our acquisition of LabPrints will bring a very talented, innovative team of software developers into the mix and allow us to create new products and services that add value for all of our partners in the new print economy.”
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