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.”

Source: Oliver

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.