Global Conditions Drive Price Increases for Transfer Media Offset Printing Blankets
Day International, a division of Flint Group, is a leading global supplier of transfer media printing blankets, to the heatset, coldset and packaging industry.
Given the continued challenges from the Covid pandemic, Day International continues to face cost increases across the global supply chain, from logistics to raw materials as well as the additional cost impact arising from staffing shortages at its global manufacturing location in the United States.
Chad Holzer, Business President Image Transfer Technologies, states ‘we are seeing a significant increase in demand for our packaging related products and are running our production facilities at peak levels, while adhering to practices recommended by the World Health Organization and local government agencies designed to keep our employees safe and healthy. However, we are facing unprecedented challenges with employee absenteeism due to COVID 19, delays in global supply chains, and critical raw material shortages’
Due to these challenges, Day International is announcing the need to increase prices on printing blanket used in the heatset, coldset, and commercial sheetfed market segments.
It is our desire to consult with our customers and partners regarding these details in the spirit of mutual cooperation and support as we seek to maintain strong relationships with our valued partners and continue to offer the best products in the industry during this difficult period.
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 Printing Impressions.
- Companies:
- Flint Group