Business News

MARK ANDY INC. CELEBRATES SUCCESSFUL FIRST QUARTER

Thursday 04. June 2009 - Worldwide sales volume for the company is strong

Mark Andy Inc., a world leader in narrow- and mid-web printing and converting equipment, is pleased to announce strong sales during first quarter 2009, an indicator that converters are coming back on line with equipment purchases. North American sales volume for Comco, Mark Andy, Rotoflex and UVT equipment was higher than the prior year with international sales following suit – promising news especially in this time of global economic uncertainty.

“Mark Andy Inc. is excited to support our customers as they enhance their operations and enter into new projects,” states Paul Brauss, president and CEO. “We credit our clients for their tenacity in weathering this environment and advancing their technologies, and we appreciate their confidence in us to be their equipment provider.”

In addition to orders for new equipment, MAX, the aftermarket service and support group of the organization has enjoyed tremendous success with enhancements and upgrades as well as press rebuilds. The engineering and manufacturing processes to support these initiatives have resulted in a significant first quarter and the team looks forward to continued success throughout 2009.

This increased capacity has encouraged Mark Andy Inc. to more closely examine its facility utilization worldwide. In response to this analysis, the company looks forward to expanding its production capacity and operations at the global headquarters in St. Louis, Missouri, USA. Aligning operational efficiencies, incorporating lean initiatives and maximizing value in both manufacturing and office environments will result in an even more stable organization to support the vast customer base. These efficiency updates will be visible across facilities worldwide as the company aggressively streamlines manufacturing locations and maximizes efficiencies. This new approach will in no way reduce the commitment of Mark Andy Inc. to its valued clients.

“This year’s economic activities have given us a chance to more closely evaluate our practices and refine our operations to reinforce the stability of our superior brands. Mark Andy Inc. remains focused on delivering quality solutions for our worldwide customers long into the future,” added Brauss.