Aquaflex Reports Impressive Sales Increase

Published: February 27, 2009

DUNCANSVILLE, PA | Aquaflex has reported that 2008 sales revenue increased 73% over 2007, with the number of presses sold internationally increasing four-fold.

“[The year] 2008 was a surprisingly dynamic year for Aquaflex,” says Mac Rosenbaum, VP of Aquaflex/F. L. Smithe. “While the economic slowdown has impacted the entire industry, Aquaflex experienced far less reduction in activity than anticipated. At a time when our industry is busy adjusting its expectations, a 73% increase in revenue is a very respectable number. We’re also very pleased with the four-fold increase in the number of presses sold to international customers. This reflects the quality and performance of our growing international distribution and service base.”

Aquaflex introduced the new ELS-D series as a variant to their popular ELS Servo platform at the 2008 Labelexpo Americas. The ELS-D added sleeved technology and greater automation to the line.

“In the few short years since F. L. Smithe acquired Aquaflex, the infusion of advanced technology into the line has been dramatic,” adds Rosenbaum. “Our ability to customize our presses to match our customers’ specific needs has been key to our growth. We know that going into 2009, printers will be even more discerning and value-conscious in their equipment purchases.” Visit: www.aquaflex.com.