PCMC Acquires F.L. Smithe Machine Co.
Paper Converting Machine Company (PCMC) of Green Bay, Wisconsin and a division of Barry-Wehmiller Companies, Inc. recently announced the acquisition of F.L. Smithe Machine Co., Inc. of Duncansville, Penn., which specializes in the design and manufacture of high-performance printing and converting equipment solutions.
The acquisition strengthens PCMC’s flexographic segment of the printing industry, establishing the combined company as a global provider of a complete range of narrow, mid and wide web printing presses.
The new partnership also leverages F.L. Smithe’s historic position in the envelope converting industry to broaden the range of products and markets served by PCMC for dry and wet folding technologies across a variety of applications. F.L. Smithe, in 2004, had purchased Aquaflex, a Montreal-based manufacturer of narrow web printing presses.
The F.L. Smithe acquisition is the 44th for Barry-Wehmiller since 1987. In fiscal year 2008, a strategic combination of organic and acquisition growth allowed Barry Wehmiller to reach a new milestone, with annual revenues surpassing $1.1 billion for the first time in the company’s 123-year history.
For more information, visit www.barry-wehmiller.com.