"The acquisition gives ID Label an expanded customer base of clients that have an ongoing need for LPN labels, rack bin location labels, retro reflective signs and installation services," says William Powers, vice president of sales and marketing. "The manufacturing and service offerings of ID Label will significantly benefit ULT clients."
ID Label will continue operations at the existing ULT facility and employ a number of staff at the Attleboro Falls, Mass., location. A portion of the manufacturing operation will be transferred to the new 21,000-square foot facility ID Label will operate in Lake Villa, Ill. The new facility is slated for completion in September 2009.
"ULT has been a leader in the variable image, barcode label manufacturing for warehouse applications since it was founded in 2001,” adds Neil Johnston, president of ID Label. “We look forward to building on the foundation that ULT has provided its clients for the past eight years and extending the product offering to help them grow their business under the ID Label banner.”
Financial terms of the deal were not disclosed.