INTELICOAT SELLS REPROGRAPHICS BUSINESS UNIT.
South Hadley, Massachusetts - Robert W. Champigny, President & Chief Executive Officer of InteliCoat Technologies, announced today that InteliCoat has sold its Reprographics Business Unit (AZON) to Precision Paper of Tampa, Florida. Mr. Champigny stated that the sale of its U.S. reprographics business at this time was in InteliCoat’s strategic best interests. This move will allow InteliCoat to continue to focus on its core competencies with respect to the development and marketing of coated products and services for technically demanding applications.
The sale of the U.S. reprographics business comes at an excellent time, since it positions InteliCoat to better service its electronic and engineered films and digital imaging customer bases, where the company has increasingly significant higher demand for products in production, as well s to pursue new business development opportunities
InteliCoat Technologies is a global leader in the manufacture of coated paper, film and specialtysubstrates for imaging and electronic technologies. The company-s products include: imaging substrates for graphics, desktop, proofing, design engineering applications and information storage; electronic films for applications in printed wiring boards, flexible circuits; optical films for displays; high temperature, conductive and shielding tapes; conductive films; and microfilm. InteliCoat operates four manufacturing facilities in the United States and Europe with sales and marketing operations in Australia, The Netherlands, the United Kingdom, North and South America. Worldwide headquarters is in South Hadley, Massachusetts, USA.
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