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MCC has acquired Starport Technologies, a provider of smart label solutions based in Kansas City, MO, and the other top stories of the week.
October 11, 2024
By: Greg Hrinya
Editor
Multi-Color Corporation (MCC), one of the largest label companies in the world, has announced the acquisition of Starport Technologies, a provider of smart label solutions based in Kansas City, MO, USA. Financial terms of the transaction were not disclosed. Founded in 2006, Starport manufactures a wide range of RFID products and other types of smart labels for numerous consumer and supply chain applications. Its unique manufacturing processes enable various face materials, adhesives, RFID transponders, printing, and other specialty coated web materials to be converted into a single pass through its converting platform. The acquisition complements and strengthens MCC’s greater than 20 years of experience in RFID labeling solutions. Meanwhile, Todaytec, a supplier of thermal transfer ribbon, has announced the appointment of Nimitt Adhvaryu to vice president of sales. With over 22 years of experience in labeling and packaging, Adhvaryu brings a wealth of knowledge and expertise in the printing industry that will help propel Todaytec to new heights. Prior to joining Todaytec, Adhvaryu provided sales and marketing consulting to many clients in the industry, demonstrating a commitment to excellence. He has worked with a variety of manufacturers to drive compliance, automation, sustainability, and deliverability. His drive for profitable growth and dedication to sales aligns with Todaytec’s mission to deliver quality products to its clients. “Nimitt’s extensive background in the printing industry, especially thermal labeling, will be invaluable as we continue to grow and adapt in this rapidly evolving industry,” says Steven Han, president and CEO of Todaytec. Here are the highest-trafficked news items from the week ending on October 11: 1. MCC acquires smart label solutions provider Starport Technologies 2. Todaytec welcomes Nimitt Adhvaryu as VP of sales 3. HP looks ahead to future of digital label printing 4. Anderson & Vreeland, XSYS detail thermal platemaking process 5. PRINTING United 2024 welcomes range of exhibitors, attendees
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