L&NW welcomes in Ryan Will, president of Badger Tag & Label, to learn more about his company's decision to boost digital printing capabilities with the Durst Tau RSC-E.
As a result, the trustee is now responsible for safeguarding the company’s assets, assessing the financial situation, and exploring long-term possibilities.
The Israeli packaging and label company will soon be establishing a new facility in New Jersey with a focus on retort pouches and lidding films for single-serve coffee pods.
According to reports in Israeli media, the company is burdened with approximately $516 million in debt and has encountered a critical cash flow shortfall.