US printed packaging company Nosco has acquired New York-based insert and outsert manufacturer Gooding Company.
The acquisition is in line with the company’s strategy to focus on growth in the healthcare segment and strengthen its presence in the East Coast with another manufacturing facility.
The addition of the new facility is expected to reduce lead time and packaging costs, as well as enable Nosco to deliver an expanded range of folded solutions.
Established in 1876, Gooding was sold to current owner and president Jerry Hace, following which, it started to focus on manufacturing enclosures for multiple industry segments primarily to the medical and pharmaceutical industries.
Nosco president Russ Haraf said: “Over the years, Jerry Hace built a great team at Gooding that behaves very consistently with the employee-owned culture at Nosco.
“Gooding is a great company that will complement our On_Demand Solutions Center in Philadelphia very well, offering a full line of healthcare printed packaging solutions with best-in-class cycle times for the eastern portion of the US.”
Following the acquisition, Nosco will continue to support Gooding customers with labels and cartons.
Hace said: “The future of the printed packaging industry in healthcare demands an extensive product assortment and redundancy in operations.
“It became clear that the best strategy for growth required combining capabilities with a strategically, like-minded company.
“Nosco has invested in advanced digital technology that we can offer to our valued clients, in addition to our speciality, MicroFolders.”
Last month, the company installed Komori six-colour offset printing press at its Carton Business Unit in Waukegan, Illinois, US.
The new device is expected to improve print quality and colour control while offering increased flexibility for product scheduling.