Printing and packaging solutions provider Smyth Companies has invested $6.5m in new equipment at its printing operation facilities in the Town of Bedford in Bedford County, Virginia, US.
The company has purchased and installed a KBA Litho press and a new Comco roll-fed press for its operation.
Virginia Governor Ralph Northam said: “Smyth Companies has been a valuable corporate citizen in the Town of Bedford in Bedford County for nearly a century, and we are honoured that they continue to reinvest in their Virginia operation.”
The Virginia Economic Development Partnership (VEDP) through its Virginia Jobs Investment Program (VJIP) will offer funding to Smyth Companies to support the retraining of 28 existing employees on the new machinery.
Smyth Companies president Scott Fisher said: “We have installed two new presses, a KBA and a Comco, and initiated extensive employment training at Smyth-Bedford with the help of the grant from the Commonwealth of Virginia and Bedford County.
“This cutting-edge technology broadens our capabilities for printing thin film injection-mould labels, and includes a new adhesive coating system for speciality secondary manufacturing.”
The company received assistance from the Bedford County Economic Development Authority (EDA) under a defined performance agreement.
Smyth Printing, which was founded by Henry Martin Smyth in 1877, was originally established to help local businesses with their commercial printing needs.
Eventually, the company turned its focus to the production of labels for consumer product goods packaging.
Smyth Printing maintains roll-fed and sheet-fed production facilities and has operations in Arizona, Massachusetts, Minnesota, New Jersey, Virginia, and Wisconsin.