Maxcess acquires International Cutting Die
The acquisition is expected to expand Maxcess’ presence in the nonwoven industry and strengthens its global tooling leadership.
Maxcess International has acquired International Cutting Die Inc (ICD), a manufacturer of precision cutting solid dies and supporting tools based in Melrose Park, Illinois. This strategic acquisition is expected to enhance Maxcess' capabilities and strengthen its presence in the nonwoven industry.
ICD has over 50 years of experience in producing cutting dies used in various industries, including nonwoven materials, packaging and more. The company has developed several exclusive technologies that can be utilized across Maxcess‘ platforms to improve customers‘ efficiencies and increase productivity.
‘This acquisition marks an exciting new chapter for Maxcess International,’ said Odd Joergenrud, CEO of Maxcess. ‘By integrating ICD's cutting-edge innovations, including Tungsten Carbide and Powdered Metal solid die manufacturing, die station manufacturing and exclusive elastic entrapment technology with our existing RotoMetrics brand global leadership position in narrow web die cutting, nobody can offer as comprehensive or complete a portfolio of solutions for both wide web and narrow web applications.
‘Basically, our customers can cut and convert any material. As a result, we are well-positioned to deliver even greater value to our customers in the nonwoven sector, tag, label and beyond. This acquisition aligns with our strategy to expand our product offerings and deepen our relationships within nonwoven and other critical and emerging industries.’
According to Maxcess, the nonwoven industry has experienced significant growth due to increasing demand for new products in medical, personal hygiene, automotive and consumer goods. By acquiring ICD, Maxcess expects to meet this demand with enhanced product offerings and increased manufacturing capabilities.
‘We are thrilled to join forces with Maxcess International,’ said Kevin McEnery, general manager of International Cutting Die. ‘This partnership allows us to leverage Maxcess' global resources and extensive distribution network, enabling us to reach new markets and deliver superior solutions to our existing and new customers. ICD can also engage with Maxcess R&D resources to leverage software development, automation, guiding and vision solutions to enhance our products with Industry 4.0 technologies and create smarter cutting solutions. We look forward to contributing to Maxcess' continued success and innovation.’
The acquisition of ICD will provide Maxcess with expanded manufacturing facilities and a skilled workforce in the nonwoven market, further enhancing the company's ability to deliver customized solutions and exceptional service and support to its clients.
Additionally, Maxcess global footprint offers several opportunities to expand the ICD product offering globally in solid dies and die stations.
Stay up to date
Subscribe to the free Label News newsletter and receive the latest content every week. We'll never share your email address.