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Maverick Expands Ukiah Operations

Added Tuesday Oct 19, 2010 at 8:52 pm Under News - Permanent Link

Maverick Enterprises announces today that it has completed the acquisition of all the capsule producing equipment previously owned and utilized by All Industry Packaging Solutions Pty Limited, a leading producer of high quality PVC, Polylaminate and Champagne capsules for the Australian wine market. The equipment acquired provides in excess of 300 million capsules of additional printing and capsule forming capacity and will enable Maverick to readily support the growth plans of its existing customer base, as well as increasing market demand from both wine and non-wine markets within North America. Maverick has already begun shipping the equipment back to the states and plans to have a substantial portion installed and production ready before the end of the year.

According to Jon Henderson (EVP of Business Development), “The wine industry is experiencing some incredible growth in 2010 and wine packaging suppliers have to grow, as well. It’s imperative that we stay well ahead of our customers’ needs by increasing our flexibility and versatility; and by continuing to provide our customers with high quality products and industry-leading customer support. The additional equipment will enable us to achieve this. It will also result in Maverick having the lowest lead times in the industry and doesn’t require our customers to take undue inventory risks. All of us at Maverick are extremely excited about this growth opportunity.”