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Baldwin Expands Blending and Packaging Facility


  • Press Release
  • Source: Baldwin Technology Company, Inc.
  • On 10:05 am EDT, Thursday September 10, 2009

SHELTON, Conn.--(BUSINESS WIRE)--Baldwin Technology Company, Inc. (NYSE Amex: BLD), a leader in process automation technology for the global printing industry, has announced that it has expanded its Oxy-Dry Food Blends manufacturing facility in Addison, Illinois.

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Production volume at Baldwin subsidiary Oxy-Dry Food Blends, Inc. has increased by close to 400% since moving into the Addison manufacturing location in 2000. During that period, the Company’s capabilities expanded from bulk blending to also include packing dry ingredients in composite cans, form-and-seal pouches and retail cartons.

Martin Haver, President of Oxy-Dry Food Blends said, “The growth in production volume has created a need for additional space. Doubling our space within the same building will provide increased warehouse capacity for material handling and the footprint required to add additional automated production equipment to support our anticipated continued growth.”

Baldwin CEO Karl S. Puehringer said, “For many years, Oxy-Dry manufactured a food-grade starch-based powder for the graphic arts and packaging markets. Baldwin is now able to capitalize on the growing market for contract packaging in North America as food manufacturing companies seek to outsource blending and packaging to manufacturers like Oxy-Dry Food Blends. Our established track record with customers in combination with our blending and packaging capabilities represent great future growth opportunities for our food blends business.”

About Baldwin

Baldwin Technology Company, Inc. is a leading international supplier of process automation equipment for the printing and publishing industries. Baldwin offers its customers a broad range of market-leading technologies, products and systems that enhance the quality of printed products and improve the economic and environmental efficiency of printing presses. Headquartered in Shelton, Connecticut, the Company has operations strategically located in the major print markets and distributes its products via a global sales and service infrastructure. Baldwin’s technology and products include cleaning systems, fluid management and ink control systems, web press protection systems and drying systems and the related consumables. For more information, visit http://www.baldwintech.com

Information for investors, including an investment profile about Baldwin is available at www.hawkassociates.com/profile/bld.cfm. Investors may contact Julie Marshall or Frank Hawkins, Hawk Associates, at (305) 451-1888, e-mail: baldwin@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors is available at http://www.hawkassociates.com.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the Company’s control, which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the Company’s periodic filings with the Securities and Exchange Commission.

Contact:

For Baldwin Technology Company, Inc.
Hawk Associates
Julie Marshall or Frank Hawkins, 305-451-1888
e-mail: baldwin@hawkassociates.com

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