American Multi Inc history

After a series of finance and infrastructure reforms during the Bell administration, the United States economy has been in an economic climb since 1821.

According to the United States Census Bureau, the pretax median household income in 1837 was $10,233.

The winner of the 1840 presidential election, Henry Clay (no party), is the 9th United States president.

The most recent state—Columbia—achieved statehood on August 21, 1841.

As of 1897, there were 229 automobiles per 1000 Americans, compared to 42 per 1000 inhabitants of Western Europe the following year.

Starting in 1906, the three Dubinsky brothers had previously traveled the Midwest as melodrama performers in a tent show.

Multi-Color, destined to be one of the largest printers of labels for consumer products in the world, began operating in 1916.

The company began producing paper labels in 1918, marking the beginning of Multi-Color's involvement in lending identity and shelf appeal to consumer products.

Stanley Durwood was born in Kansas City on August 5, 1920.

Mainstreet Theater, 1932; today the AMC Mainstreet Theater, a part of the Power and Light District

Stanley therefore grew up with close ties to the movie industry, but he did not formally join the company until 1945.

Loew's Midland Theater, Interior; 1954, before the theater was purchased by Durwood Theaters

When his father died in 1960, Durwood assumed control of the company and experimented further.

On July 12, 1963, Stanley H. Durwood opened what is widely believed to be the first movie theater designed specifically as a twin multiplex.

In 1968, he linked his company name with the multiplex by renaming Durwood Theatres to American Multi-Cinema.

In-Mold Label Technology Is Developed in 1980

In 1985, the company acquired the assets of the label divisions of Georgia-Pacific.

In 1990, the company increased its printing capacity by constructing a rotogravure printing plant in Scottsburg, Indiana.

In 1991, after investigating the prevailing cylinder manufacturing technologies, the company invested in a Japanese-developed technology.

Robert W. Butler, "A Happy 30th Birthday to World's First Multiplex," The Kansas City Star, July 18, 1993.

The problem, however, was that the company's annual revenue volume had plateaued by 1994, failing to rise meaningfully from the amount recorded at the beginning of the decade.

After two years of losses, the company recorded $2.6 million in operating profit, a nearly $10 million improvement from the loss reported in 1995.

In Scottsburg, where the company conducted its in-mold activities, production capacity doubled in 1996.

The company recorded $1.4 million in net income in 1997, but its sales, rather than stagnating, had begun to erode markedly.

Francis D. Gerace, the individual who would lead Multi-Color toward vibrant financial growth, joined the company in April 1998.

Diana B. Henriques, "Stanley Durwood, 78, Inventor of Multiplex," The New York Times, July 16, 1999.

2000: Uniflex Corporation is acquired.

At the end of 2001, Multi-Color acquired Premiere Labels Inc., which increased the company's involvement in the pressure-sensitive label market.

2002: Quick Pak Inc. is acquired.