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MCC Label history
MCC Label company history timeline
But as the favour of wine increased, the fruit trees were felled and on a warm summer day in 1973, the last commercial orchard on the property of E & N Brand & Sons was demolished.
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.
In 1994, the company failed to earn any income, recording a numbing $4.3 million loss.
By the time Multi-Color reported its depressed financial totals for 1994, it already had begun to take action.
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.
The company recorded $1.4 million in net income in 1997, but its sales, rather than stagnating, had begun to erode markedly.
He was appointed president and chief executive officer roughly one year later, in May 1999.
Annual sales slipped past $70 million by the end of the company's fiscal 2002 year, providing encouragement that Gerace's diversification program was delivering the desired results.
2002: Quick Pak Inc. is acquired.
In July 2021, the signing of a definitive agreement to sell Multi-Color Corporation (MCC), a global leader in label solutions, to affiliates of Clayton, Dubilier & Rice (“CD&R”) was announced.
Spring 2021, Verstraete IML’s new name is MCC Verstraete.
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MCC Label competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Woot | 2004 | $164.0M | 140 | - |
| Mill Steel | 1958 | $1.0M | 50 | - |
| Kayser-Roth | 1958 | $820.0M | 7,500 | 2 |
| The Label Company | 1999 | $1.8M | 25 | - |
| Boutwell Owens | 1887 | $45.7M | 100 | - |
| MSI Office Furniture | 1991 | $140,000 | 50 | - |
| Southern Imperial | 1956 | $92.7M | 200 | - |
| Foliot Furniture | 1991 | $81.2M | 750 | - |
| Master Brands | 1992 | $690,000 | 50 | - |
| Bag Makers | 1980 | $44.0M | 130 | - |
MCC Label history FAQs
Zippia gives an in-depth look into the details of MCC Label, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MCC Label. The employee data is based on information from people who have self-reported their past or current employments at MCC Label. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MCC Label. The data presented on this page does not represent the view of MCC Label and its employees or that of Zippia.
MCC Label may also be known as or be related to CCL Industries Inc., MCC Label, MULTI COLOR CORP, Multi-Color, Multi-Color Corp. and Multi-Color Corporation.