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Web Printing Controls Co., Inc. history
Web Printing Controls Co., Inc. company history timeline
Sales of $1 Million in 1950
In 1971 Baldwin added a signature handling and stacking product line when it acquired Graphic Engineers.
In 1976 the Automatic Blanket Cleaner was introduced in Europe.
Baldwin incurred its first-ever loss in 1983, the result of losses at a computer software company, which was sold the next year, and a large investment in establishing a manufacturing plant in Ireland.
In late 1987 Baldwin acquired the Ultrasonic web break detection system from Beaudreau Electronic Inc, which detected web breaks.
Sales for 1988 were projected at $90 million.
In 1989 sales rose to $125.5 million, up 31.4 percent, and net income increased to $9.2 million, up 50.6 percent.
During 1989 the company applied for 44 patents.
The first digital print was released on watercolor paper in 1989 when a pre-press printer, the Iris 3047, was modified for ink-jet printing an art reproduction for the very first time, thanks to the interest and backing of Graham Nash, co-founder of the Crosby, Stills, Nash and Young music group.
In 1991 Baldwin achieved its eighth straight year of record sales through recent acquisitions.
Both units lost $1.8 million in 1992.
In 1993 the world͛s first digital color printing press was launched called Indigo.
In 1995 net income rose 37 percent to $5.7 million on record sales of $222.3 million.
In 1996 net income was $2.4 million on sales of $259.3 million.
In April 1997 Wendell Smith resigned as chairman of the board.
For 1997 Baldwin reported a net loss of just under $38 million on sales of $244.1 million, which included a one-time charge of $42.4 million for the Misomex sale.
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Web Printing Controls Co., Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Inductoheat | 1962 | $20.0M | 93 | - |
| EMX Industries | 1987 | $26.0M | 20 | - |
| VC999 Packaging Systems | - | $20.0M | 375 | - |
| Surface Combustion | 1915 | $12.0M | 66 | 5 |
| Thermwood | 1969 | $22.4M | 100 | - |
| Rudolph Research Analytical | 1930 | $16.0M | 20 | - |
| Thermotron Ind | 1962 | $89.0M | 340 | - |
| Bartell Machinery Systems | 1940 | $33.3M | 140 | - |
| Weiler Labeling Systems | 1990 | $14.3M | 50 | - |
| Wittmann Battenfeld Inc | - | $1.4M | 50 | - |
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