The Canadian converter has become a shrink sleeve specialist while continuing to provide “complete label solutions.”
more and more pressure sensitive label customers. “The self-adhesive side of the business was taking off,” Éthier says. “So throughout the 90s, we acquired many flexo presses – 7″, 10″, 13″ and 16″ wide machines, varying from three to seven colors. We were producing self-adhesive labels, cartons and synthetic tags, some blanks, but also products with many colors, as well as prime labels.” In 2000, IMS revenue was around $12 million, but since the thermal transfer label market was getting mature and more competitive, in 2005 the company decided to acquire a competitor based in Montréal, Source ID, a printer that specialized in apparel tags.