Manufacturing Today Issue - 231 Dec 2024 | Page 81

_____________________________________________________________________________________________________________ Rohrer
moving forward . We ’ ve specifically focused on market penetration and operational excellence to accelerate both our sales and revenue generation footprints , as well as profitability . We ’ ve brought new talent into the business and expanded and realigned our operational functions with a view to improving internal efficiency and better leveraging existing assets .
Sustainable solutions
“ Wellspring continues to be supportive of our platform-build aspirations , and when they invested in the company in 2021 , they had a vision to drive an aggressive M & A strategy ,” Tim continues . “ However , we needed to review our operational framework and create a strong , stable foundation capable of supporting such accelerated growth and expansion . We ’ re now fully into our targeted M & A strategy , taking advantage of opportunities as the market presents them .
“ We ’ ve got a great geographic spread , but we do see opportunities to build our capabilities closer to the West Coast . We have a facility in Arizona , for instance , but we ’ re looking to scale our operations in the region through M & A activity . M & A is also a great vehicle for us to enter the pharmaceuticals market in the future , as there are specific requirements around materials and production conditions .”
Turning to products , Tim explains Rohrer maintains its industry-leading position through innovative product development and unparalleled quality . “ Our two core products are blister cards and clamshell packaging , but we ’ re increasingly expanding into folding cartons and individual cartons in the health and beauty market ,” he shares . “ As sustainability becomes increasingly important among end users , retailers , and investors , we ’ re innovating to provide packaging solutions that meet both marketing requirements and sustainability demands .
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