Headquarters Production bases Cutting, sales, and logistics bases In April 2021, we acquired DURAMARK PRODUCTS, INC., a U.S. manufacturer of adhesive products. Our aim was to increase production capacity at MACTAC AMERICAS, LLC, to meet growing demand in the label-related market, stemming from economic growth in the U.S. In another proactive investment in the North American market, in February 2022 we also took over the business of a manufacturer in the same industry. From this busi-ness, we established SPINNAKER PRESSURE SENSITIVE PRODUCTS LLC, which we added to the MACTAC Group. These moves have significantly increased the Group’s share of the North American market, and we look for-ward to boosting our share even further.In addition to state-of-the-art production facilities for various adhesive formulations and high-speed coating, centered on film-type adhesive products for labels, this company has an integrated production system for graphic film. By acquiring this company, we have significantly increased the MACTAC Group’s production capacity and established an optimal manufacturing structure by consolidating and streamlining production.This company, which handles high-mix, low-volume production, manufactures and sells various adhesive products for labels. SPINNAKER’s strength lies in its ability to provide detailed services and a wide range of products, especially to small and medium-sized customers; its service model differs from that of MACTAC, which mass-produces general-purpose adhesive products for labels. The addition of SPINNAKER thus enhances the Group’s ability to meet market needs.CanadaUnited StatesMexicoKazuyoshi NodePresident LINTEC USA HOLDING, INC.Expanding the Business Base through a Series of AcquisitionsFormer DURAMARK PRODUCTS, INC. (Merged into a Subsidiary of MACTAC AMERICAS, LLC, in December 2021)SPINNAKER PRESSURE SENSITIVE PRODUCTS LLCWe spoke with the head of LINTEC USA HOLDING, INC., the regional headquarters for the U.S., about prospects for the label-related business in North America.The U.S. economy, like Japan’s, was temporarily sluggish due to restrictions on movement right after the COVID-19 pandemic started. However, since last year the economy has been on a recovery path, and demand in the label-related market has also been progressing steadily. In the North American market, I believe the addition of the former DURAMARK PRODUCTS, INC., and SPINNAKER PRESSURE SENSITIVE PRODUCTS LLC to the Group was extremely meaningful in terms of future business expansion. The former DURAMARK PRODUCTS has state-of-the-art production facilities, and SPINNAKER has strengths in a different business model from MACTAC AMERICAS, LLC. MACTAC has been operating at an operational profit loss since its acquisition in 2016, due to the goodwill amortization burden associated with the acquisition through fiscal 2026, but the business is essentially stable and profitable. Although the business environment is currently challenging as a result of soaring raw material and fuel prices, the addition of these two companies to the Group is sure to create strong and positive effects. We aim to increase profitability by improving productivity and optimizing operations. As a result, we anticipate a quick return to operating profitability even including goodwill amortization.MACTAC Group Spanning the Entire North American Market25INTERVIEW
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