In-Plant Capitalization
Addressing yet another item in the news recently, tax cuts and their impetus for prompting capital equipment expenditures, the flexographers polled rendered a split decision.
Tax Cut = Spending
Split Decision
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Thirty percent noted that tax savings were directed to major purchases, but 70 percent said they were not prompted to act.
Old vs. New
Age of Presses in Service
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To some, these moves likely hold merit, given survey findings relative to aging equipment. Sixty-four percent of those polled pinpointed the age of their plant’s oldest press at greater than 10 years. Correspondingly, 22 percent pegged it at less than 10 years old and 6 percent said it was less than 5 years old. Conversely, 29 percent boasted of having a brand new press, 29 percent noted their new machine was less than 2 years old and 31 percent said the most modern press was less than 5 years old.
Newest Press
Process Performed
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Ninety-one percent of recently acquired presses are flexo, 6 percent digital and 3 percent represent hybrid derivatives, linking flexo with digital, screen, gravure or offset processes, according to compilation of Flash Poll data.
Preferred Purchases
What They’re Buying
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Presses continue to rank first on flexographers’ wish lists when it comes to capital equipment expenditures, FLEXO’s survey determined. Thirty-four percent want to buy, or recently purchased, an inline flexo press. Twenty-six percent are looking into finishing equipment and 23 percent are studying acquisition of a hybrid—flexo and digital—press. Further findings revealed 21 percent preferred to bring a new digital press offering into the plant, while 14 percent of poll participants desired prepress automated workflow systems, that are of course linked to press and plant productivity.