X-Rite to Acquire Assets of Rutherford Graphic Products (RGP)
X-Rite Incorporated, a preeminent entity in color science and technology, has revealed plans to broaden its reach through the acquisition of select assets from Rutherford Graphic Products, known for its innovative closed-loop press automation solutions tailored for packaging converters. This significant step highlights X-Rite's ongoing commitment to providing cutting-edge technology that meets the evolving demands of the printing and packaging industries.
A Partnership Evolved
Already existing as partners, X-Rite and Rutherford Graphic Products have collaborated for years to deliver sophisticated scanning automation technologies that allow converters to modernize their printing operations affordably. These advancements aim to reduce paper waste, automate color control tasks, and curtail press downtime. With this acquisition, X-Rite formalizes the partnership, reinforcing its resolve to offer a comprehensive suite of integrated press automation solutions.
Meeting Industry Demands
The contemporary market environment is challenging for packaging converters. As the growth of eCommerce accelerates, coupled with evolving brand expectations, there's an increasing necessity for shorter and more frequent production runs. This acquisition arrives as converters face mounting pressure to enhance speed-to-market while optimizing their operations. Integrating Rutherford's closed-loop automation technology with X-Rite's existing scanning solutions is set to enable conversions in several key areas:
- - Increased Job Turnover: Automated color control will accelerate job completion times and reduce the need for manual input.
- - Operational Cost Reductions: By prolonging the lifespan of existing presses and minimizing waste, converters can significantly lower operational expenses.
- - Streamlined Workflows: A cohesive team and seamless integration of technology will enhance operational efficiency across the board.
Jeff McKee, President of X-Rite, stated, "Bringing Rutherford’s technology into the X-Rite family enables us to provide a more intelligent, interconnected press automation solution that directly caters to the evolving requirements of packaging converters. This acquisition empowers us to enhance customer service through greater efficiency, reliability, and innovation, helping to maintain their competitiveness in a rapidly changing market."
Future Prospects for Press Automation
The acquisition aligns with X-Rite's vision to deliver a fully integrated press automation system that meets the challenges posed by diminishing production cycles and an aging workforce. As eCommerce demands escalate, investing in automated workflows has transitioned from being an optional strategy to a fundamental requirement for success in the industry.
Jay Rutherford, owner of Rutherford Graphic Products, expressed enthusiasm about joining forces with X-Rite, noting, "We are thrilled to officially integrate with X-Rite and build upon the solid groundwork we’ve established together. Our aligned focus on innovation and customer success is set to drive the next generation of press automation solutions."
About X-Rite
X-Rite Incorporated operates under the Veralto brand and is recognized globally for its expertise in color science and technology. Alongside its subsidiary, Pantone, X-Rite develops, manufactures, and markets pioneering solutions for color measurement and management across various sectors, including printing, packaging, photography, automotive, and textiles. To explore more about X-Rite and its offerings, visit
www.xrite.com.
About Rutherford Graphic Products
Established as a leader in the domain of closed-loop press automation, Rutherford Graphic Products specializes in enabling packaging converters to maintain consistent color standards and optimize press performance. Their technology provides an affordable means to upgrade existing machinery, resulting in reduced operational waste and improved efficiency. This acquisition of key assets promises to enhance the capabilities of both organizations, further supporting the industry's push for innovative packaging solutions.
In conclusion, the acquisition of Rutherford Graphic Products by X-Rite serves as a pivotal milestone in the evolution of print automation, signifying a concerted effort to embrace technological advancements while meeting the current and future demands of the packaging industry.