{"id":786,"date":"2024-07-11T12:01:02","date_gmt":"2024-07-11T16:01:02","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=786"},"modified":"2024-07-11T12:01:02","modified_gmt":"2024-07-11T16:01:02","slug":"awt-labels-packaging-acquires-american-label-technologies","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=786","title":{"rendered":"AWT Labels &amp; Packaging Acquires American Label Technologies"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p><a href=\"https:\/\/awtlabelpack.com\/\" id=\"\" rel=\"noopener noreferrer\" target=\"_blank\">AWT Labels &amp; Packaging Inc. (AWT)<\/a>, an industry leading provider of custom labels, flexible packaging, and precision converting solutions for healthcare, consumer brands, and technology companies, has announced the acquisition of <a href=\"https:\/\/www.americanlabeltech.com\/\" id=\"\" rel=\"noopener noreferrer\" target=\"_blank\">American Label Technologies (ALT)<\/a>.<\/p>\n<p>ALT is a provider of innovative RFID and label solutions for <a href=\"https:\/\/www.packagingstrategies.com\/topics\/2998-pharma-medical-packaging\" id=\"\" rel=\"noopener noreferrer\" target=\"_blank\">healthcare<\/a>, retail, warehousing, and automotive markets across North America. Headquartered in Garner, North Carolina, ALT offers a wide suite of RFID and NFC printing technologies. The business will continue to operate as American Label Technologies, an AWT Company.<\/p>\n<p>\u201cRFID is definitely a strategic product we\u2019ve wanted to add to our portfolio to continue to bring value-added solutions to our customers,\u201d said Bruce Hanson, CEO of AWT. \u201cThe ALT team not only brings depth in RFID manufacturing expertise, but also has incredible technical knowledge in solving complex customer applications. This combined skill set matches well with our business philosophy, and further adds strength to our enterprise engineering team. \u00a0Truly excited for this addition to our team.\u201d<\/p>\n<p>AWT\u2019s acquisition of ALT complements AWT\u2019s key end markets with expanded geographic footprint, printing and RFID capabilities, and an enhanced portfolio of print solutions. ALT\u2019s technical solutions reputation around RFID further builds on AWT\u2019s value proposition for existing and new customers.<\/p>\n<p>\u201cWe look forward to helping grow the AWT marketplace with the addition of ALT RFID knowledge and capabilities,\u201d said Darrin Schmitt, President of ALT. \u201cWe saw this as a great opportunity to grow two great companies into different markets and make both stronger in markets where they already excel. We\u2019re excited about the opportunity to help ALT grow faster in today\u2019s expanding RFID market. Our team recognizes and embraces the synergies that exist between AWT and ALT. We believe the values, business philosophy and customer focus that we both share were key to making this happen. We truly believe this to be a win-win outcome for both our companies.\u201d<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.packagingstrategies.com\/articles\/104832-awt-labels-and-packaging-acquires-american-label-technologies\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AWT Labels &amp; Packaging Inc. (AWT), an industry leading provider of custom labels, flexible packaging, and precision converting solutions for healthcare, consumer brands, and technology companies, has announced the acquisition of American Label Technologies (ALT). ALT is a provider of innovative RFID and label solutions for healthcare, retail, warehousing, and automotive markets across North America. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[490,354,492,400,491],"class_list":["post-786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news","tag-acquisitions","tag-labels","tag-nfc-technology","tag-printing","tag-rfid"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=786"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/787"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}