Watershed Group Continues to Pioneer Innovation in Label Production
Monday, July 29, 2019
Press release from the issuing company
The modern Performance Series press joins three legacy Mark Andy presses
St. Louis, Mo. – It is hard to find a better example of strategic planning that yields sustained growth and profitability than the Watershed Group, Ireland’s largest privately-owned international labelling and packaging company. Watershed has just completed a €3m spend that included a move to new headquarters in Dublin and the addition of another Mark Andy P5E Performance Series flexo press.
The factory move, which was carefully planned and handled by a team of technicians from Mark Andy UK to ensure no loss of production, offers Watershed twice as much space as before, and is seen as key part of the Group’s €30m revenue target over the next two years. Staff numbers have continued to grow in an operation that is renowned for its high efficiency.
With 11 Mark Andy presses distributed across the Group’s production sites in Ireland, Germany and Poland, the commitment to the American company’s technology has been fundamental to Watershed’s continuing double-digit growth. “We decided that building close strategic partnerships is a key element of our growth strategy and aligning our business with Mark Andy continues to be the right decision. As with all partnerships, it’s not been without issue, but both sides have benefitted from their commitment to work at a problem and develop the solution” explains Watershed’s entrepreneurial CEO Liz Waters. “We were the first label company to operate Mark Andy presses in Poland, Germany and Ireland and we envisage that the relationship will continue to grow,” she added. read the rest here