“This sale is a result of a working relationship between two customer-focused, custom label companies that mutually determined the combined complementary capabilities would be a strong additive offering for GSI and Cypress customers,” said Dave Austin, GSI Technologies’ president and COO. “The goal of the combined businesses is to continue to deliver innovative solutions and superior quality labels backed by best-in-class customer service. Our complementary manufacturing operations will drive opportunities to provide customers with additional value and services.”
GSI’s label division will be transitioning to Cypress over the coming weeks. The Functional Printing business unit including all printed electronics manufacturing will remain with GSI Technologies in Burr Ridge, IL.
Cypress Multigraphics is a full service, innovative label company that specializes in flexographic, screen and digital label manufacturing for a variety of market segments with locations in Tinley Park, IL and Brooklyn Center, MN.