AldusTronics expands to foil labels with the purchase of Milford-Astor group
CEO Terry Newman of the Milford Astor Group has recently announced the sale of his company to Aldus Tronics on March 1, 2019. Aldus-Tronics has historically focused on paper and plastic labeling, so this acquisition will be the company's first expansion into foil labeling. Milford Astor group will dissolve into Aldus-Tronics, but the management, employee structure, and locations will remain the same.
New Activity|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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