INDEX: FrogTape Merchandising Displays

INDEX:
FrogTape Merchandising Displays

FrogTape Merchandising Displays

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This FrogTape Merchandising Displays index page aggregates links
to all posts and photos of retail merchandising, display, and outfitting
as well as deep Background courtesy of Wikipedia.

BACKSTORY: Shurtape Technologies, LLC is an American manufacturing company that produces adhesive tape as well as consumer goods and office supplies.^[8]Founded in 1996, Shurtape had its origins as the tape division of Shuford Mills, a textile manufacturing company; Shurtape was spun off from the textile division after it began to outpace it in revenue. Today, both Shurtape and the remaining textile business are subsidiaries of STM Industries. The company is owned and operated by the Shuford family, with brothers Jim and Stephen serving as CEOand Executive Vice President, respectively.

Shurtape operates 13 manufacturing facilities worldwide and employs around 1,500 people. Its corporate headquarters is based in Hickory, North Carolina, and its subsidiaries ShurTech Brands and the Engineered Solutions Group are headquartered in Avon, Ohio and New Hartford, Connecticut, respectively.

Shurtape originated from Shuford Mills, a textile company that was founded in Granite Falls, North Carolinain 1880 by Abel Alexander Shuford.^[9]^{[unreliable source?]} In 1955, Shuford Mills launched a tape division focusing on masking tape. Originally only a small section in the main Shuford Mills factory in Hickory, North Carolina, the tape division grew to have a factory of its own. The tape division later went on to expand to additional types of tape and an additional factory. In 1996, Shuford Mills decided to split off its tape division into a separate company, Shurtape Technologies, LLC.^[10] Both Shurtape and the remaining textile business were then placed under a holding company, STM Industries; by this point, the tape business was making nearly twice as much as the textile business.^[9]^{[unreliable source?]}

The company opened a plant in nearby Hudson, North Carolina in 1997, and in 1999 they announced a plan to expand their Hickory plant by 40,000 square feet (3,700 m²).^[11] This was completed in 2000 along with a converting facility^{[clarification needed]}in Singapore. A new distribution center in Catawba, North Carolina was opened in 2004.^[6] The company also purchased overseas facilities in the late 1990s in countries like China and Mexico.^[9]^{[unreliable source?]} Shurtape purchased Permacel‘s arts and entertainment division in 2004.^[6]^[12]

Shurtape saw a decline in sales during the Great Recession; the company experienced a 20% decline in sales which resulted in a brief layoff pattern. After Henkel put Manco Inc., Shurtape’s largest customer, up for sale in 2009, Shurtape decided to buy the company to retain the estimated $75 million in business.^[9]^{[unreliable source?]} This deal included the Duck Tape, Painter’s Mate, and Easy Liner brands along with a manufacturing plant in Avon, Ohio.^[13] These brands were consolidated into a new subsidiary, ShurTech Brands, LLC,^[6] and the plant has since been remodeled into the headquarters for ShurTech.^[9] Shurtape also purchased the FrogTape brand in 2010.^[6] The company’s total revenue doubled from $275 million in 2008 to $650 million in 2017.^[9]^{[unreliable source?]} Shurtape acquired Syntac Coated Products, LLC in 2017^[14] and also invested in and partnered with InRoad, a toy company that produces adhesive road-styled tape for children.^[15] In December 2018, Shurtape announced plans to build a new distribution and manufacturing center in Catawba.^[16] Shurtape plans to invest $31 million into the project.^[8] The company remains a major economic player in the Hickory metro area, which has lost a fifth of its manufacturing jobs since 2007,^[9]^{[unreliable source?]} and ranks as the sixth-largest manufacturer in the city of Hickory.^[17] (SOURCE: Wikipedia)