Navigation Links
YORK Label Announces Continued Investment in the Company

OMAHA, Neb., Aug. 24 /PRNewswire/ -- YORK Label is pleased to announce that its private equity sponsor, Diamond Castle Holdings and the Company's Management Team have successfully acquired $32M of YORK Label senior and subordinated debt and renegotiated favorable new terms and conditions with its banking partners. The transaction was completed August 12th.

As a result of this transaction, overall debt for YORK Label is significantly reduced and cash flow is further improved. The company will continue to invest in technology and manufacturing assets which bring exceptional value to its customers and drive profitable growth for YORK Label.

Some recent examples of new investment by YORK Label include:

  • Acquisition of 3 brand new "state of the art" label printing presses in its flagship York, PA facility.
  • Establishment of pharmaceutical label capacity in the U.S., complementing the existing capability in Canada.
  • Facility investments to drive additional efficiency in its Canadian business.
  • Increased R&D spending to accelerate innovation with particular focus on graphic effects, environmental sustainability and late stage differentiation.

YORK Label President and CEO John McKernan comments, "This equity infusion will allow us to continue investing in new technology, new capacity, new capabilities, productivity improvement and strategic acquisitions. As an organization we are committed to executing our strategy to deliver exceptional quality, service and value to our customers in a sustainable manner."

About YORK Label

Omaha, NE based YORK Label is a leading provider of high quality, innovative labeling and package decoration solutions to global consumer products, wine and spirits, pharmaceutical and, food and beverage companies. YORK Label has production facilities throughout North America and a joint venture in Chile. The company employs more than 700 dedicated associates. For more information please visit

About Diamond Castle Holdings, LLC

Diamond Castle Holdings, LLC is a private equity firm with over $1.85 billion of committed capital under management. Founded in 2004, Diamond Castle specializes in leveraged buyouts, growth capital and equity-like investments in both public and private companies. Diamond Castle targets investments in the following industry sectors: media and communications, energy and power, financial services, healthcare and diversified industries. Diamond Castle has 25 employees located in New York, New York. For more information please visit

Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Updated With Photos: NESTLE(R) TOLL HOUSE(R) Re-launches With New Batch Label
2. Update on Astellas Request for Rigorous Testing and Safety-Related Labeling for Anti-Rejection Medications
3. Astellas Seeks Rigorous Testing and Safety-Related Labeling for Anti-Rejection Medications
4. Completes Upgrades to Prime Labels Offering and Easy Ordering Page Design
5. FDA Approves NovoLog(R) Labeling Update
6. Upsher-Smith Laboratories, Inc. Updates with Folic Acid Content, Money-Saving Coupon, and Personalized Address Labels
7. Pre-cessation patch doubles quit success rate: Researchers call for labeling changes
8. Whole Foods Market(R) Partners With Non-GMO Project to Label Companys Private Label Food Products Using New Third-Party Standard
9. Analysis of drug-eluting stents data demonstrates safety, efficacy in on-and-off-label use
10. Asthma Drugs Get Precaution Labeling for Possible Psychiatric Side Effects
11. Statement by American Dietetic Association Supporting Scientifically Valid, Informative Restaurant Labeling as Part of Health Reform
Post Your Comments:
(Date:11/27/2015)... ... ... According to an article published November 6th by The Telegraph, ... British Columbia suggested that laws requiring bicyclists to wear helmets may not actually decrease ... reason for the controversial conclusion is that, while helmets have certainly prevented a great ...
(Date:11/27/2015)... ... 27, 2015 , ... "When I was traveling, I was ... N.J. "Many people catch diseases simply from sitting on such dirty toilet seats. ... from germs." , He developed the patent-pending QUDRATECS to eliminate the need to ...
(Date:11/27/2015)... , ... November 27, 2015 , ... ... of progress through sharing, the 2016 Building Better Radiology Marketing Programs ... will begin on Sunday, March 6, 2016, at Caesars Palace in Las Vegas ...
(Date:11/27/2015)... (PRWEB) , ... November 27, 2015 , ... CBD ... Accreditation of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic Medical Sonography ... CAAHEP accredited colleges, as only one of twelve colleges and universities in the state ...
(Date:11/26/2015)... , ... November 26, 2015 , ... ... abuse located in central Michigan, have come together on Thanksgiving Day to share ... video, available for viewing on the Serenity Point YouTube channel, patients displayed what ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... PUNE, India , November ... --> ... / personal emergency response system ... grow steadily for 5 years ... growing region expected to see ...
(Date:11/26/2015)... WILMINGTON, North Carolina , 26 november ... Laboratories, Inc. (AAIPharma/CML) kondigt de geplande investering ... de uitbreiding van de laboratoria en het ... . De uitbreiding zal resulteren in ... waarmee wordt voldaan aan de groeiende behoeften ...
(Date:11/26/2015)... Nederland, November 26, 2015 ... Een nieuwe aanpak combineert immunotherapie met Bremachlorin-photodynamische ... ) --> ...      (Photo: ) ... Universitair Medisch Centrum (LUMC) blijkt ...
Breaking Medicine Technology: