The Label Printers has won TLMI's prestigious Singer Award for Management Excellence - Medium Category - for the 5th time in a row, in their 5th year of eligibility.
April 7, 2014 (Newswire) - The Label Printers has once again won TLMI's (Tag and Label Manufacturers Institute, Inc.) Eugene Singer Award for Management Excellence. Bill Kane, The Label Printers Chief Executive said, "We don't run our business to win awards - but awards are a good outcome of a business well run. The Eugene Singer Award is always an honor - and a testament to our employees' efforts. We manage our inventory, we invest in technology, and we do all of the little things - and it all adds up."
Lori Campbell, Chief of Operations, said in an email to notify all of the company's employees about this 5th consecutive Singer Award on the night she accepted it, "…At The Label Printers I believe we have ingrained in our DNA a sense of never being satisfied, never content to rest on our laurels. It is one of the attributes that makes me most proud to work here…That doesn't mean we can't celebrate. We should (and will!) celebrate our achievements, accolades, and awards and bask in the momentary glory….just as long as we keep asking "ok, what's next?...Congratulations to us all and now let's get back to earning next year's award!!"
TLMI calls "the prestigious Eugene Singer Award for Management Excellence…one of the Tag and Label Manufacturers Institute's highest honors…this award recognizes excellence in business management, measured and defined by an established set of ratios through the participation in the TLMI Management Ratio Study. The Singer Award is given annually to four narrow web converting companies; each company within a certain sales range category [which are]: Small company - annual sales of less than $6 million, Mid-range company - annual sales of $6 to $14 million, Medium company - annual sales of $15 to $35 million, and Large company - annual sales greater than $35 million." The Label Printers won in the Medium category.
The Singer Award is a coveted honor both because it validates the performance of strong companies, but also because the companies submitting applications for it represent nearly 40% of the North American label market, and include the biggest competitors in the business.
Campbell says, "Winning an award is great…I'm thrilled for our organization, no doubt about it! But there is also real value in the TLMI Management Ratio Study, which is a powerful TLMI member benefit. The Singer Award is statistically based, providing us with useful, robust management information. It's one of the best, if not the best, benchmarking tool available to companies in our industry. I'm always eager to see the report, because I want to know if we made improvements in the areas we identified last year or where our numbers might have slipped. The award is the icing on the cake and the experience of letting the employees receive the outside validation of their work."
The company has now won the award for the fifth time in a row, in their fifth year of eligibility.
The Label Printers is a leading custom label and packaging manufacturer, serving a widely diverse customer base around the globe - ranging from Fortune 100 to start-up businesses. The company serves industries as varied as wine, pharmaceutical, and electrical. The Label Printers takes special pride in their quality, which is backed up by their ISO 9001 Registration (with an acceptance rating which has stayed at a consistent and nearly perfect 99.6% since 1989).
About THE LABEL PRINTERS:
The Label Printers, Aurora, IL, started in business in 1967, manufacturing simple label constructions in a 1,000 square foot space, with 1 employee, serving the local Chicago market.
Today, the company has evolved into one of the 100 largest converters in the United States. The Label Printers owns and operates two facilities in Aurora, Illinois, manufacturing and distributing labels and packaging products to thousands of customers in 25 countries around the world. The company's quality systems are registered to ISO 9001 and are backed up by their 99.6% Quality Acceptance Rating.
The Label Printers is a member of NASPO (North American Security Products Organization), CACP (Coalition Against Counterfeiting and Piracy), TLMI (Tag and Label Manufacturers Institute) and the FTA (Flexographic Technical Association).
About the Tag and Label Manufacturers Institute, Inc.:
TLMI, located in Gloucester, Massachusetts, is a member-driven association strongly committed to providing business solutions that enhance the prosperity of its members and the narrow web tag, label, and packaging industries. The organization's vision is to be the premier member-driven association for the label and packaging industry.
In addition to the L.I.F.E. program, TLMI offers their members a wide range of reports that focus on key industry indices, real-time economic analysis, and benchmarking metrics - these include a Financial Benchmarking/Ratio Analysis, Compensation Analysis, and Quarterly Trends.
TLMI has grown from an original group of 19 founding members to hundreds of supplier and converter members. The organization celebrated their Diamond Anniversary in 2008.