In a recent agreement, NBG Printographic Machinery Company and Webtech Engineering have formed a Joint Venture to jointly manufacture and promote Flexo Label presses.
According to the agreement, Webtech Engineering will manufacture top loading flexo presses and NBG Printographic Machinery will handle marketing and sales activities and continue to make its servo presses. Both companies would be launching more machinery together in the future.
Dr. SK Garg, NBG and Sabhajeet Singh, Webtech believe the JV to add value to their products and service and they will also be investing in R&D for advance machines.
NBG Printographic is a manufacturer and supplier of printing and packaging solutions. Webtech Engineering deals in the machine manufacturing in the label, packaging, security, stationery printing and converting segments.