Label Company Now 100% Employee-Owned
Macaran Printed Products a division of Van Alstine and Sons, Inc. announced that the company has become a 100 percent employee-owned entity. Macaran, one of North America’s highest definition pressure-sensitive label converters, was founded more than 44 years ago and as an employee-owned company will continue to operate under the same business model and management structure.
Van Alstine and Sons is a packaging solutions company in the packaging space since 1950. Company president and corporate principal, Gary Riley, says, “We believe an ESOP is the best way to reward our family of employees and ensure a bright and vibrant future for both companies.”
According to CEO Nick Van Alstine, all full-time employees are now company owners, participating as shareholders. Macaran’s innovative label and packaging solutions, advanced flexographic and digital printing technology and unparalleled customer service have generated long-term growth for the business and rare levels of employee loyalty. Of the approximately 55 employees that work for Macara, CEO Nick Van Alstine says about 85 percent have worked there for more than 10 years.