Shurtape Technologies: Difference between revisions
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{{Short description|American manufacturing company}} |
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{{advert|date=May 2019}} |
{{advert|date=May 2019}} |
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| founders = Shuford family |
| founders = Shuford family |
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| owners = Shuford family |
| owners = Shuford family |
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| hq_location = [[Hickory, North Carolina|Hickory]], [[North Carolina]], |
| hq_location = [[Hickory, North Carolina|Hickory]], [[North Carolina]], U.S.<ref name="Locations" /> |
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| key_people = {{unbulleted list|Jim Shuford {{small|([[Chief executive officer|CEO]]/[[President (corporate title)|President]])}}<ref name="Shurtape Technologies, LLC: CEO and Executives">{{cite web |title=Shurtape Technologies, LLC: CEO and Executives |url=https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=4249421 |publisher=[[Bloomberg L.P.|Bloomberg]] |accessdate=January 18, 2019}}</ref>|Wayne Helton {{small|(Senior [[Vice President]] of manufacturing)}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />|Stephen Shuford {{small|(Executive Vice President)}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />|A. P. Shuford {{small|([[Chairman]] of the [[board of directors]]}}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />}} |
| key_people = {{unbulleted list|Jim Shuford {{small|([[Chief executive officer|CEO]]/[[President (corporate title)|President]])}}<ref name="Shurtape Technologies, LLC: CEO and Executives">{{cite web |title=Shurtape Technologies, LLC: CEO and Executives |url=https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=4249421 |publisher=[[Bloomberg L.P.|Bloomberg]] |accessdate=January 18, 2019}}</ref>|Wayne Helton {{small|(Senior [[Vice President]] of manufacturing)}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />|Stephen Shuford {{small|(Executive Vice President)}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />|A. P. Shuford {{small|([[Chairman]] of the [[board of directors]]}}}<ref name="Shurtape Technologies, LLC: CEO and Executives" />}} |
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| revenue = $650 million <small>(2017)</small><ref name="Single Loop of Duct Tape Lifts 700 Pounds">{{cite web |last1=Matney |first1=David |title=Single Loop of Duct Tape Lifts 700 Pounds |url=https://news.thomasnet.com/featured/single-loop-of-duct-tape-lifts-700-pounds/ |publisher=[[Thomas Register|ThomasNet]] |accessdate=January 22, 2019 |date=October 19, 2018 |archive-url=https://web.archive.org/web/20181019102254/https://news.thomasnet.com/featured/single-loop-of-duct-tape-lifts-700-pounds/ |archive-date=October 19, 2018 |url-status=live |df=mdy-all }}</ref> |
| revenue = $650 million <small>(2017)</small><ref name="Single Loop of Duct Tape Lifts 700 Pounds">{{cite web |last1=Matney |first1=David |title=Single Loop of Duct Tape Lifts 700 Pounds |url=https://news.thomasnet.com/featured/single-loop-of-duct-tape-lifts-700-pounds/ |publisher=[[Thomas Register|ThomasNet]] |accessdate=January 22, 2019 |date=October 19, 2018 |archive-url=https://web.archive.org/web/20181019102254/https://news.thomasnet.com/featured/single-loop-of-duct-tape-lifts-700-pounds/ |archive-date=October 19, 2018 |url-status=live |df=mdy-all }}</ref> |
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'''Shurtape Technologies, LLC''' is an |
'''Shurtape Technologies, LLC''' is an American manufacturing company that produces [[adhesive tape]] as well as consumer goods and [[office supplies]].<ref name="The Briefcase: 22nd Century expects to benefit from Farm Act passage" /> 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 [[chief executive officer|CEO]] and Executive Vice President, respectively. |
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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 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. |
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==History== |
==History== |
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[[File:Shurtape Hickory Headquarters.jpeg|thumb|left|upright=1.5|Shurtape's corporate headquarters in [[Hickory, North Carolina]]]] |
[[File:Shurtape Hickory Headquarters.jpeg|thumb|left|upright=1.5|Shurtape's corporate headquarters in [[Hickory, North Carolina]]]] |
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Shurtape originated from Shuford Mills, a textile company that was founded in [[Granite Falls, North Carolina]] in 1880 by Abel Alexander Shuford.<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} 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 |
Shurtape originated from Shuford Mills, a textile company that was founded in [[Granite Falls, North Carolina]] in [[1880]] by Abel Alexander Shuford.<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} 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.<ref name="About Us">{{cite web|title=About Us|url=https://shurtapetech.com/about/|publisher=Shurtape Technologies|accessdate=January 18, 2019|date=September 20, 2017|archive-url=https://web.archive.org/web/20190228065712/https://shurtapetech.com/about/|archive-date=February 28, 2019|url-status=live|df=mdy-all}}</ref> 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.<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} |
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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 {{convert|40,000|sqft|m2}}.<ref name="Shurtape planning $17M expansion in Hickory">{{cite web |last1=Elkins |first1=Ken |title=Shurtape planning $17M expansion in Hickory |url=https://www.bizjournals.com/charlotte/stories/1999/08/23/newscolumn2.html |publisher=[[American City Business Journals|Charlotte Business Journal]] |accessdate=January 18, 2019 |date=August 23, 1999 |archive-url=https://web.archive.org/web/20050806080137/http://www.bizjournals.com/charlotte/stories/1999/08/23/newscolumn2.html |archive-date=August 6, 2005 |url-status=live |df=mdy-all }}</ref> This was completed in 2000 along with a converting facility in [[Singapore]]. A new distribution center in [[Catawba, North Carolina]] was opened in 2004.<ref name="Company History" /> The company also purchased overseas facilities in the late 1990s in countries like [[China]] and [[Mexico]].<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} Shurtape purchased [[Permacel]]'s arts and entertainment division in 2004.<ref name="Company History" /><ref name="Dennis Mirabella, Pro Tapes">{{cite web |title=Dennis Mirabella, Pro Tapes |url=http://plsn.com/articles/vital-stats/dennis-mirabella-pro-tapes/ |publisher=Projection Lights and Staging News |accessdate=18 January 2019 |date=October 8, 2007}}</ref> |
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 {{convert|40,000|sqft|m2}}.<ref name="Shurtape planning $17M expansion in Hickory">{{cite web |last1=Elkins |first1=Ken |title=Shurtape planning $17M expansion in Hickory |url=https://www.bizjournals.com/charlotte/stories/1999/08/23/newscolumn2.html |publisher=[[American City Business Journals|Charlotte Business Journal]] |accessdate=January 18, 2019 |date=August 23, 1999 |archive-url=https://web.archive.org/web/20050806080137/http://www.bizjournals.com/charlotte/stories/1999/08/23/newscolumn2.html |archive-date=August 6, 2005 |url-status=live |df=mdy-all }}</ref> This was completed in 2000 along with a converting facility{{clarify|date=February 2023}} in [[Singapore]]. A new distribution center in [[Catawba, North Carolina]] was opened in 2004.<ref name="Company History" /> The company also purchased overseas facilities in the late 1990s in countries like [[China]] and [[Mexico]].<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} Shurtape purchased [[Permacel]]'s arts and entertainment division in 2004.<ref name="Company History" /><ref name="Dennis Mirabella, Pro Tapes">{{cite web |title=Dennis Mirabella, Pro Tapes |url=http://plsn.com/articles/vital-stats/dennis-mirabella-pro-tapes/ |publisher=Projection Lights and Staging News |accessdate=18 January 2019 |date=October 8, 2007}}</ref> |
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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.<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} This deal included the Duck Tape, Painter's Mate, and Easy Liner brands along with a manufacturing plant in Avon, Ohio.<ref name="Shurtape acquires DIY brands from Henkel">{{cite web |title=Shurtape acquires DIY brands from Henkel |url=https://www.hbsdealer.com/news/shurtape-acquires-diy-brands-henkel/ |publisher=HBS Dealer |accessdate=January 18, 2019 |date=June 3, 2009}}</ref> These brands were consolidated into a new subsidiary, ShurTech Brands, LLC,<ref name="Company History" /> and the plant has since been remodeled into the headquarters for ShurTech.<ref name="Shurtape binds Hickory’s Shuford family">{{cite web |title=Shurtape binds Hickory's Shuford family |url=http://businessnc.com/shurtape-binds-hickorys-shuford-family/ |publisher=BusinessNC |accessdate=January 18, 2019 |date=October 2, 2017}}</ref> Shurtape also purchased the FrogTape brand in 2010.<ref name="Company History" /> The company’s total revenue doubled from $275 million in 2008 to $650 million in 2017.<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} Shurtape acquired Syntac Coated Products, LLC in 2017<ref name="Shurtape Technologies, LLC, Expands Tape Business with Acquisition of Syntac Coated Products, LLC">{{cite press release |title=Shurtape Technologies, LLC, Expands Tape Business with Acquisition of Syntac Coated Products, LLC |url=https://globenewswire.com/news-release/2017/02/13/916629/0/en/Shurtape-Technologies-LLC-Expands-Tape-Business-with-Acquisition-of-Syntac-Coated-Products-LLC.html |publisher=[[GlobeNewswire|Global Newswire]]|date=February 13, 2017|accessdate=January 18, 2019}}</ref> and also invested in and partnered with InRoad, a toy company that produces adhesive road-styled tape for children.<ref name="Hickory-based Shurtape buying into toy business, entrepreneur says">{{cite web |last1=Elkins |first1=Ken |title=Hickory-based Shurtape buying into toy business, entrepreneur says |url=https://www.bizjournals.com/charlotte/news/2017/05/01/hickory-based-shurtape-buying-into-toy-business.html |publisher=Charlotte Business Journal |accessdate=January 18, 2019 |date=May 1, 2017}}</ref> In December 2018, Shurtape announced plans to build a new distribution and manufacturing center in Catawba.<ref name="Two projects to bring 230 jobs, almost $50M in investment to region">{{cite web |last1=Elkins |first1=Ken |title=Two projects to bring 230 jobs, almost $50M in investment to region |url=https://www.bizjournals.com/charlotte/news/2018/12/20/two-projects-to-bring-230-jobs-almost-50m-in.html |publisher=Charlotte Business Journal |accessdate=January 18, 2019|date=December 20, 2018}}</ref> Shurtape plans to invest $31 million into the project.<ref name="The Briefcase: 22nd Century expects to benefit from Farm Act passage">{{cite web |title=The Briefcase: 22nd Century expects to benefit from Farm Act passage |url=https://www.journalnow.com/business/the-briefcase-nd-century-expects-to-benefit-from-farm-act/article_7b1197d0-c19f-52c1-a043-9d5a11912f16.html |publisher=[[Winston-Salem Journal]] |accessdate=January 22, 2019 |date=December 25, 2018 |archive-url=https://web.archive.org/web/20181225084625/https://www.journalnow.com/business/the-briefcase-nd-century-expects-to-benefit-from-farm-act/article_7b1197d0-c19f-52c1-a043-9d5a11912f16.html |archive-date=December 25, 2018 |url-status=live |df=mdy-all }}</ref> The company remains a major economic player in the [[Hickory–Lenoir–Morganton Metropolitan Statistical Area|Hickory metro area]], which has lost a fifth of its manufacturing jobs since 2007,<ref name="Shurtape binds Hickory’s Shuford family" />{{unreliable source?|date=May 2019}} and ranks as the sixth-largest manufacturer in the city of Hickory.<ref name="General Obligation Bond Review">{{cite web |title=General Obligation Bond Review |url=http://startowndevelopment.info/home/wp-content/uploads/2018/08/City-of-Hickory-Overview-1.pdf |publisher=Startown Development |accessdate=February 4, 2019 |page=65 |date=July 25, 2018}}</ref> |
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==Business and executives== |
==Business and executives== |
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===Engineered Solutions Group=== |
===Engineered Solutions Group=== |
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The Engineered Solutions Group consists of Shurtape Specialty Coating and Shurmed.<ref name="Engineered Solutions Group">{{cite web |title=Engineered Solutions Group |url=https://shurtapetech.com/groups/engineered-solutions/ |publisher=Shurtape Technologies |accessdate=January 23, 2019|date=October 2, 2017}}</ref><ref name="Shurtape Technologies, LLC, Expands Tape Business with Acquisition of Syntac Coated Products, LLC" /> Shurtape Speciality Coating produces speciality, custom-made adhesive tapes for industries like [[construction]] and [[electronics]]<ref name="US’ Shurtape Technologies acquires Syntac Coated Products">{{cite web |title= |
The Engineered Solutions Group consists of Shurtape Specialty Coating and Shurmed.<ref name="Engineered Solutions Group">{{cite web |title=Engineered Solutions Group |url=https://shurtapetech.com/groups/engineered-solutions/ |publisher=Shurtape Technologies |accessdate=January 23, 2019|date=October 2, 2017}}</ref><ref name="Shurtape Technologies, LLC, Expands Tape Business with Acquisition of Syntac Coated Products, LLC" /> Shurtape Speciality Coating produces speciality, custom-made adhesive tapes for industries like [[construction]] and [[electronics]]<ref name="US’ Shurtape Technologies acquires Syntac Coated Products">{{cite web |title=US' Shurtape Technologies acquires Syntac Coated Products |url=https://www.packaging-gateway.com/news/us-shurtape-technologies-acquires-syntac-coated-products-5740212/ |publisher=Packaging Gateway |accessdate=May 31, 2019 |date=February 14, 2017 |archive-url=https://web.archive.org/web/20190531192254/https://www.packaging-gateway.com/news/us-shurtape-technologies-acquires-syntac-coated-products-5740212/ |archive-date=May 31, 2019 |url-status=live }}</ref> and Shurmed produces pressure-sensitive adhesive products for the [[health care|healthcare]] and [[medical device]] industries.<ref name="Shurmed Health">{{cite web |title=Shurmed Health |url=https://shurmedhealth.com/ |publisher=Shurmed |accessdate=January 23, 2019}}</ref> Shurtape Specialty Coating and Shurmed were both part of Syntac Coated Products, LLC prior to being acquired by Shurtape.<ref name="Shurtape Technologies, LLC. acquires Syntac Coated Products, LLC">{{cite web |last1=Craig |first1=Natalie |title=Shurtape Technologies, LLC. acquires Syntac Coated Products, LLC |date=March 2017 |url=https://www.packworld.com/article/material-type/additives-adhesives-coatings-inks/coatings/shurtape-technologies-llc-acquires |publisher=Packaging World |accessdate=May 31, 2019 |language=en |archive-url=https://web.archive.org/web/20190531192258/https://www.packworld.com/article/material-type/additives-adhesives-coatings-inks/coatings/shurtape-technologies-llc-acquires |archive-date=May 31, 2019 |url-status=live }}</ref> |
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===Kip=== |
===Kip=== |
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Kip is a distributor based in Germany.<ref name="Company History" /> Kip was acquired by Shurtape in 2000 and operates as a subsidiary |
Kip is a distributor based in Germany.<ref name="Company History" /> Kip was acquired by Shurtape in 2000 and now operates as a subsidiary.<ref name="Kip haftet für Qualität">{{cite web |title=Kip haftet für Qualität |url=https://www.kip-tape.com/ueber-kip/ueber-uns/ |publisher=Kip |accessdate=January 23, 2019 |language=German}}</ref> its products include adhesive tape, painter's tape, [[plastering]] tape, construction adhesives, and construction industry supplies.<ref name="Produkte">{{cite web |title=Produkte |url=https://www.kip-tape.com/produkte/ |publisher=Kip |accessdate=January 23, 2019 |language=German |archive-url=https://web.archive.org/web/20160426123214/http://www.kip-tape.com/produkte |archive-date=April 26, 2016 |url-status=live |df=mdy-all }}</ref> |
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===ShurTech Brands=== |
===ShurTech Brands=== |
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Duck Brand is known for its Duck Tape product line,<ref name="After 15 years, Avon Duck Tape Festival still sticks">{{cite web |last1=Benson |first1=John |title=After 15 years, Avon Duck Tape Festival still sticks |url=http://www.chroniclet.com/Local-News/2018/06/13/After-15-years-Duck-Tape-Festival-sticks.html |publisher= |
Duck Brand is known for its Duck Tape product line,<ref name="After 15 years, Avon Duck Tape Festival still sticks">{{cite web |last1=Benson |first1=John |title=After 15 years, Avon Duck Tape Festival still sticks |url=http://www.chroniclet.com/Local-News/2018/06/13/After-15-years-Duck-Tape-Festival-sticks.html |publisher=Chronicle-Telegram |accessdate=January 24, 2019 |date=June 13, 2018 |archive-url=https://web.archive.org/web/20181022033746/http://www.chroniclet.com/Local-News/2018/06/13/After-15-years-Duck-Tape-Festival-sticks.html |archive-date=October 22, 2018 |url-status=live |df=mdy-all }}</ref><ref name="Once and for All: Is It Duck Tape or Duct Tape?">{{cite web |last1=Klara |first1=Robert |title=Once and for All: Is It Duck Tape or Duct Tape? |url=https://www.adweek.com/brand-marketing/ok-once-and-all-it-duck-tape-or-duct-tape-161055/ |publisher=[[Adweek]] |accessdate=January 24, 2019 |date=October 29, 2014 |archive-url=https://web.archive.org/web/20181211152355/https://www.adweek.com/brand-marketing/ok-once-and-all-it-duck-tape-or-duct-tape-161055/ |archive-date=December 11, 2018 |url-status=live |df=mdy-all }}</ref> which is produced in hundreds of colors and patterns.<ref name="Annual Avon Heritage Duck Tape Festival to Celebrate 'American Pride'">{{cite web |last1=Niesel |first1=Jeff |title=Annual Avon Heritage Duck Tape Festival to Celebrate 'American Pride' |url=https://www.clevescene.com/scene-and-heard/archives/2016/06/09/annual-avon-heritage-duck-tape-festival-to-celebrate-american-pride |publisher=[[Cleveland Scene]] |accessdate=January 29, 2019 |date=June 9, 2016 |archive-url=https://web.archive.org/web/20190108042246/https://www.clevescene.com/scene-and-heard/archives/2016/06/09/annual-avon-heritage-duck-tape-festival-to-celebrate-american-pride |archive-date=January 8, 2019 |url-status=live |df=mdy-all }}</ref><ref name="Duct tape promwear could win prize">{{cite web |title=Duct tape promwear could win prize |url=https://www.sidneydailynews.com/features/life/72889/duct-tape-promwear-could-win-prize |publisher=[[Sidney Daily News]] |accessdate=January 29, 2019 |date=April 14, 2017}}</ref> Duck Tape is marketed at a broad audience ranging from causal crafters to [[DIY ethic|DIYers]].<ref name="On a Roll: Duck Brand Sticks With Customers">{{cite web |last1=Minkovsky |first1=Natalya |title=On a Roll: Duck Brand Sticks With Customers |url=https://contentmarketinginstitute.com/2016/05/duck-brand-customers/ |publisher=Content Marketing Institute |accessdate=January 28, 2019 |date=May 20, 2016 |archive-url=https://web.archive.org/web/20180222015827/http://contentmarketinginstitute.com/2016/05/duck-brand-customers/ |archive-date=February 22, 2018 |url-status=live |df=mdy-all }}</ref> FrogTape and Painter's Mate both sell painter's tape;<ref name="Painters' tape from best to worst">{{cite web |last1=Murray |first1=Anita |url=http://www.nationalpost.com/decorating/painters+tape+from+best+worst/6325084/story.html |title=Painters' tape from best to worst |publisher=[[National Post]] |accessdate=January 24, 2019 |date=March 19, 2012}}</ref> FrogTape painter's tape is similar to other tapes, but utilizes a coating to seal the edges of the tape for cleaner lines.<ref name="The right paint color can visually declutter a space or help you sleep: An expert’s tricks">{{cite news |last1=Mayhew |first1=Elizabeth |title=The right paint color can visually declutter a space or help you sleep: An expert's tricks |url=https://www.washingtonpost.com/lifestyle/home/the-right-paint-color-can-visually-declutter-a-space-or-help-you-sleep-an-experts-tricks/2016/11/01/1c93c954-9a2d-11e6-9980-50913d68eacb_story.html |newspaper=[[Washington Post]] |accessdate=January 24, 2019 |date=November 2, 2016 |archive-url=https://web.archive.org/web/20181221090252/https://www.washingtonpost.com/lifestyle/home/the-right-paint-color-can-visually-declutter-a-space-or-help-you-sleep-an-experts-tricks/2016/11/01/1c93c954-9a2d-11e6-9980-50913d68eacb_story.html |archive-date=December 21, 2018 |url-status=live }}</ref> T-Rex tape is designed to be more durable and weather-resistant than ordinary duct tapes.<ref>{{cite web |title=New Product Review: T-Rex Tapes |url=https://www.oexusa.com/blog-entries/new-product-review-t-rex-tapes |publisher=Office Express |date=June 13, 2018}}</ref><ref name="T-REX tape tackles the cold">{{cite web |title=T-REX tape tackles the cold |url=http://www.paintinganddecoratingnews.co.uk/decorating-products/masking-cleaning/t-rex-tape-tackles-cold/ |publisher=Painting and Decorating News |accessdate=January 29, 2019 |date=December 5, 2016}}</ref> |
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Shurtape Brand focuses on industries like HVAC, packaging, and painting.<ref name="Profile">{{cite web |title=Profile |url=https://www.shurtape.com/about/profile/ |publisher=Shurtape |accessdate=January 24, 2019 |archive-url=https://web.archive.org/web/20171202155854/http://www.shurtape.com/about/profile |archive-date=December 2, 2017 |url-status=live |df=mdy-all }}</ref> Shurtape purchased Permacel's arts and entertainments division in 2004;<ref name="Company History" /> Permacel was known for its [[gaffer tape]] brand Permacel P-665, which was commonly used in [[Hollywood]] productions.<ref name="Digital Photography Hacks">{{cite book |last1=Story |first1=Derrick |title=Digital Photography Hacks |date=May 2004 |publisher=[[O'Reilly Media]] |page=27 |edition=1st |url=https://books.google.com/?id=zaXQioI2JvcC& |
Shurtape Brand focuses on industries like HVAC, packaging, and painting.<ref name="Profile">{{cite web |title=Profile |date=6 November 2017 |url=https://www.shurtape.com/about/profile/ |publisher=Shurtape |accessdate=January 24, 2019 |archive-url=https://web.archive.org/web/20171202155854/http://www.shurtape.com/about/profile |archive-date=December 2, 2017 |url-status=live |df=mdy-all }}</ref> Shurtape purchased Permacel's arts and entertainments division in 2004;<ref name="Company History" /> Permacel was known for its [[gaffer tape]] brand Permacel P-665, which was commonly used in [[Cinema of the United States|Hollywood]] productions.<ref name="Digital Photography Hacks">{{cite book |last1=Story |first1=Derrick |title=Digital Photography Hacks |date=May 2004 |publisher=[[O'Reilly Media]] |page=27 |edition=1st |url=https://books.google.com/books?id=zaXQioI2JvcC&q=permacel+gaffer+tape+hollywood&pg=PA27 |isbn=978-0-596-006662 |accessdate=January 28, 2019}}</ref> Shurtape has since renamed the brand Shurtape P-665.<ref name="R.I.P. Permacel Gaffer Tape (1927-2007)">{{cite web |title=R.I.P. Permacel Gaffer Tape (1927-2007) |url=http://blog.filmtools.com/2007/10/16/rip-permacel-gaffer-tape-1927-2007/ |publisher=Filmtools Blog |accessdate=January 28, 2019 |date=October 16, 2007 |archive-url=https://web.archive.org/web/20160418200619/http://blog.filmtools.com/2007/10/16/rip-permacel-gaffer-tape-1927-2007/ |archive-date=April 18, 2016 |url-status=live |df=mdy-all }}</ref> Shurtape sells a [[case sealer|case sealing]] system, the ShurSEAL Solution,<ref name="Case taping vastly improved">{{cite web |last1=Reynolds |first1=Pat |title=Case taping vastly improved |url=https://www.packworld.com/article/applications/food/proteins/meat/case-taping-vastly-improved |publisher=[[Packaging World]] |accessdate=January 28, 2019 |date=August 1, 2016}}</ref> which creates a packaging seal that doesn't require a [[knife]] to open.<ref name="Examining the costs of damaged goods">{{cite web |last1=Butschli |first1=Jim |title=Examining the costs of damaged goods |date=26 November 2013 |url=https://www.healthcarepackaging.com/article/trends-and-issues/trainingeducation/examining-costs-damaged-goods |publisher=Healthcare Packaging |accessdate=January 28, 2019}}</ref> |
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==Community== |
==Community== |
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===Stuck at Prom=== |
===Stuck at Prom=== |
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Since 2001, Duck Tape annually runs the Stuck at Prom [[Scholarship]] Contest.<ref name="Photos: These Students Won Big With Their Duck Tape Prom Outfits">{{cite web |last1=Ingram |first1=Leah |title=Photos: These Students Won Big With Their Duck Tape Prom Outfits |url=https://parade.com/625040/leahingram/photos-these-students-won-big-with-their-duck-tape-prom-outfits/ |publisher=[[Parade (magazine)|Parade]] |accessdate=January 22, 2019 |date=November 30, 2017 |archive-url=https://web.archive.org/web/20180713182848/https://parade.com/625040/leahingram/photos-these-students-won-big-with-their-duck-tape-prom-outfits/ |archive-date=July 13, 2018 |url-status=live |df=mdy-all }}</ref> Participants are tasked with making an entire [[tuxedo]] or [[prom]] [[dress]] out of Duck Tape, with the two winners (one for a tuxedo and one for a dress) receiving $10,000 scholarships.<ref name="He made a tuxedo out of tape — and it got this SC teen a $10,000 scholarship">{{cite web |last1=Feit |first1=Noah |title=He made a tuxedo out of tape — and it got this SC teen a $10,000 scholarship |url=https://www.thestate.com/news/local/education/article213363629.html |publisher=[[The State (newspaper)|The State]] |accessdate=January 22, 2019 |date=July 9, 2018 |archive-url=https://web.archive.org/web/20180729020534/https://www.thestate.com/news/local/education/article213363629.html |archive-date=July 29, 2018 |url-status=live |df=mdy-all }}</ref> Prior to the 2018 edition all participants had to enter as couples, with the winning couple receiving $10,000 each, but the rules were changed in 2018 to allow individual winners instead.<ref name="This Teen Made Her Prom Dress Completely Out of Duct Tape—and Won $10,000">{{cite web |last1=Renzulli |first1=Kerri Anne |title=This Teen Made Her Prom Dress Completely Out of Duct Tape—and Won $10,000 |url= |
Since 2001, Duck Tape annually runs the Stuck at Prom [[Scholarship]] Contest.<ref name="Photos: These Students Won Big With Their Duck Tape Prom Outfits">{{cite web |last1=Ingram |first1=Leah |title=Photos: These Students Won Big With Their Duck Tape Prom Outfits |url=https://parade.com/625040/leahingram/photos-these-students-won-big-with-their-duck-tape-prom-outfits/ |publisher=[[Parade (magazine)|Parade]] |accessdate=January 22, 2019 |date=November 30, 2017 |archive-url=https://web.archive.org/web/20180713182848/https://parade.com/625040/leahingram/photos-these-students-won-big-with-their-duck-tape-prom-outfits/ |archive-date=July 13, 2018 |url-status=live |df=mdy-all }}</ref> Participants are tasked with making an entire [[tuxedo]] or [[prom]] [[dress]] out of Duck Tape, with the two winners (one for a tuxedo and one for a dress) receiving $10,000 scholarships.<ref name="He made a tuxedo out of tape — and it got this SC teen a $10,000 scholarship">{{cite web |last1=Feit |first1=Noah |title=He made a tuxedo out of tape — and it got this SC teen a $10,000 scholarship |url=https://www.thestate.com/news/local/education/article213363629.html |publisher=[[The State (newspaper)|The State]] |accessdate=January 22, 2019 |date=July 9, 2018 |archive-url=https://web.archive.org/web/20180729020534/https://www.thestate.com/news/local/education/article213363629.html |archive-date=July 29, 2018 |url-status=live |df=mdy-all }}</ref> Prior to the 2018 edition all participants had to enter as couples, with the winning couple receiving $10,000 each, but the rules were changed in 2018 to allow individual winners instead.<ref name="This Teen Made Her Prom Dress Completely Out of Duct Tape—and Won $10,000">{{cite web |last1=Renzulli |first1=Kerri Anne |date=May 9, 2018 |title=This Teen Made Her Prom Dress Completely Out of Duct Tape—and Won $10,000 |url=https://money.com//duct-tape-prom-dress-scholarship/ |url-status=dead |archive-url=https://web.archive.org/web/20180818072317/http://time.com/money/longform/duct-tape-prom-dress-scholarship/ |archive-date=August 18, 2018 |publisher=[[Money (magazine)|Money]] |accessdate=January 22, 2019 |df=mdy-all}}</ref> The winner is decided by public vote, which can be done by text or online.<ref name="Don't laugh. These weird scholarships — including Duck Tape's prom contest — give students big bucks">{{cite web |last1=Davis |first1=Angelia |title=Don't laugh. These weird scholarships — including Duck Tape's prom contest — give students big bucks |url=https://www.usatoday.com/story/news/nation-now/2018/07/10/duct-tape-duck-calling-weird-scholarships/772015002/ |publisher=[[USA Today]] |accessdate=January 22, 2019 |date=July 10, 2018 |archive-url=https://web.archive.org/web/20180713234957/https://www.usatoday.com/story/news/nation-now/2018/07/10/duct-tape-duck-calling-weird-scholarships/772015002/ |archive-date=July 13, 2018 |url-status=live |df=mdy-all }}</ref> |
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===Tape University=== |
===Tape University=== |
Latest revision as of 03:01, 15 August 2024
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Company type | Private[1] |
---|---|
Industry | |
Founded | 1996[1] |
Founders | Shuford family |
Headquarters | Hickory, North Carolina, U.S.[2] |
Area served | North America, Europe |
Key people |
|
Products | |
Brands |
|
Revenue | $650 million (2017)[3] |
Owners | Shuford family |
Number of employees | 1,500[2][4] (2017) |
Parent | STM Industries[5] |
Subsidiaries | |
Website | shurtapetech |
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 CEO and 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.
History
[edit]Shurtape originated from Shuford Mills, a textile company that was founded in Granite Falls, North Carolina in 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]
Business and executives
[edit]Shurtape Technologies, LLC's corporate and industrial headquarters is located in Hickory, North Carolina. ShurTech Brands and Shurtape Speciality Coating are headquartered in Avon, Ohio and New Hartford, Connecticut.[2] The company has 13 facilities, with locations in the United States as well as Canada, China, Germany, Mexico, Peru, the United Kingdom, and the United Arab Emirates.[2] As of 2017, Shurtape has around 1,500 employees.[4]
Shurtape is owned by the Shuford family. The Shufords have been involved in business in Hickory since 1880, when Abel Alexander Shuford built the first yarn factory in what would become Shuford Mills.
Products and manufacturing
[edit]Shurtape Technologies, LLC produces more than 650 types of adhesive tape marketed to multiple different industries, including painting, construction, HVAC, and packaging; according to Business North Carolina, the company produced 733,000,000 square feet (68,100,000 m2) of tape in 2016 and ranks second in consumer tape sales behind 3M.[9]
Engineered Solutions Group
[edit]The Engineered Solutions Group consists of Shurtape Specialty Coating and Shurmed.[7][14] Shurtape Speciality Coating produces speciality, custom-made adhesive tapes for industries like construction and electronics[18] and Shurmed produces pressure-sensitive adhesive products for the healthcare and medical device industries.[19] Shurtape Specialty Coating and Shurmed were both part of Syntac Coated Products, LLC prior to being acquired by Shurtape.[20]
Kip
[edit]Kip is a distributor based in Germany.[6] Kip was acquired by Shurtape in 2000 and now operates as a subsidiary.[21] its products include adhesive tape, painter's tape, plastering tape, construction adhesives, and construction industry supplies.[22]
ShurTech Brands
[edit]Duck Brand is known for its Duck Tape product line,[23][24] which is produced in hundreds of colors and patterns.[25][26] Duck Tape is marketed at a broad audience ranging from causal crafters to DIYers.[27] FrogTape and Painter's Mate both sell painter's tape;[28] FrogTape painter's tape is similar to other tapes, but utilizes a coating to seal the edges of the tape for cleaner lines.[29] T-Rex tape is designed to be more durable and weather-resistant than ordinary duct tapes.[30][31]
Shurtape Brand focuses on industries like HVAC, packaging, and painting.[32] Shurtape purchased Permacel's arts and entertainments division in 2004;[6] Permacel was known for its gaffer tape brand Permacel P-665, which was commonly used in Hollywood productions.[33] Shurtape has since renamed the brand Shurtape P-665.[34] Shurtape sells a case sealing system, the ShurSEAL Solution,[35] which creates a packaging seal that doesn't require a knife to open.[36]
Community
[edit]Stuck at Prom
[edit]Since 2001, Duck Tape annually runs the Stuck at Prom Scholarship Contest.[37] Participants are tasked with making an entire tuxedo or prom dress out of Duck Tape, with the two winners (one for a tuxedo and one for a dress) receiving $10,000 scholarships.[38] Prior to the 2018 edition all participants had to enter as couples, with the winning couple receiving $10,000 each, but the rules were changed in 2018 to allow individual winners instead.[39] The winner is decided by public vote, which can be done by text or online.[40]
Tape University
[edit]Shurtape operates Tape University, an online resource aimed at educating people about tape and answering frequently asked questions about tape.[41] Tape University manages the annual Mission: HVAC program, which aims to promote education in the HVAC industry. Three participants from trade schools across the United States are chosen and assigned 10 HVAC-theme missions. After completing the missions, each participant is awarded a $5,000 reward to help pay for their education.[42] This program was expanded for 2019 to include a separate trade school award as well, with two trade schools or technical programs being awarded a separate $5,000 award.[43] They also offered Mission: Packaging, a similar program aimed at packaging students.[44]
Tape University provided a $2,500 scholarship to an attendee of the 2018 Sachse Construction Academy, an event for high school students in the Metro Detroit area.[45]
References
[edit]- ^ a b c d e f "Shurtape Technologies, LLC: CEO and Executives". Bloomberg. Retrieved January 18, 2019.
- ^ a b c d "Locations". Shurtape Technologies. September 9, 2017. Retrieved January 22, 2019.
- ^ Matney, David (October 19, 2018). "Single Loop of Duct Tape Lifts 700 Pounds". ThomasNet. Archived from the original on October 19, 2018. Retrieved January 22, 2019.
- ^ a b Elkins, Ken (February 14, 2017). "Shurtape buys Connecticut tape company, renames it". Charlotte Business Journal. Archived from the original on April 2, 2017. Retrieved January 18, 2019.
- ^ Dayberry, John (January 21, 2009). "Layoffs continue in region". Hickory Daily Record. Retrieved January 18, 2019.
- ^ a b c d e f g "Company History". Shurtape Mexico. October 27, 2013. Archived from the original on March 15, 2019. Retrieved January 18, 2019.
- ^ a b "Engineered Solutions Group". Shurtape Technologies. October 2, 2017. Retrieved January 23, 2019.
- ^ a b "The Briefcase: 22nd Century expects to benefit from Farm Act passage". Winston-Salem Journal. December 25, 2018. Archived from the original on December 25, 2018. Retrieved January 22, 2019.
- ^ a b c d e f g h "Shurtape binds Hickory's Shuford family". BusinessNC. October 2, 2017. Retrieved January 18, 2019.
- ^ "About Us". Shurtape Technologies. September 20, 2017. Archived from the original on February 28, 2019. Retrieved January 18, 2019.
- ^ Elkins, Ken (August 23, 1999). "Shurtape planning $17M expansion in Hickory". Charlotte Business Journal. Archived from the original on August 6, 2005. Retrieved January 18, 2019.
- ^ "Dennis Mirabella, Pro Tapes". Projection Lights and Staging News. October 8, 2007. Retrieved 18 January 2019.
- ^ "Shurtape acquires DIY brands from Henkel". HBS Dealer. June 3, 2009. Retrieved January 18, 2019.
- ^ a b "Shurtape Technologies, LLC, Expands Tape Business with Acquisition of Syntac Coated Products, LLC" (Press release). Global Newswire. February 13, 2017. Retrieved January 18, 2019.
- ^ Elkins, Ken (May 1, 2017). "Hickory-based Shurtape buying into toy business, entrepreneur says". Charlotte Business Journal. Retrieved January 18, 2019.
- ^ Elkins, Ken (December 20, 2018). "Two projects to bring 230 jobs, almost $50M in investment to region". Charlotte Business Journal. Retrieved January 18, 2019.
- ^ "General Obligation Bond Review" (PDF). Startown Development. July 25, 2018. p. 65. Retrieved February 4, 2019.
- ^ "US' Shurtape Technologies acquires Syntac Coated Products". Packaging Gateway. February 14, 2017. Archived from the original on May 31, 2019. Retrieved May 31, 2019.
- ^ "Shurmed Health". Shurmed. Retrieved January 23, 2019.
- ^ Craig, Natalie (March 2017). "Shurtape Technologies, LLC. acquires Syntac Coated Products, LLC". Packaging World. Archived from the original on May 31, 2019. Retrieved May 31, 2019.
- ^ "Kip haftet für Qualität" (in German). Kip. Retrieved January 23, 2019.
- ^ "Produkte" (in German). Kip. Archived from the original on April 26, 2016. Retrieved January 23, 2019.
- ^ Benson, John (June 13, 2018). "After 15 years, Avon Duck Tape Festival still sticks". Chronicle-Telegram. Archived from the original on October 22, 2018. Retrieved January 24, 2019.
- ^ Klara, Robert (October 29, 2014). "Once and for All: Is It Duck Tape or Duct Tape?". Adweek. Archived from the original on December 11, 2018. Retrieved January 24, 2019.
- ^ Niesel, Jeff (June 9, 2016). "Annual Avon Heritage Duck Tape Festival to Celebrate 'American Pride'". Cleveland Scene. Archived from the original on January 8, 2019. Retrieved January 29, 2019.
- ^ "Duct tape promwear could win prize". Sidney Daily News. April 14, 2017. Retrieved January 29, 2019.
- ^ Minkovsky, Natalya (May 20, 2016). "On a Roll: Duck Brand Sticks With Customers". Content Marketing Institute. Archived from the original on February 22, 2018. Retrieved January 28, 2019.
- ^ Murray, Anita (March 19, 2012). "Painters' tape from best to worst". National Post. Retrieved January 24, 2019.
- ^ Mayhew, Elizabeth (November 2, 2016). "The right paint color can visually declutter a space or help you sleep: An expert's tricks". Washington Post. Archived from the original on December 21, 2018. Retrieved January 24, 2019.
- ^ "New Product Review: T-Rex Tapes". Office Express. June 13, 2018.
- ^ "T-REX tape tackles the cold". Painting and Decorating News. December 5, 2016. Retrieved January 29, 2019.
- ^ "Profile". Shurtape. November 6, 2017. Archived from the original on December 2, 2017. Retrieved January 24, 2019.
- ^ Story, Derrick (May 2004). Digital Photography Hacks (1st ed.). O'Reilly Media. p. 27. ISBN 978-0-596-006662. Retrieved January 28, 2019.
- ^ "R.I.P. Permacel Gaffer Tape (1927-2007)". Filmtools Blog. October 16, 2007. Archived from the original on April 18, 2016. Retrieved January 28, 2019.
- ^ Reynolds, Pat (August 1, 2016). "Case taping vastly improved". Packaging World. Retrieved January 28, 2019.
- ^ Butschli, Jim (26 November 2013). "Examining the costs of damaged goods". Healthcare Packaging. Retrieved January 28, 2019.
- ^ Ingram, Leah (November 30, 2017). "Photos: These Students Won Big With Their Duck Tape Prom Outfits". Parade. Archived from the original on July 13, 2018. Retrieved January 22, 2019.
- ^ Feit, Noah (July 9, 2018). "He made a tuxedo out of tape — and it got this SC teen a $10,000 scholarship". The State. Archived from the original on July 29, 2018. Retrieved January 22, 2019.
- ^ Renzulli, Kerri Anne (May 9, 2018). "This Teen Made Her Prom Dress Completely Out of Duct Tape—and Won $10,000". Money. Archived from the original on August 18, 2018. Retrieved January 22, 2019.
- ^ Davis, Angelia (July 10, 2018). "Don't laugh. These weird scholarships — including Duck Tape's prom contest — give students big bucks". USA Today. Archived from the original on July 13, 2018. Retrieved January 22, 2019.
- ^ "Shurtape Technologies Launches New Website". Flexible Packaging. June 29, 2016. Retrieved January 23, 2019.
- ^ Evener, Kaitlyn (June 6, 2016). "On a mission to meet the need". The Republic. p. A6-7. Archived from the original on June 14, 2019. Retrieved May 28, 2019.
- ^ "Shurtape Sticks it to the Skilled Trades Gap with Year 5 of Mission: HVAC". PRweb.com. November 2, 2018. Retrieved January 22, 2019.
- ^ McTigue Pierce, Lisa (April 19, 2016). "3 packaging students go on a Mission". Packaging Digest. Archived from the original on June 26, 2017. Retrieved January 22, 2019.
- ^ Moutzalias, Tanya (October 23, 2018). "500 students try out skilled trades in Detroit construction workshop". MLive. Archived from the original on November 6, 2018. Retrieved January 23, 2019.