Technicote rebrands to Beontag, marking a new era of innovation and growth
By: Beontag
Brazil, Jun. 2024 – Beontag, one of the world’s largest manufacturers of pressure-sensitive adhesives and smart tags such as RFID and NFC, initiated its expansion into North America in 2022 by acquiring Technicote and is now moving forward to consolidate the brands. Beontag is already one of the world’s largest manufacturers of pressure-sensitive adhesives and smart tags (RFID and NFC) with a commercial presence in more than 40 countries.
As a milestone in this new phase, the company announced that Technicote has officially become Beontag, forming a single, fully-integrated company with global reach and access to a wide range of innovative solutions. In addition to brand unification, Beontag will integrate individuals into a global network, fostering collaboration and connection across continents.
Beontag is planning to invest over USD $60 million in a new state-of-the-art manufacturing facility, equipment, machinery, and tenant improvements over the next two years as part of the company’s expansion strategy in the USA. This investment has already been announced and is currently underway, aiming to bring the US operation up to the highest international operational standards for which Beontag is renowned globally.
The state-of-the-art factory will allow the scale up of the production volumes through the utilization of more productive machinery, such as coaters, slitters, and sheeters for roll label stock, servicing the roll converter market. In addition, RFID and Linerless operations will be integrated in the same building.