Oct. 17, 2023

219 - The good, bad, and ugly of the label industry - TLMI Day 1 wrap up

219 - The good, bad, and ugly of the label industry - TLMI Day 1 wrap up

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Show notes made by Deciphr.ai…apologies for any errors!

About The Guest(s):

Adam Peek is a speaker, consultant, and host of the podcast "The People of Packaging Podcast." He has extensive experience in the label industry and is a member of TLMI (Tag and Label Manufacturers Institute). Adam is known for his expertise in sustainability and is passionate about helping businesses in the label industry thrive.

Summary:

Adam Peek provides an update from the TLMI event at The Broadmoor in Colorado Springs. He highlights the tight-knit community in the label industry and the value of attending TLMI events. Adam shares his experience at the mixer and mentions some of the people he connected with. He then discusses the presentations from the first day, including an economist's talk on economics and economic policy, a presentation on merger and acquisition activity in the label and packaging space, and a discussion on extended producer responsibility (EPR) laws in Colorado. Adam emphasizes the importance of staying informed about EPR laws and highlights the consumer advocacy portion of Colorado's EPR legislation. He also mentions his plans for the rest of the event, including conducting short interviews with industry professionals.

Key Takeaways:

* TLMI events provide valuable networking opportunities for the label industry.

* Alan Beaulieu from ITR economics provides valuable insights on economics and economic policy.

* Merger and acquisition activity in the label and packaging space has returned to normal levels after a spike in 2020-2022.

* Colorado is enacting EPR laws, and businesses need to stay informed about the regulations.

* Colorado's EPR legislation includes a consumer advocacy portion to prevent passing on costs to consumers.

Quotes:

* "The label industry is a tight-knit group of people, and TLMI events bring us together." - Adam Peek

* "Alan Beaulieu's presentation on economics and economic policy was incredibly valuable." - Adam Peek

* "Merger and acquisition activity in the label and packaging space has returned to normal levels." - Adam Peek

* "Colorado's EPR laws include a consumer advocacy portion to prevent passing on costs to consumers." - Adam Peek



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