The move will nearly double ePac’s production capacity, growing from 28 presses in 12 locations to over 52 presses at 20 locations (including the new manufacturing plants in Canada and the UK). The investment is reportedly about $100 million over a multi-year period.
“In every market we enter we experience a similar reception. SMBs partner with us to help them grow into bigger brands, and as they grow, they see opportunities to rapidly bring new products to market and run more targeted promotions. Based on our success, we’ve decided to accelerate our business plan with an additional investment,” says Jack Knott, CEO-ePac Flexible Packaging. “We have figured out how to drive the digital transformation within the flexible-packaging market for short, medium and even longer strategic runs with this game-changing technology provided by HP Indigo.”