PALO ALTO, Calif. and AUSTIN, Texas — Flexible packaging company, ePac, announced Nov. 7 it will add 24 HP Indigo 20000 digital printers to provide digital printing and packaging solutions for more companies in 2020, including small and medium-size businesses.
The new printing presses from HP amount to a $100 million investment by ePac. The new printers will nearly double the company’s capacity from 28 at 12 locations to 52 at 20 locations in the US, Canada and United Kingdom.
“In every market we enter, we experience a similar reception. SMBs [small and medium-size businesses] 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,” said 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.”
Last year, ePac worked with HP to get 20 Indigo printing presses that are currently being used throughout the US. The company has grown rapidly since its founding in 2016, more than doubling its customer base. It serves more than 5,000 customers and 75% of its business is repeat orders, according to ePac.
“The meteoric rise of ePac and its business model based on HP Indigo digital printing technology in just a few years is truly amazing,” said Santi Morera, general manager and global head of Graphics Solutions Business, HP Inc. “Thanks to the continued collaboration between HP and ePac, brands of all sizes can obtain high-quality, digitally printed flexible packaging in quick turnaround times, with low minimum orders, high variation and personalization options.”
From pet food to beauty products, this investment will help ePac offer its clients opportunities for growth and innovation in packaging and a quick-to-market approach.
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