ePac to top $200m in sales in 2021
Published: 21 July 2020 | No comments yet
ePac is using digital printing to disrupt the flexible packaging market, globally
ePac Flexible Packaging is set to exceed $100 million in annual sales this year and double again in 2021 according to CEO Jack Knott, as the digital flexible packaging specialist continues to expand its global operations.
ePac flexible Packaging was founded in 2016 from a Greenfield site in the US. Now with 14 plants in the US plus one each in Canada, the UK and Indonesia, and more set to come on stream in the near future, including a new facility near Sacramento serving the Northern California area, ePac Flexible Packaging is also beefing up its production capacity with additional printing and finishing equipment.
Co-founder Virag Patel, who also serves as the converter’s chief operating officer, said, ‘When we first opened ePac, our strategy was to run with two HP Indigo 20000 digital presses in each plant. We’ve revised that thinking and are now adding a third press along with additional downstream processing equipment in many of our locations. With the added capacity, along with our interconnected facilities across the US, we’ll continue to push the envelope in service delivery time.’
ePac’s expansion programme is to continue throughout the rest of 2020 and into 2021, leading Mr Knott, who was also one of the founders of ePac Flexible Packaging, to comment, ‘We’ll exceed $100 million in annual sales this year and double again in 2021. From a Greenfield less than four years ago with no assets or customers, ePac will soon break into the top 25 of flexible packaging converters.’
Read more from ePac’s third co-founder, CMO Carl Joachim, who was the focus of ‘My Digital Journey’ in the January/February issue of Digital Labels & Packaging; click here to read the article online