By: Kate Tilley
January 18, 2013
SYDNEY, AUSTRALIA — Oregon Precision Industries Inc., trading as PakTech, says it is "exploring the economics of serving the Australian market" after its only Australian sales representative, Sydney-based promotional packaging manufacturer Creative Pack Pty. Ltd., went into voluntary administration in November.
Based in Eugene,Ore., PakTech manufactures injection molded multipack high density polyethylene handles for various containers.
Marketing manager Amie Thomas said PakTech now has no Australian sales representative.
"We have had discussions with companies interested in representing PakTech inAustralia. We hope to find a good match because we believe the market is ready for [our] products. However, we will not force the process."
She said PakTech had an informal, non-exclusive partnership with Creative Pack. "We regret hearing they are no longer in business."
Creative Pack, based in a 32,292-square-foot factory at Villawood, 15 miles west of Sydney's central business district, manufactures packaging for promotional samples and retail packs. Its products include inserts for in-pack promotions and trial packs.
Creative Pack's clients include Sydney-based McDonald's Australia Ltd.; Sydney-based Johnson & Johnson Pacific Pty. Ltd.; and Sydney-based Arnott's Biscuits Ltd.
Creative Pack stopped trading Nov. 15 after Sydney-based chartered accountancy firm Emgejay Pty. Ltd., trading as Jones Partners Insolvency & Business Recovery, reviewed its cash flow and determined it is no longer viable.
A Jones Partners spokesman said Creative Pack went into voluntary administration because it had insufficient cash and assets to pay trade creditors and service its debt.
Creative Pack was incorporated in 1989 and the same director has operated it for more than 20 years. On Nov. 15, Creative Pack had about 20 employees.