A flexible packaging company that bases its business model on quick delivery and digital printing expects to significantly expand this year.
With four locations already in operation and another four under construction, ePac Flexible Packaging LLC revealed plans for new locations in seven more cities in 2019.
EPac expects to open the new sites in: Cleveland; Minneapolis; Longview, Texas; Philadelphia; New York; Louisville, Ky., and Richmond, Va.
"As we've announced previously, our strategic intent when we first opened ePac in 2016 was to prove our business model and build 15 ePac locations by the end of 2019. With these new sites coming online by year-end, we will have fulfilled our commitment and look forward to working with brands in these exciting markets," ePac CEO Jack Knott said in a statement.
The company already has operations in: Madison, Wis.; Boulder, Colo.; Chicago; and Miami. Plants under construction are in: Atlanta; Boston; Los Angeles; and Austin, Texas.
EPac uses digital printing to cater to short- and medium-run orders with fulfillment in three weeks or less.
This, ePac said, allows customers reduce inventory and guard against obsolescence in packaging.
The company is relying on existing partners to help open most of the new locations.
Indevco Plastics Inc. will invest in and operate the sites in Philadelphia, Louisville, Longview and Richmond. Indevco previously invested in the Austin site.
Investment firm Woodhaven Capital Partners will invest in the Cleveland and New York City sites in addition to its previous involvement in the Boston location.
And investment firm MGS Holdings of Minneapolis will be involved in its hometown site, ePac said.
The flexible packaging company uses the Hewlett-Packard HP Indigo 20000 digital press as a basis for its business model. By using digital presses, ePac says it can change jobs more quickly to serve more smaller customers.