US-based packaging company ePac Flexible Packaging has announced a major expansion plan to expedite its growth.
Over the next two years, the company plans to develop plants in North America’s north-east, mid-west, south-east and south-west.
ePac will also open its second location in the US’ Mountain states and increase the print and pouch making capacity of its existing operations.
In addition, the company has started rolling out its own e-commerce platform, web-to-print and automated workflow to offer easy access to its services.
These technologies are intended to simplify the way customers order flexible packaging while launching ePac’s services to new market segments.
ePac will also launch several flexible packaging product lines and roll out its connected packaging solution, ePacConnect, as part of its growth plan.
ePac chief operating officer Virag Patel said: “Although we are navigating through uncharted waters from a global economic perspective, we continue to see broad market acceptance for our services.
“With six years of operation under our belt, we are more convinced than ever that ePac can continue to help brands of all sizes grow while being accretive to the communities we serve.”
The expansion plan comes after ePac registered a ‘strong’ performance for the fiscal year 2021 (FY21).
The company recorded a sales growth of more than 50% year-on-year and an increase of more than 30% in production capacity.
ePac also opened plants in Portland, Toronto and Kansas City, taking its total number of plants in North America to 17.
Elsewhere in the world, the company opened plants in the UK, France, Poland and Australia, meaning it now operates six plants across Europe and the Asia-Pacific (APAC) region.
It has recruited two senior executives, Sanjit Menezes and Paul Rason, to lead its growth initiatives in the APAC and Middle East and North Africa (MENA) regions.