ePac, an HP Indigo digital flexible packaging provider, has announced plans to invest in new HP Indigo 20000 digital presses.
HP has secured an incremental order of 24 HP Indigo 20000 presses, which will increase the production capacity for ePac by two-fold.
The investment marks a significant global expansion for ePac. It is valued at over $100m and includes hardware, supplies and services.
This will result in the expansion from 28 presses in 12 locations to over 52 presses at 20 sites. ePac plans to open new locations in Canada and the UK.
ePac Flexible Packaging CEO Jack Knott said: “In every market we enter, we experience a similar reception. SMBs 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 have decided to accelerate our business plan with an additional investment. 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.”
Founded in May 2016, ePac serves coffee, pet food, nutritional supplements, snacks, health, beauty, organic foods, cheese, dairy, and bakery markets. The company currently has over 5,000 customers.