PALO ALTO, Calif., and AUSTIN, Tex., Nov. 7, 2019 — HP Inc. (NYSE: HPQ) and ePac, the all-HP Indigo digital flexible packaging leader, today announced a significant expansion with HP Indigo. ePac will roll out a new wave of HP Indigo 20000 digital presses in 2020 to continue disruption of the global flexible packaging market with new opportunities for small and medium-size businesses (SMBs), as well as larger consumer packaged goods companies (CPGs).
A new incremental order of 24 HP Indigo 20000 presses is the largest packaging deal to date for HP. This nearly doubles production capacity for ePac, to expand within the next year from 28 presses in 12 locations to over 52 operating at 20 sites – including new locations opened in Canada and the UK. The investment is valued at over $100 million, including hardware, supplies and services over several years.
“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’ve decided to accelerate our business plan with an additional investment,” said Jack Knott, CEO, ePac Flexible Packaging. “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.”