Helping ePac Revolutionize Packaging
Since partnering with CSC, ePac Flexibles has built 12 new sites, has expanded its service and profitability, and is focused on continued and rapid growth.
Challenge
To expand its services and profitability, the flexible packaging company boasts a unique community partnership business model, partnering with local entrepreneurs to set up affordable digital presses in locations across the US. The company has a lofty goal to establish five new locations per year.
ePac is HP’s largest purchaser of HP Indigo Presses, which sit at the core of the digital printing service. However, building a production line for each location requires a variety of high-dollar ancillary equipment, including laminators, cutters, slitters and a pouch line to convert the HP print sheets into packaging.
Solution
CSC extended a multimillion-dollar line of credit to ePac to cover the cost of the ancillary equipment, across several localities. HP provides the printing capabilities, but CSC is actually enabling the bagging process. When CSC partnered with ePac, they had 20+ locations. In the four or so years since partnering with CSC, ePac has built 12 new sites, and they still have capacity needs, and are focused on continued and rapid growth.
$10M
Annual Credit Line in Their First Year
$15M
In Their Second Year
$20M+
Over $20M in Their Third Year
Results
CSC is helping ePac become the fastest-growing digital printing company in the world, increasing their speed of expansion by three to four times and enabling the company to grow at scale. CSC has fully backed the high-growth company, steadily increasing the annual credit line from $10 million in the first year to $15 million in the second year and over $20 million in the third year. And that commitment is enabling ePac to fulfill their mission to empower more small businesses to grow, launch and be marketable with high-quality, affordable packaging.