Digital press manufacturer HP and US flexible packaging manufacturer ePac have signed a commercial agreement valued at $50 million over three years, which includes HP Indigo presses, consumables and services.
The agreement provides for the installation of more than ten HP Indigo 200K presses at the converter's North American and European sites.
The immediate value of the equipment is estimated at around $20 million. The remaining $30 million corresponds to sales of consumables and associated technical services over three years.
Once the rollout is complete, almost a third of ePac's global press fleet will be HP Indigo 200K platforms.
ePac, which bills itself as the world's first all-digital flexible packaging company, has been operating HP machines for 10 years, and today uses over 50 HP Indigo presses in its international network. "This collaboration has driven a major transformation in the global flexible packaging sector, accelerating the transition from traditional analog production to digital printing." hP assures us.
Parag Patel, President of ePac Shared Services, states: "This $50 million investment marks a decisive turning point in ePac's evolution. (...) We're not just expanding our capacity: we're redefining the standard for sustainable, high-speed packaging. (...) With our upcoming expansion to Phoenix and the launch of our new e-commerce platform, ePac heralds a future of continued growth and prioritized digital innovation, a strength our competitors simply can't match."
The HP Indigo 200K is the fifth generation of Indigo technology. It boasts a print speed increase of around 30% over the previous generation, and up to 45% more overall productivity.
The press incorporates quality diagnostic tools driven by artificial intelligence, with real-time fault detection and correction.
