Posted by John Kalkowski -- Packaging Digest, 12/5/2011 9:56:25 AM
Salt Lake City, UT — Packsize International has announced that the company holds position No. 60 on the Forbes magazine's list of America's Most Promising Companies. This list features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners, and precious investment capital.
Reflecting on his company's progress to date, Packsize CEO and founder Hanko Kiessner commented: "Nine years ago, for the first time in history, our customers could make their own boxes without investing their precious capital into equipment, maintenance, and programming. Five years later, we introduced our award-winning business model in Europe.
Today, the Packsize business model is emerging as a new industry: On Demand Packaging. This sustainable approach to packaging reduces the world's shipping volume for millions of e-commerce customers by roughly 40 percent. Forbes' recognition reflects our progress on many fronts and of the contributions of our entire Packsize team, whom I'm tremendously proud to represent."
Packsize resolves inventory and shipping complexities through the ability to create a custom-sized box for every product a company ships. This efficient, cost-effective, and just-in-time system of packaging machines increases total savings by an average of 35 percent. A leading sustainable business practice, this custom packaging solution results in less waste, lower shipping costs, decreased damage rates, and increased customer satisfaction.
"Sizing up younger, privately held companies is hard: their fortunes can change very quickly and there's a dearth of public data," says Forbes Executive Editor Brett Nelson. "We took a more comprehensive approach to evaluate their health and potential."
To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. Their complex software called Mosaic mines a myriad of more - online sources (from press releases and social networks to job boards and court filings) to come up with one, algorithmically derived score that measures a private company's health. Forbes married Mosaic's data-crunching with old-fashioned reporting to assemble a list of rising stars with bright growth prospects. To view the complete the list, please visit http://www.forbes.com/ampc.
SATO is a pioneer and leading global provider of integrated Automatic Identification and Data Collection solutions that leverage barcode and RFID technologies. SATO manufactures innovative, reliable auto-identification systems and offers complete...
more
ECONOCORP, INC. is a leading worldwide manufacturer of ECONOSEAL cartoning, trayforming, and casepacking caters to moderate volume users and features simplicity in design, operation, and maintenance. ECONOSEALS handle paperboard and corrugated...
more
QuickLabel Systems makes and sells digital color label printers and barcode label printers for use by manufacturers of foods, beverages, pharmaceuticals, chemicals, and more...
more
Bosch Packaging Technology, Inc. is one of the world's leading suppliers of packaging machinery. Our diverse portfolio of packaging machines, including the well known Doboy brand, includes robotic automation with pick & place robots (delta robots)...
more
Hitachi America Ltd., Industrial Components & Equipment Division, supplies a broad range of industrial products and services. The division supplies sophisticated industrial equipment, components and services for application in pharmaceutical...
more
Markem-Imaje is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, print and apply label systems and RFID-based systems. Markem-Imaje...
more
Fogg is a world leader in the design and manufacture of rotary filling, rinsing, capping and enclosure systems for free flowing and viscous liquids. Fogg serves a growing number of dairy, spirits, water, food and beverage, pharmaceutical and...
more
Markem-Imaje is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, print and apply label systems and RFID-based systems. Markem-Imaje...
more
Microscan develops barcode and machine vision products that help manufacturers reduce costs, increase yields, improve product quality, and comply with regulations. Designed for precision applications, Microscan's line of 1D and 2D barcode readers...
more
Thermo Scientific Product Inspection and Processing equipment protects your brands by ensuring the quality, accuracy, efficiency and safety of your products. With more than 50 years of making sure little things don't turn into big problems, we know...
more
DOMINO is one of the world's largest manufacturers of digital printing solutions and is publicly traded on the London Stock Exchange. Our products are used for date coding, product marking, serialization and variable printing. Among our customers...
more
Teledyne DALSA is a world leader in the design, manufacture and deployment of digital imaging components for the machine vision market. Teledyne DALSA image sensors, cameras, smart cameras, frame grabbers, software and vision solutions are used in...
more
VIEW ALL GALLERIES
