Packsize

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Packsize International LLC
Founded2002
Headquarters
Salt Lake City, Utah
Key people
  • Rod Gallaway, CEO
  • Hanko Kiessner, Founder
  • Greg Caldwell, CMO
  • Brent Cowan, CFO
  • Sue Urses, CHRO
Websitehttps://www.packsize.com

Packsize is an American corrugated material manufacturer and on-demand packaging system provider for businesses with complex corrugated packaging needs. The business is headquartered in Salt Lake City, Utah and has operations in United States, Canada, United Kingdom, Germany, and the Scandinavia . It serves customers in 21 countries.[1]

History[edit]

Packsize International LLC was founded in the USA in 2002. In 2007, Intermountain West investment firm Peterson Partners made
a $4.6 million investment in Packsize.[2] Packsize founder Hanko Kiessner received the Ernst & Young Entrepreneur of the Year Award 2008 in the Manufacturing/Distribution category in the Pacific Northwest.[3] In 2020, Rod Gallaway was appointed CEO of Packsize.[citation needed] In September of 2022, the company added Greg Caldwell as its first Chief Marketing Officer.[citation needed]

Business model[edit]

Packsize established Right-sized Packaging on Demand as its business model.[4] Through this model, Packsize retains ownership of its technology giving the company a long-term stake in its customers’ packaging performance as well as continued revenue.[5] p .[6] T [7]

Packsize’s Right-sized Packaging on Demand business model includes using its On Demand Packaging system. Packsize coined the term On Demand Packaging to identify and distinguish its unique system from typical box systems. The On Demand Packaging system eliminates the need for large inventories of pre-ordered cardboard boxes and minimizes the amount of packaging filler needed, if any. Packsize’s On Demand Packaging system includes a box-making machine, software and corrugated material. Product dimensions are entered into the box-making machine. The machine cuts, creases and scores the corrugated material to the exact specifications to create a customized box specifically optimized for the product. As a result, less packaging material and void fill are required to safely package items. The On Demand Packaging system also reduces the space required for packaging material inventory and shipping costs.[8]

References[edit]

  1. ^ Stewart, Heather; Little, Candace (September 2010). "Fast 50". Utah Business. Archived from the original on 2011-05-18. Retrieved 2011-06-10.
  2. ^ Deseret News (December 11, 2007). "Peterson Partners puts $4.6 million into Packsize". Deseret News. Archived from the original on 2012-10-23.
  3. ^ Modern Woodworking (June 2008). "Packsize's Hanko Kiessner Named Ernst & Young Entrepreneur of the Year 2008 Award Recipient in the Pacific Northwest". Modern Woodworking. Archived from the original on March 25, 2012.
  4. ^ Inc. Magazine (2009). "Inc.com". Archived from the original on 2010-08-19. Retrieved 2011-06-10.
  5. ^ Young, Mark (October 2010). "What are you packing?". Retrieved 2011-06-10. www.themanufacturer.com [dead link]
  6. ^ Rogers, Lorie King (2011-01-19). "Mity-Lite uses on-demand packaging". Modern Materials Handling.
  7. ^ Maloney, David (November 24, 2010). "10 Ways to Boost DC performance with cubing/weighing systems". DC Velocity.
  8. ^ Brooks, Brandon. "On Demand Packaging Recognized by Forbes". blog.packsize.com.{{cite news}}: CS1 maint: url-status (link)

External links[edit]

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