Protective packaging provider Pregis is kicking off its anniversary year by launching next generation inflatable and foam-in-place solutions. These include an intelligent interface for IntelliPack's foam-in-place equipment (FIP) and AirSpeed Axis, HLX and HC Performance films.
During the past decade, Pregis has invested in multiple new material technologies and systems solutions, as well as in acquisitions designed to support the protective packaging needs of the marketplace. Milestones include the acquisition of IntelliPack (FIP systems) in 2010, Inter Pac (polyethylene sheet foam) in 2011 and Surface Guard (protective film, cohesive material and single-face corrugated) in 2013.
Pregis President and Chief Executive Officer Kevin Baudhuin stated: "We are excited to celebrate our 10th anniversary. The company was built on a foundation of more than 50-plus years of success under various names including Valcour, AVI, Richter, Plymouth Plastics, DuPont Microfoam, Tenneco and Pactiv. I'm proud of our customers and employees who have helped to make us a protective packaging industry leader over the past ten years."
Baudhuin continued, "As we look to the future, it is important to ensure that Pregis remains a financially strong company. Over the past several years we have experienced significant increases in our operating costs in areas such as utilities, freight and wage inflation. Margin management and pricing for full value will be very important as we continue to make significant investments in innovation and technology. These advancements are critical for meeting our customers' evolving needs."
In materials and equipment, Pregis was the first-to-market in 2008 with the first-ever, high-recycled content, air-cushioning bubble (Astro-Bubble Green). Other introductions over the past decade include: AirSpeed hybrid cushioning systems, IntelliPack FIP solutions, GeoSpeed Quantum compact, paper void-fill equipment and new high-pressure, patent-pending films for inflatable cushioning.