11/5/2015 - New Investments Lead to Carton Expansion
A few years ago, The Challenge Printing Company decided to expand its portfolio of product offerings by manufacturing folding cartons. Our deep understanding of the pharmaceutical industry led us to identify a significant void in the marketplace: as several macro trends converged to greatly reduce average order quantities, there was a significant need for cost effective, short-run carton production. We leveraged our experience in digital printing to create a state-of-the-art manufacturing process that enabled us to diminish setup charges and tooling expenses; as a result, we started manufacturing from a handful to a few thousand cartons, cost-effectively and within lead times of just a few days.
Our success in this market was unprecedented! Our customers entrusted us with their short-run carton requirements, enjoying the resulting benefits of digital printing: cost reduction, short lead time and the highest possible graphics quality. Quickly though they started asking for more. In an attempt to further consolidate their supply base, pharmaceutical manufacturers insisted that we handle their larger volume carton orders as well. This opportunity led to our latest round of multimillion dollar capital investments in order to further enhance our carton manufacturing capabilities by expanding the types of orders that we can produce efficiently. In the last few months we have acquired equipment to do just that. The results have been extremely successful. Our customers are now able to enjoy the benefits of using a single source for all their packaging component requirements, such as labels, leaflets and folding cartons, produced at either one of our electronically linked, ISO-certified locations.