Metropak Company Profile

Background

Overview

Metropak is a leading manufacturer and supplier of custom-made paper and plastic packaging solutions, specializing in promotional products such as tote bags, poly mailers, and reusable bags. With over 30 years of experience, the company has established itself as a trusted partner for distributors seeking high-quality, customizable packaging options. Metropak is co-owned by Eric Grossman and Edward Hanson, who have been friends since elementary school and have been integral to the company's growth and success.

Mission and Vision

Metropak's mission is to provide innovative and sustainable packaging solutions that meet the diverse needs of its clients. The company's vision is to lead the industry in customer satisfaction, product quality, and environmental responsibility.

Primary Area of Focus

The company's primary focus is on the design and production of custom-made tote bags and other packaging products tailored to the specific requirements of its clients. Metropak emphasizes low minimum order quantities, allowing distributors to offer affordable, high-quality products to their customers.

Industry Significance

Metropak holds a significant position in the packaging industry, particularly in the promotional products sector. Its commitment to quality and customer service has earned it a 5-Star ASI rating and an A+ rating from SAGE, making it one of the highest-rated bag suppliers in the industry.

Key Strategic Focus

Core Objectives

Customer Satisfaction: Prioritizing exceptional customer service to build long-term relationships with distributors and end-users.

Product Innovation: Continuously developing new products and materials to meet evolving market demands and sustainability goals.

Sustainability: Integrating eco-friendly practices into manufacturing processes and product offerings to reduce environmental impact.

Specific Areas of Specialization

Custom Tote Bags: Offering a wide range of customizable tote bags with various sizes, materials, and printing options.

Sustainable Packaging Solutions: Developing products made from recycled materials, such as RETHINKPoly™, which contains 90% recycled content.

Key Technologies Utilized

Flexographic Printing: Employing advanced printing techniques to achieve high-quality, multi-color designs on packaging products.

Solventless Adhesive Laminations: Utilizing eco-friendly laminating processes to bond various substrates, enhancing product durability and sustainability.

Primary Markets or Conditions Targeted

Promotional Products Industry: Supplying customizable packaging solutions for promotional events, corporate giveaways, and retail packaging.

Sustainable Packaging Market: Catering to businesses seeking eco-friendly packaging options to align with environmental initiatives.

Financials and Funding

Funding History

Specific details regarding Metropak's funding history, total funds raised, and recent funding rounds are not publicly disclosed. The company operates as a privately held entity, and such financial information is typically confidential.

Notable Investors

As a privately held company, Metropak does not publicly disclose information about its investors.

Intended Utilization of Capital

While specific details are not publicly available, it is likely that any capital raised is utilized for:

Product Development: Investing in the creation of new packaging solutions and materials.

Manufacturing Expansion: Enhancing production capabilities to meet growing demand.

Sustainability Initiatives: Implementing eco-friendly practices and technologies in manufacturing processes.

Pipeline Development

Metropak's pipeline development focuses on:

Product Innovation: Introducing new packaging products, such as the RETHINKPoly™ line made from 90% recycled content.

Sustainability Enhancements: Developing and integrating sustainable materials and processes to reduce environmental impact.

Market Expansion: Exploring new markets and applications for existing products to drive growth.

Technological Platform and Innovation

Proprietary Technologies

RETHINKPoly™: A material made from 90% recycled content, offering an eco-friendly alternative to traditional packaging materials.

Significant Scientific Methods

Flexographic Printing: Utilizing advanced printing techniques to achieve high-quality, multi-color designs on packaging products.

Solventless Adhesive Laminations: Employing eco-friendly laminating processes to bond various substrates, enhancing product durability and sustainability.

Leadership Team

Eric Grossman: Founder and CEO. With over 30 years in the industry, Eric has been instrumental in Metropak's growth and success.

Edward Hanson: Co-Owner and Vice President. Edward has been with Metropak for over 30 years, contributing significantly to its operations and strategic direction.

Russell Walker: Vice President of Finance. Russell oversees the company's financial operations, ensuring fiscal responsibility and strategic investment.

Competitor Profile

Market Insights and Dynamics

The packaging industry, particularly the promotional products sector, is characterized by a diverse range of suppliers offering various products and services. Sustainability is a growing trend, with businesses increasingly seeking eco-friendly packaging solutions.

Competitor Analysis

Prime Time Packaging: Specializes in custom packaging solutions, offering a range of products similar to Metropak.

The Bag Ladies: Focuses on custom tote bags and promotional products, catering to a similar market segment.

Kal Pac: Provides packaging solutions with an emphasis on sustainability and custom designs.

Strategic Collaborations and Partnerships

Metropak has engaged in strategic collaborations to enhance its product offerings and market reach. For instance, the company has been recognized as one of the best workplaces in the industry, indicating strong internal partnerships and a positive organizational culture.

Operational Insights

Metropak's commitment to quality and customer service differentiates it from competitors. The company's focus on low minimum order quantities and sustainable products positions it favorably in the market.

Strategic Opportunities and Future Directions