About Nortech Packaging
Nortech Packaging is a company based in Schaumburg (United States) founded in 2003 by Dave Showman was acquired by IPG in February 2020.. Nortech Packaging offers products and services including TT-50 Vertical Cartoner, TT-600 Horizontal Cartoner, TT-1400E Case Erector, Tetristack Palletizer, and Flex7 Pouch Machine. Nortech Packaging operates in a competitive market with competitors including SupplyOne, ProMach, Syntegon, Tentoma and Winpak, among others.
- Headquarter Schaumburg, United States
- Founders Dave Showman
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Products & Services of Nortech Packaging
Nortech Packaging offers a comprehensive portfolio of products and services, including TT-50 Vertical Cartoner, TT-600 Horizontal Cartoner, TT-1400E Case Erector, Tetristack Palletizer, and Flex7 Pouch Machine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates vertical packaging for bottles and products
Handles high-speed side load cartoning up to 500 units
Forms cases with easy loading and glue systems
Stacks cases and products for efficient storage
Fills and seals pre-made pouches for various items
Creates automated mailers for shipping needs
Funding Insights of Nortech Packaging
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nortech Packaging
Nortech Packaging has secured backing from 1 investor. Prominent investors backing the company include IPG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Packaging solutions, machinery, and automation products are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nortech Packaging
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nortech Packaging
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nortech Packaging Comparisons
Competitors of Nortech Packaging
Nortech Packaging operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SupplyOne, ProMach, Syntegon, Tentoma and Winpak, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Customized packaging solutions and equipment are provided for diverse industries.
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| domain | founded_year | HQ Location |
Manufacturer of packaging machines across various industries
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| domain | founded_year | HQ Location |
Packaging machines are designed and manufactured by Syntegon.
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| domain | founded_year | HQ Location |
Automatic packaging machine manufacturer
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| domain | founded_year | HQ Location |
Packaging products are manufactured and distributed by Winpak.
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| domain | founded_year | HQ Location |
Designs and manufactures packaging machinery for pharma and cosmetics sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nortech Packaging
Frequently Asked Questions about Nortech Packaging
When was Nortech Packaging founded?
Nortech Packaging was founded in 2003.
Where is Nortech Packaging located?
Nortech Packaging is headquartered in Schaumburg, United States. It is registered at Schaumburg, Illinois, United States.
Who is the current CEO of Nortech Packaging?
Dave Showman is the current CEO of Nortech Packaging. They have also founded this company.
What does Nortech Packaging do?
Nortech Packaging was founded in 2003 and is based in Schaumburg, United States. Automated machinery is produced for cartoning, case packing, and palletizing processes within the packaging sector. Case erectors, formers, pre-made pouch machines, and tray packers are supplied, along with vision inspection systems, robotic simulation tools, and washdown equipment. Integrated systems and turnkey end-of-line solutions are provided to support packaging operations.
Who are the top competitors of Nortech Packaging?
What products or services does Nortech Packaging offer?
Nortech Packaging offers TT-50 Vertical Cartoner, TT-600 Horizontal Cartoner, TT-1400E Case Erector, Tetristack Palletizer, and 2 more products and services.
Who are Nortech Packaging's investors?
Nortech Packaging has 1 investor. Key investors include IPG.