ONPACK INVESTS IN DIRECT-TO-CAN
Onpack has installed a Hinterkopf direct-to-can digital printing line, with finance provided by Finlease, as the company builds a new canning division.
Onpack says the investment in the Hinterkopf 240.2 will “transform the flexibility and turnaround times” for can decoration.
The Hinterkopf will print 240 cans a minute, with nine printing units including CMYK, white, orange, violet, green and varnish. It enables 360° printing with no overlap.
When Onpack needed market finance options available to meet its ambitious investment, it worked closely with the Finlease team to determine and decide on the best solution for its needs.
Michael Nankervis, managing director of Onpack, said, “Finlease made the process simple, and was able to present multiple compelling funding options, which allowed Onpack to remain focused on commissioning the new equipment and building the new canning division.”
Independent Australian-owned Finlease is one of the major finance providers to the printing industry, with clients across the trade, from the biggest names including the IVE Group, Rawson, Centrum and Ego, and including a long list of smaller printing companies and local franchise print shops.
The 100-employee Finlease was established 35 years ago, and now has 13 staff working in a dedicated technology division which handles the print industry. Well known industry figure Michael Gillis, who had 27 years with Fuji Xerox and seven years with HP Indigo, recently joined the company.
It is now looking to ramp up its service to the print and packaging industry, particularly as drupa approaches. Adam Fittler, national technology manager at Finlease, said, “With the drupa trade show only eight months away, and the dramatic expansion in technology options set to continue to grow, its set to be a busy few years ahead for the printing industry. With Finlease’s support and passion for the industry, we will be getting behind the print businesses of Australia between now and drupa, to help printers get the best finance options they can in place.”