April 21, 2008 Pack-Smart announcement

Ontario packaging company thinks outside the box McGuinty government helps pioneering company grow, create jobs

Minister of Economic Development and Trade Sandra Pupatello announced a loan of $790,000 to Toronto-based packaging systems company Pack-Smart.

The support, provided under the government's Advanced Manufacturing Investment Strategy, will help the company develop a new line of its unique packaging technology.

Click here for the event webcast.

Click here to read the news release and backgrounder.

Left to right: Irena Dlugosh-Ostap, Vice-President, Pack-Smart Inc., Minister Pupatello and Derek Dlugosh-Ostap, President, Pack-Smart Inc.

Company President Mr. Dlugosh-Ostap describes to the Minister how Pack-Smart technology enables the company's customers to cut processing times, use new eco friendly plastics and adhesives and save raw materials, while improving package appearance.

Minister Pupatello with the Pack-Smart team. Out of its current staff of 25, Pack-Smart employs six mechanical design engineers who focus on developing the company's next generation of products.