Exact Packaging, Inc.

In 2002, Exact Packaging, Inc. occupied a leased facility that would soon be up for sale. Upon the passing of the company’s founder and co-owner, Jim Vonderhorst in August of 2002, Linda Fulginiti thought the business had two to three years to identify the company’s direction regarding expansion of product lines, where the best location would be for the future business, and whether to continue to lease or to build their own facility. Based on a recommendation, Linda called YCEDC to learn of available economic development financing options.

Relocation plans were accelerated in winter of 2003 when the roof collapsed from heavy snow. This prompted a call to Kenetha Hansen, Vice President of Community and Economic Development, to let her know the company’s expansion plan would have to be accomplished in months instead of years.

After the collapse of the roof, EPI moved their operations to the corner of Tyler Run and Queen Street for about a year while its new facility in the Stonebridge Industrial Park in New Freedom was under construction. 

YCEDC administered a $600,000 Pennsylvania Industrial Development Authority loan and $1.1 million in tax-exempt financing via the York County Economic Development Corporation and York County Industrial Development Authority respectively.  This competitive financing package created a below market rate for the $2m+ project.

The company was started in 1980 with one employee in Sparks, Maryland by the late Jim Vonderhorst.  Over the years, the business has grown and now employs 24 full-time employees. This world class manufacturer of labeling and inserting machines has numerous Fortune 100 businesses in its customer base.  

EPI, as they are known in the marketplace, specializes in design, manufacturing and distributing of labeling and inserting systems.  In addition to selling the labeling and/or inserting machines to other companies, EPI also has a leasing program for its products. Some of the applications of EPI’s products include labeling on cartons and/or case packaging; labeling on flexible packages; inserting coupons, recipes, promotions, liquid pouches, toys, cubes and other products into consumer packages.

“Any business in York County that has plans to build or expand their business should start with the EDC to find out what is available and how [YCEDC] can help.  The guidance and help Kenetha Hansen gave our Controller, Yvonne Ranieri, and myself in coordinating the various financing packages was indispensable. Without this help we would not have been able to accomplish everything we did in the short period of time we had to work with. The YCEDC became an extra leg to our business” attests Linda Fulginiti, President, Exact Packing, Inc.