If you’ve ever ordered something online, you’re familiar with opening a box to discover 75% of the space filled with packing peanuts or air packs. Hanko Kiessner, Packsize CEO, saw that space and recognized a market opportunity, creating Packsize to help facilities produce perfect-size packaging on demand.
“If you look around and see what companies are using, hardly any box ever fits unless it is for a consumer product which is produced in hundreds of thousands or tens of thousands of the same kind.”
– Hanko Kiessner
On-site, on-demand packaging means no stocking box inventory, the perfect fit every time, and most importantly, fewer resources being used. From day one, Hanko saw it as his responsibility to change the packaging industry – not just for customer convenience or business gain, but to help the environment.
“We use about 28% less corrugated every time we make a box compared to the traditional boxes. We don’t need any more filling material. The shipping cost is significantly reduced because now we use 40 to 50% less shipping volume. So if you look at it from that perspective, we’re actually eliminating up to 40% of all freight trucks, freight planes, [and] delivery vans.”
– Hanko Kiessner
Part of their mission for environmental change also means not passing expenses onto their community in the form of pollution. To ensure they’re keeping to their mission, Packsize uses technology to help track customer usage and its positive impact on the environment.
Hanko doesn’t stop there. His company also offers free charging stations for employee electric vehicles and uses solar-powered energy throughout the office.
“Hanko is so enthusiastic about what the company is trying to do and the difference that it is making that it literally energizes everyone who’s involved with the company.”
– Rob Hansen, Partner at Peterson Partners
He’s even started a non-profit with other Utah business leaders called Leaders for Clean Air in an effort to encourage other business to follow his green lead. And Hanko’s efforts are certainly paying off. His company started in 2002 with just two employees and now operates as a multi-hundred million dollar company with consistent annual growth at over 35%.
At Peterson Partners, we believe that a good investment does good. And that’s what made Packsize a natural fit for us. Learn more about Hanko and see the power of capital in action by visiting the Packsize website.