Packaging firm expects continued growth
- July 29, 2009
Unemployment in the Danville area is in double digits, but at one least one company, Infinity Global Packaging, isn’t laying off workers. In fact, it is hiring.
Infinity is a 4-year-old company that oversees the production of bags, boxes, tissue, labels and other branded packaging for luxury and specialty retailers worldwide. The company’s CEO is Ron Palmer, a graduate of Averett University.
“The economy has obviously hit the retail market hard globally, but for us, what we’re seeing is that luxury retailers in particular are looking outside the status quo to see if they can make business decisions that give them greater efficiencies and greater value,” says Chrystal Telfian, the company’s director of business development. “And we offer them that.”
Infinity provides luxury retailers of clothing, shoes, handbags, jewelry and other items a one-stop shop for everything related to branded packaging — from development to logistics to production to store-door delivery.
One benefit that draws customers is the Infinity Global Information System (IGIS), a Web-based tracking system that enables customers to manage their accounts. “They can go on from wherever they are and immediately see how much packaging they have at every point in the supply chain, so they know immediately what their exposure is financially,” Telfian explains. “Our customers really appreciate that.”
Infinity moved from another Danville site to a renovated building in Danville’s Tobacco Warehouse Historic District a year ago. It has 30 local employees and another 20 in sales and distribution offices in Switzerland, the Netherlands, Hong Kong, Vietnam, South Korea, China and the United States.
The privately held company has well-known customers in the U.S., Asia and Europe, but Telfian can’t disclose their identities because of confidentiality agreements. To protect its clients against a growing trade in counterfeit goods, Infinity also offers brand protection services. Among its services: strong information security systems, dedicated areas of production for each customer in domestic and overseas factories and anonymous labeling.
Infinity averaged 500 percent growth in its first three years. Telfian says Infinity’s growth will be flat this year, but company officials still expect to meet its goal of having 86 employees working in Danville within the next four years.
“We think we’ve got a very bright future,” she says. “Long-term, we want to be the premier provider of packaging solutions for all luxury brands worldwide. We’re not putting a limit on it.”