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News | 1 min read

Packaging company TemperPack names new CEO amid product line expansion

July 31, 2023

TemperPack

Henrico-based packaging company TemperPack Technologies has a new top boss at the helm as it steers parts of its production methods into new territory.

Veteran energy industry executive Peter Wells took over as the firmโ€™s CEO last month, becoming its second chief executive in as many years.

Wells replaces Bob Beckler, who was TemperPackโ€™s CEO from mid-2021 to this past January. Wells comes aboard as the company expands its offerings beyond its original flagship ClimaCell product, an insulating packaging liner that the company markets as an environmentally friendly alternative to Styrofoam.

Its new initiative, dubbed WaveKraft, is a packaging-manufacturing machine placed on the warehouse floors of TemperPack clients that allows them to produce insulation-panel packaging in-house.

TemperPack launched the first wave of the new units this year, leasing them to customers who use paper purchased from TemperPack to make WaveKraft insulation panels.

TemperPack pitches WaveKraft as a way for customers to save space at their distribution centers, because the panels can be made on demand. It also gives TemperPack a means to reach customers in a way that avoids the costs associated with shipping already-made products.

Read the full story here.

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