Tek Pak, Inc.
St. Charles, IL 504 Loans Client
Tek Pak was founded in 1992 by two executives from the thermoforming industry to produce specialized electronics packaging called carrier tape. Tek Pak’s first carrier tape producing machine was built in the home garage of one of the partners. Shortly thereafter, Tek Pak moved into its current facility in Batavia, IL in 1994, and began shipping product locally. In 1996, Tek Pak introduced the industry-changing 72-hour prototyping service for carrier tape, which opened up opportunities around the world. By providing new carrier tape designs quickly to the burgeoning electronics and telecommunications markets, Tek Pak became known as the company that provides high-quality custom carrier tapes rapidly. It was indeed a heady time for Tek Pak in the 1990’s, experiencing double-digit growth year after year. Tek Pak was producing custom carrier tape for end users like Motorola and Ericsson, and was shipping significant amounts of carrier tape to Asia as well. By 1997, 30% of Tek Pak’s business was export and Tek Pak won an SBA Exporter of the Year Award for that achievement.
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