Promoting U.S. Manufacturing and Sustainability Through Innovative Technologies and Products
Los Angeles, USA
Pasaca Capital’s portfolio company KraftPal Technologies, a global leader in sustainable pallet solutions, celebrated the grand opening of its new production facility in Ontario, California, on November 14. This advanced automated plant, equipped with KraftPal’s cutting-edge Palletonator technology, has an annual production capacity of up to 1.5 million eco-friendly corrugated cardboard pallets. This milestone underscores a significant advancement for the logistics industry in reducing carbon footprints and embracing sustainable practices.
Dr. Charles Huang, Founder and Chairman of Pasaca Capital, a major shareholder of KraftPal, joined government officials, industry leaders, and sustainability advocates to commemorate this significant occasion. The event highlighted how KraftPal’s revolutionary technology is accelerating the transition to a greener future for the logistics sector.
Attendees experienced a live demonstration of the Palletonator, KraftPal’s fully automated production system. This innovative machine produces hundreds of customizable pallets per hour, which are 80% lighter than traditional wooden pallets. These pallets offer significant cost savings in transportation fuel, superior shock absorption, and enhanced hygiene standards, making them a cleaner, greener alternative to conventional wooden pallets.
Dr. Huang remarked, “We are committed to manufacturing in the US, particularly in California, where our global headquarters and homes are located. Our investment in KraftPal reflects our philosophy: supporting portfolio companies with cutting-edge technologies and products that meaningfully benefit the planet and their customers.”
As a “social ecological entrepreneur”, Dr. Huang has consistently championed innovative business models to tackle global environmental and societal challenges. From implementing breakthrough COVID-19 rapid testing strategies to founding Innova NanoJet for advanced air purification systems and now supporting KraftPal’s transformative initiatives in North America, Dr. Huang’s dedication to sustainability remains unwavering.
The Ontario facility strategically positions KraftPal Technologies at the center of Southern California’s logistics hub, ensuring quick and efficient service to markets across the U.S. and Mexico. Martin Fishman, President of KraftPal USA, stated, “Our mission to disrupt the global pallet industry with environmentally friendly solutions is now in full swing in the U.S., and this facility will play a crucial role in helping businesses meet their sustainability goals. With our groundbreaking technology and the growing demand for sustainable solutions, we are now ready to accelerate supply chain transformation across North America.”
KraftPal’s clients span diverse industries, including automotive, pharmaceuticals, and retail. The opening of the new plant marks another step forward in helping businesses achieve their sustainability goals while driving innovation in the logistics industry.
KraftPal Technologies
A UK-based leader in sustainable pallet solutions, produces lightweight, recyclable cardboard pallets as an eco-friendly alternative to wood, reducing carbon footprints and deforestation. Its innovative Palletonator technology enables scalable, customizable production, transforming logistics for a greener future.
Learn more at www.kraftpal.com
About Pasaca Capital, Inc.
Pasaca Capital Inc. is a California-based private equity investment firm focused on innovative technologies and products that improve the human condition. With a focus on medical devices, pharmaceuticals, TMT, industrial & automation, and food sectors, Pasaca’s portfolio companies and operations span globally.
Pasaca has long upheld the ESG investment philosophy of “Caring for humanity, building a healthier planet,” driving numerous innovative advancements. This mission has also earned its founder and CEO, Dr. Charles Huang, the honor of being named one of “2024 Forbes China 100 Most Influential Chinese.”
Learn more at www.pasacacapital.com
Dr. Huang remarked, “We are committed to manufacturing in the US, particularly in California, where our global headquarters and homes are located. Our investment in KraftPal reflects our philosophy: supporting portfolio companies with cutting-edge technologies and products that meaningfully benefit the planet and their customers.”
As a “social ecological entrepreneur”, Dr. Huang has consistently championed innovative business models to tackle global environmental and societal challenges. From implementing breakthrough COVID-19 rapid testing strategies to founding Innova NanoJet for advanced air purification systems and now supporting KraftPal’s transformative initiatives in North America, Dr. Huang’s dedication to sustainability remains unwavering.
The Ontario facility strategically positions KraftPal Technologies at the center of Southern California’s logistics hub, ensuring quick and efficient service to markets across the U.S. and Mexico. Martin Fishman, President of KraftPal USA, stated, “Our mission to disrupt the global pallet industry with environmentally friendly solutions is now in full swing in the U.S., and this facility will play a crucial role in helping businesses meet their sustainability goals. With our groundbreaking technology and the growing demand for sustainable solutions, we are now ready to accelerate supply chain transformation across North America.”
KraftPal’s clients span diverse industries, including automotive, pharmaceuticals, and retail. The opening of the new plant marks another step forward in helping businesses achieve their sustainability goals while driving innovation in the logistics industry.
KraftPal Technologies
A UK-based leader in sustainable pallet solutions, produces lightweight, recyclable cardboard pallets as an eco-friendly alternative to wood, reducing carbon footprints and deforestation. Its innovative Palletonator technology enables scalable, customizable production, transforming logistics for a greener future.
Learn more at www.kraftpal.com
About Pasaca Capital, Inc.
Pasaca Capital Inc. is a California-based private equity investment firm focused on innovative technologies and products that improve the human condition. With a focus on medical devices, pharmaceuticals, TMT, industrial & automation, and food sectors, Pasaca’s portfolio companies and operations span globally.
Pasaca has long upheld the ESG investment philosophy of “Caring for humanity, building a healthier planet,” driving numerous innovative advancements. This mission has also earned its founder and CEO, Dr. Charles Huang, the honor of being named one of “2024 Forbes China 100 Most Influential Chinese.”
Learn more at www.pasacacapital.com