Vergennes, VT

ADK Packworks

Background

ADK Packworks was an innovative bag and pack company that used the classic, iconic Adirondack pack basket for design inspiration. Adk Packworks was acquired by New Adk in August, 2017. The Company's product line was first made available on the website (www.adkpackworks.com), and in on-line stores like Amazon.com, Grommet.com, Uncommon Goods as well as regional retailers such as the Saranac Lake Community Store and the Mountaineer in Keene Valley, and now many others.

Initial Contact and Pitch Session

ADK Packworks was Point Positive's first investment. The Adk Packworks team made their presentation to member investors at Point Positive's inaugural Pitch event held in July 2017 at The Wild Center.

Investment

$150,000 from three Point Positive members in the form of convertible notes.

Job Creation and Benefits

The bags provide a well-designed, durable, and washable alternative to single-use plastic bags while celebrating the important role that the original pack basket played in the Adirondack's history.

arrow

Confluent Energies Inc.

arrow

Wholeshare

 
Melinda L. Little, Coordinator
PO Box 1281, Saranac Lake, NY 12983
...
Phone: (518) 354-0202