Pack Industries Inc. $($the $$Company$)$ is a

PACK $2000$

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$$global packaging and material handling equipment$$company with manufacturing, sales and service facilities throughout North America, Europe, and$$Asia$.$ It is developing a new packaging machine $($Pack $2000)$ that will replace industry legacy$$packaging machinery and targets companies in the food and beverage sector. The Pack $2000$ will$$streamline the packaging function of customer operations which will reduce costs and increase$$production efficiency. Company management has estimated that the overall market for Pack $2000$could be about $10,000$ units. Management research indicates that competitors are also developing$$similar types of machines.