Over 10,000 machines installed in 120 different countries around the world
Econocorp – originally named Lee Packaging Machinery – was founded by Dick Lee in 1956 as a custom packaging machinery company. After more than a decade in business, Dick pivoted the business to a more defined product line when he realized Econocorp’s custom model wasn’t sustainable for meeting the needs of end users in a variety of industries and applications.
The company’s trajectory as an industry innovator started early in the 1960s. Before the introduction of hot melt glue, a common industry challenge for sealing end load cartons was the management of cold glue, which required long compression tunnels on the end of cartoners, thus taking up valuable floor space.
Dick’s solution was the Econoseal/TwinSeal a simple carton sealer that utilized a vertical compression chamber, decreasing the amount of floor space required. This innovation pushed the company into the world of secondary packaging, and the rest (as they say) is history.

From there, Dick and the Econocorp team continued to innovate by creating a carton erector, then tackled product load challenges before expanding into tray forming and case packing. In fact, most of Econocorp’s R&D was a result of the market asking for solutions to common industry problems, which continues to be a core area of focus to this day.
In 1997, Wayne Goldberg and Mark Jacobson purchased Econocorp from Dick with a promise: They would continue the company’s trajectory as a small, innovative family-owned entity. Wayne first joined the company as an intern in college, working in the machine shop making parts. Dick, who was impressed with his work ethic, offered Wayne a full-time role. In 1976, shortly after graduating from UMass Amherst with a degree in Accounting, Wayne joined the Econocorp team full-time. He would also go on to earn his MBA from Northeastern University in 1988. Throughout Wayne’s nearly 50-year tenure, he has provided invaluable guidance and leadership that have been critical to the long-term success of the company.
Although Dick and Mark are no longer with us, we know they are looking over us and remain proud of everything we have accomplished and the exciting road we have ahead.

60 Years of Packaging Excellence
We were humbled to be recognized by PMMI at PACK EXPO 2024 for our 60-year anniversary. Reflecting on this achievement and honor, our President and CEO Wayne Goldberg said:
“Thanks to our founder, Richard Lee and Mark Jacobson. Dick was an incredible mentor. Mark, was the brother I never had and an incredible business partner. They both shaped my leadership and vision for our company’s future. I want to extend my heartfelt thanks to the entire team for your commitment and for embracing our journey together. To Sam, it has been incredible to watch your development; you’ve truly exceeded my expectations. I wish you all the best as you continue Econocorp’s journey.”

Next Generation Family Leadership
We’re proud that Econocorp remains a family-owned company. In 2020, Wayne’s son, Sam Goldberg, joined Econocorp full-time after graduating from Northeastern University with a degree in Accounting and Economics. But that’s not Sam’s first experience with Econocorp. Much like his father before him, Sam has worked at the company since he was in high school, where he started building sub-assemblies and machines in the summers. Throughout high school and college, Sam has worked in every department and currently serves as Econocorp’s Chief Operating Officer and a key member of the Leadership Team, driving the company into an exciting future.

Dedicated Team Under One Manufacturing Roof
Econocorp is proud of our heritage as an innovative U.S. manufacturer that is vertically integrated to support the needs of our customers and the industries they serve. Every day, raw materials come in one end of our facility and our final machines come out the other.
That Made in America promise has been alive and well at Econocorp since 1956 thanks to our experienced team that is dedicated to providing best-in-class secondary and end-of-line packaging solutions.

What you can expect from our best-in-class team and facilities
- Applications team with over 100 combined years of experience ensuring the right Econocorp solution is offered
- Mechanical and electrical engineering team led by a 30-year Econocorp employee
- Fully integrated manufacturing facility with numerousteam members offering more than three decades of Econocorp experience
- Complete machine shop with over 12 different CNCs including Mills, Lathes, and a Router Table
- Full welding capabilities
- Electrical panel building, wiring, and programming
- Full assembly, testing and QC capabilities ensuring the equipment leaves our facility production-ready
- Third party components sourced from best-in-class trusted suppliers
A Culture of Family. A Culture of Excellence.
We believe it’s best to control our own destiny. We’ve assembled a team of tenured experts and craftsmen because of our commitment to building best-in-class products in a working environment that takes care of our team members.
Together, our team operates as a dedicated and passionate engine that builds the highest quality packaging machinery possible. Over 50% of our team members have been with us for 15 years or more, including numerous families that work together within our team.
Some of Econocorp’s most notable achievements include being presented a Presidents E-Star award for export excellence in the 1980s, being one of the only PMMI member companies to ever have two individuals serve as chairman of the PMMI board of directors (Dick in 1987, and Mark in 1997), and expanding our manufacturing space to 40,000-square-feet in 2003.
Today, Econocorp continues to design and manufacture in the same building we have been in since 1982, come find out for yourself what makes this team so great!

Econocorp’s Core Values
Succeed Together
Humbly Confident
All In
Take Initiative




