Designed and developed in conjunction with extrusion technology specialist Davis Standard, the new extrusion line is the largest investment in the business in quite some time. The project was officially completed in December and its first products have already been delivered to customers.
The decision to make this investment was two-fold, according to Oracle CEO,Jim Squatrito. “As a part of our strategic planning process, we recognized the need for an investment that would meet the increasing demands of our customers in terms of sealant performance and improve overall economics," he says. " The marketplace is becoming more and more challenging and technology investments are required to meet the expectations of our customers.”
Oracle is a manufacturer of flexible-packaging laminates, relied upon worldwide by leading companies within global markets including healthcare, pharmaceutical, food, dairy, household and personal care, tobacco and industrial. Combining specialized aluminum foil, steel, film, paper, resin, adhesive and printing capability, Oracle manufactures custom lid stock, pouch stock, cable armoring, and building products requiring specific barrier and sealant performance for some of the most valued brands in world. Oracle Packaging is a portfolio company of Centre Lane Partners.