LL Flex has announced it is realigning its executive management team, led by newly appointed CEO Victor Dixon, and will focus its assets in core markets following Centre Lane Partners’ (CLP) sale of the Oracle Packaging business in Winston-Salem. Headquartered in Louisville, Ky., LL Flex will remain a part of the CLP portfolio of companies.
The company plans to allocate resources to support continued growth, expansion into new lines of business and development of laminated materials solutions for the specialty markets, as well as the wire & cable, tobacco, and building & construction sectors. In the specialty segment, the company offers products include foil and paperboard laminates for scratch off lottery ticket stock, foil board for folding carton applications and foil laminated board for push through blister cards in the medical and healthcare industries.
Dixon brings many years of experience to LL Flex, with a particular emphasis on operating and accelerating growth in global packaging and industrial materials solutions. He has held a number of senior executive roles with both private equity backed and public companies, including spending a significant portion of his career with Alcoa/Reynolds where he previously led businesses in the company’s wire & cable, flexible packaging and aluminum converting segments. In addition, he has materials solutions and packaging experience, most recently as President and COO of Rondo-Pak, an affiliate company of German based Korber AG.
LL Flex does not anticipate significant changes to its manufacturing operations, nor any modifications to existing supplier agreements. For customers and vendors alike, the most visible change will be the refreshed corporate logo and a more market-focused website, it says.
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