Oracle Packaging, a leading innovator in packaging solutions in the flexible packaging market, has added a Davis-Standard extrusion line as part of a capital investment at its Winston-Salem, North Carolina facility. The investment expands Oracle’s industry-leading extrusion technology and will bring new capabilities and capacity to their customers.
The new line is expected to double Oracle’s extrusion capacity.
The extrusion line is the largest investment in Oracle’s business in recent years. 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 economics. The marketplace is becoming more and more challenging and technology investments are required to meet the expectations of our customers.”
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