LLFlex, a Louisville, KY-based global packaging company and portfolio company of Centre Lane Partners, a NY-based private investment firm, has appointed Larry Posner as Executive Chairman and member of the LLFlex Board of Directors.
LLFlex is a global leader in packaging materials and industrial laminate solutions for the consumer packaging, building & construction, and wire & cable industries.
Mr. Posner joins after four years as a member of Centre Lane Partners’ inhouse Portfolio Operations Team.
Mr. Posner has been an integral member of the LLFlex executive management team over the previous six months, having previously served as the Company’s interim CFO.
“We look forward to working with Larry in his new role at LLFlex and believe that he can help the Company take advantage of the exciting opportunities that lie ahead and grow the Company over the next few years,” said Quinn Morgan, Co-Founder and Managing Director at Centre Lane Partners.
“Providing extensive experience and a dedicated focus to the business, Larry’s input from the outset has contributed to the wider company vision and future growth strategy. He will continue to work with our executive team to ensure deployment of a multitude of strategic business initiatives. I am delighted to welcome Larry Posner to the team,” said Victor Dixon, CEO at LLFlex.
Prior to Centre Lane Partners, Mr. Posner was a Managing Director at Alvarez & Marsal, focusing on Interim CEO roles and performance improvement initiatives with private equity owned companies.
Mr. Posner joins LLFlex during an extensive expansion period, including rapid scale-up at its new 73,500-square-foot fully integrated manufacturing facility in High Point, North Carolina. The plant houses high-speed, premium-efficiency equipment for custom laminating, coating, embossing, and slitting to address growing product demand. The facility utilizes state-of-the-art automated slitting and packaging robotics to provide short lead times and customized solutions.
About LLFlex, LLC
LLFlex, LLC is a leader in packaging materials and industrial laminate solutions for the building & construction, wire & cable, and consumer packaging & other printable substrate markets. The Company has manufacturing operations in Kentucky and North Carolina. LLFlex has sales and supply chain offices in the US, UK and China and markets its products through its network of global agents and partners.
LLFlex’s extensive laminating experience with various substrates makes the Company a preferred supplier of materials for many consumer product industries. LLFlex manufactures various paper, board, foils, films, metallized and holographic laminates for flexible packaging applications such as folding carton basestock, lotto/gaming board, convolute canister stock, gift wrap and various other applications. The Company is North America’s largest supplier of cigarette inner liner materials and also produces printed innerframe.
For the building & construction sectors, LLFlex provides a full line of laminated insulation and radiant barrier facers designed to meet the industry’s requirements for gas & moisture barrier, product adhesion, reflectivity, durability, and longevity. For the wire & cable industry, the Company’s line of cable armor, wraps and tapes includes mono and co-ex layered film formulations using proven, high-quality resins throughout the structure for consistent, reliable long-term performance. For more information, call (800) 634-3645 or visit www.llflex.com.