The Sigma Plastics Group merges ISO Poly Films and Flexsol Packaging divisions into the new ISOFlex Packaging unit

ISOFlex Packaging to consist of six locations with capacity additions planned

December 1, 2015 (Pompano Beach, FL) - The Sigma Plastics Group, North America's largest privately held film and sheet manufacturer - announced today that it will be merging ISO Poly Films and Flexsol Packaging into a new operating division to be named ISOFlex Packaging. Previously, ISO Poly Films had been operating two locations based in Vancouver, WA and Gray Court, SC. Flexsol Packaging had been operating four locations based in Pompano Beach, FL, Statesville, NC, Nashville, TN, and Chicago, IL. The name change will take effect January 1, 2016.

ISOFlex Packaging will consist of the above mentioned six locations and will have a total film and bag capacity of 350 million pounds before any planned expansions. ISOFlex capacity addition plans include six new coextrusion lines ranging between 3 and 7 layers to be installed at four of the locations over the next year. ISOFlex will continue to service the same markets and customers that the former divisions had in the past. These markets include the specialty plastics film and bag markets for shrink, barrier, laminating, printing, coating, converting, and can liners. End use markets include food and beverage, consumer packaging, industrial, Jan/San, and agricultural.

The ISOFlex Packaging name and logo reflects the merger between two of Sigma Plastics Group's flagship divisions and seeks to maintain a connection to the former division's brands and what made them successful. Sigma Plastics Group CEO and Chairman, Alfred Teo, states "We are taking two really good divisions of Sigma Plastics and merging them into one great division. This will create even more synergies and opportunities that will enable us to even better serve our customers in the flexible packaging markets we compete in."

About The Sigma Plastics Group:
The Sigma Plastics Group was founded in 1978 by Alfred Teo and is the largest, privately owned film extrusion group in the United States, Canada, and Central America. Based in Pompano Beach, Florida, the company has 40 manufacturing facilities, producing annual throughput of approximately 2 billion pounds of resin and employs over 4,500. Sigma Plastics Group manufactures industrial film, agricultural film, commercial plastic film, stretch film, merchandise bags, T-Sacks, industrial trash liners, produce bags, hygiene films, garment bags, and food bags.

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Chicago, IL • Gray Court, SC • Nashville, TN • Pompano Beach, FL • Statesville, NC • Vancouver, WA