{"id":5904,"date":"2025-03-14T04:35:33","date_gmt":"2025-03-14T08:35:33","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5904"},"modified":"2025-03-14T04:35:33","modified_gmt":"2025-03-14T08:35:33","slug":"the-oakdale-company-acquires-packaging-machinery-maker-century-tech","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5904","title":{"rendered":"The Oakdale Company acquires packaging machinery maker Century-Tech"},"content":{"rendered":"


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Century-Tech specialises in plastic and biodegradable bag manufacturing machinery. Credit: Matveev Aleksandr via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

The Oakdale Company, a private investment company based in the US, has acquired flexible packaging machinery manufacturer Century-Tech for an undisclosed amount.<\/p>\n

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Under the new ownership, Century-Tech will focus on developing products, increasing operations, and broadening its market presence.<\/p>\n

In the near future, Century-Tech will pursue acquisitions to enhance its capabilities and expand its product range across North America, Central America, the Caribbean, Asia, and Africa.<\/p>\n

The company, specialising in plastic and biodegradable bag manufacturing machinery, aims to boost its research and development and drive product innovation by investing in next-generation packaging solutions, with the backing of The Oakdale Company.<\/p>\n

Additionally, by integrating operational enhancements with acquisitions, Century-Tech intends to offer a suite of packaging machinery solutions to help film converters improve efficiency, reduce waste, and cater to both regulatory and consumer demands.<\/p>\n

Century-Tech\u2019s president Peter Terranova and vice-president Louis Mastrangelo will continue in their roles to maintain stability and continuity within the organisation.<\/p>\n

The Oakdale Company will invest further in human resources to improve Century-Tech\u2019s product offerings, plant operations, and service programmes, ensuring continuous service and support for global clients.<\/p>\n

The Oakdale Company CEO Clinton Townsend said: \u201cThe Oakdale Company is committed to Century-Tech\u2019s long-term success and growing the company to become a significant partner to the industry\u2019s converting leaders.<\/p>\n

\u201cWe see immense opportunity to expand Century-Tech\u2019s market presence and product portfolio, and we are actively seeking additional acquisitions to complement and strengthen its offering.<\/p>\n

\u201cOur focus is on sustainable, strategic growth that benefits customers, employees, and the broader industry.\u201d<\/p>\n

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