Jim Squatrito Joins Garlock Printing

Garlock Printing and Converting (“Garlock” or the “Company”) today announced that Jim Squatrito has been appointed Chief Executive Officer. Mr. Squatrito succeeds Pete Garlock, who is retiring but will continue to serve on the board of directors.

Garlock, a manufacturer of flexible packaging for the food and personal care markets, has two facilities in Gardner, MA and Reno, NV. Earlier this year the company received an investment from Astara Capital Partners.

“I’m excited to join Garlock, which has impressive capabilities and is seeing tremendous growth,” said Mr. Squatrito. “I look forward to connecting with Garlock’s employees, customers, suppliers, and other partners in the coming days and weeks.”

Mr. Squatrito has decades of leadership experience across a range of industries, including flexible packaging. Most recently, Jim served as President of Summit Packaging Solutions, a contract packaging provider serving large, multinational brands. Prior to Summit, Jim was CEO of Oracle Packaging, a private-equity-backed manufacturer of flexible packaging materials for the healthcare, food and beverage, and industrial markets.

“Jim is the right person to lead Garlock’s next stage of growth,” said Mr. Garlock. “He brings the right mix of leadership and industry knowledge to take Garlock to the next level.”

About Garlock Printing & Converting

Garlock Printing & Converting is a full-service Flexible Packaging Converter that provides solutions for a wide variety of food, consumer and industrial applications. With two locations positioned to serve the East and West Coast, Garlock is focused on high quality, ten-color printing that incorporates sustainable packaging materials for greater shelf-life, reduced waste, and broader consumer appeal. More information about Garlock can be found at www.garlockprinting.com.

About Astara Capital Partners

Astara Capital Partners is an integrated team of investors and operators that invests in the middle market. The firm targets a handful of sectors where it has deep experience, including packaging and converting, food, building products, forest products, and industrial manufacturing, distribution and services. Astara selects companies in those industries that are undergoing significant transformation and with the goal of building sustainable value and positioning them for long-term success. More information about Astara can be found at www.astaracapital.com.