Presto Products Company and Pliant Corporation Reach Agreement on Slider Reclosable Technology

Presto Products Company, a business of Alcoa Consumer Products, Inc., and Pliant Corporation of Schaumburg, Illinois, have reached a mutual agreement granting Presto the right to use Pliant's patented Slider reclosable technology.

Presto Products Company, a business of Alcoa Consumer Products, Inc., and Pliant Corporation of Schaumburg, Illinois, have reached a mutual agreement granting Presto the right to use Pliant's patented Slider reclosable technology. The agreement also gives Presto the right to extend its rights to its distributors, dealers and end-users. This agreement will allow Presto to expand its work with its customers to increase the market penetration of the Slider package technology. For over 20 years, Presto's Fresh-Lock® Zipper brand has been the leader in reclosable technology. Presto offers more than 40 proven Fresh-Lock® zipper styles, from cost-effective single track to patented high performance zippers and sliders. There's a Fresh-Lock® zipper for virtually every packaging need or budget. The Pliant Corporation patent extends to most form/fill/seal slider applications. "This agreement is a win for both Pliant and Presto," said Len Azzaro, President - Pliant Flexible Packaging. "Combining Pliant's patented technology with the Presto Fresh-Lock® zipper brand expands opportunities for both companies in the rapidly growing reclosable market." "This agreement positions Presto to offer the widest array of Slider reclosable technology in the industry," said Wayne Wegner, Vice President - Specialty Products of Alcoa Consumer Packaging. "We expect Slider reclosable packaging to be a key growth area for Presto." Presto is headquartered in Appleton, Wisconsin with zipper manufacturing in Wisconsin, Virginia, Utah and the U.K. Sales and business offices are strategically located throughout the U.S. Offices in the U.K. and The Netherlands service Europe, the Middle East, Asia and the Pacific Rim. Fresh-Lock® Zipper also has distribution in South America. Pliant Corporation is a leading producer of value-added film and flexible packaging products for personal care, medical, food, industrial and agricultural markets. Pliant operates 26 manufacturing and research and development facilities around the world, and employs approximately 3,250 people.