Pacon Corporation successfully secured a $2,200,000 Small Business Administration Term Loan from Alantes Corporate Finance to support its growth and expansion initiatives in the contract converting industry.

About the Company

Pacon Corporation ("Pacon"), located in Putnam, CT, stands as a global leader in contract converting and slitting solutions, delivering services to a wide array of industries for over 45 years. The company is highly regarded for its capability to satisfy complex, high-precision requirements with exceptional speed, accuracy, and professionalism. Utilizing cutting-edge equipment and extensive industry knowledge, Pacon offers tailored converting services that cater to the specific needs of each client. Their comprehensive range of services includes spooling, slitting, and warehousing, all accompanied by a steadfast commitment to outstanding customer service and operational efficiency. Pacon's mission focuses on assisting clients in reducing costs, optimizing processes, and streamlining supply chains, placing quality and reliability at the heart of every solution.

Industry Overview in the United States

The U.S. converting and slitting industry has experienced steady growth, driven by increasing demand for custom products across various sectors such as packaging, automotive, and electronics. As manufacturers seek to enhance production efficiency and elevate product quality, the need for specialized converting services is more significant than ever. Expectations from clients for tailored solutions have prompted many companies to adapt quickly to their evolving needs, thereby establishing a competitive landscape.

Furthermore, the rise of e-commerce and the subsequent demand for packaging materials have transformed the industry, creating new avenues for companies like Pacon. These trends have encouraged innovations in manu