Source One Packaging

What Source One Packaging does

Source One Packaging LLC is a privately held, family-owned flexible packaging materials supplier founded in 1999 and headquartered in Hauppauge, Long Island, New York, with a second warehouse on the US west coast in California. The company sells shrink films, PET preforms, rollstock (PVC/PETG), shrink bands and sleeves, printed shrink sleeves, polyolefin and BOPP shrink films, stand-up pouches, stretch sleeve labels, laminated films, lidding film, polyethylene bags, pressure-sensitive labels, shrink bags, and shrink bundling film to B2B customers across food & beverage, consumer goods, pharmaceutical/nutraceutical, cannabis, pet products, and industrial verticals. Its operational backbone is a fully in-house converting facility that performs slitting, seaming, and multiple perforation formats, paired with three printing technologies (rotogravure, flexographic via a newly installed OMET X6 press, and digital) and an in-house graphic design team for artwork and pre-press. The company's scale is anchored by the self-claimed largest preform inventory in North America (100M+ units across 300+ sizes) and monthly output of more than 30 million shrink bands, enabling 5–7 business day lead times nationwide.

Revenue is generated through quote-based one-time sales of packaging materials plus professional services revenue from custom converting and printing (rotogravure, flexographic, digital). Pricing is variable by material (PVC, PET, PET-G, OPS, BOPP, polyolefin, polyethylene), size, thickness, quantity, and customization, with net 30 terms for credit customers and a 3% credit card processing fee; no public pricing is disclosed. Go-to-market is sales-led and direct-to-business, with no channel partners or resellers: customers request quotes via website forms, phone, or fax, and the company markets a 90% re-order rate and up to 40% cost savings versus competitors' quotes as its commercial proof points. Distribution is purely domestic US, executed from the NY and CA warehouses.

Leadership is concentrated in the founding Perillo family — CEO and Founder Rich Perillo and Vice President Don Perillo — with a small management layer including a Production Manager, Customer Service Manager, and Buyer. The company is independently owned with no disclosed institutional investors, funding rounds, or parent entities, and operates with approximately 50 employees.

Name

Source One Packaging

Legal name

Source One Packaging LLC

Website

https://sourceonepackagingllc.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Source One Packaging is a privately held US flexible packaging supplier, founded 1999 in Hauppauge, NY, selling shrink films, preforms, rollstock, shrink bands, sleeves, and stand-up pouches to food, beverage, consumer goods, pharmaceutical, cannabis, and industrial customers via direct B2B sales from coast-to-coast warehouses.

Ownership category

akta.pro rank

Product category

Flexible Packaging Materials

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Printing and Related Support Activities (3231)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Flexible Packaging Printing (Film/Poly/Paper Print) (IMALAKAG)

akta.pro secondary industry

Finishing, Converting & Die-Cutting Services (IMALAKAN)

Keywords

• Shrink film packaging
• Flexible packaging materials
• Label shrink sleeves
• Preform packaging supply
• Rollstock packaging film

Headquarters

HQ city

Hauppauge

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Shrink Film and Packaging Materials Sales: Primary revenue from selling shrink wrap films, rollstock, preforms, shrink bands, and other flexible packaging materials. Products sold as rolls, bags, or custom converted materials. Pricing based on size, material, quantity, and customization requirements.
2. Custom Printing Services: Additional revenue from custom printing services including rotogravure, flexographic, and digital printing on packaging materials. Artwork design and pre-press formatting services included.
3. Converting Services: Revenue from value-added converting services including slitting, seaming, perforations, and custom sizing of packaging films.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Source One Packaging is a US-based supplier of flexible packaging materials, selling shrink films (PVC, PET, PET-G, OPS, BOPP, polyolefin, polyethylene), preforms, rollstock, shrink bands, printed shrink sleeves, stand-up pouches, stretch sleeve labels, laminated films, lidding film, and pressure sensitive labels to business customers. The company runs in-house converting (slitting, seaming, perforations) and printing (rotogravure, flexographic, digital) operations, ships nationwide from warehouses in New York and California, and pairs materials sales with custom printing and value-added converting services.

Product overview

Source One Packaging is a single-source packaging materials supplier offering a comprehensive portfolio of flexible packaging and labeling solutions. Their core product portfolio includes preforms and rollstock films (PVC/PETG), various shrink film formats (polyolefin, BOPP), shrink bands and sleeves (wraps, cut bands, printed full-body and neckband shrink sleeves), stretch sleeve labels, and laminated films. The company also supplies stand-up pouches, lidding film, polyethylene bags (including reclosable ziplock options), pressure sensitive labels, shrink bags, and shrink bundling film. This portfolio is unified by shared converting capabilities and compatibility with standard packaging machinery including shrink tunnels and heat seal equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Preforms PET preforms for bottle manufacturing, compatible with standard blow molding equipment and suitable for a variety of container applications across food, beverage, and consumer goods. Source One maintains the largest preform inventory in North America (100M+ units, 300+ sizes).
• Rollstock (PVC/PETG) Rollstock films in PVC and PETG materials for automated packaging lines, designed for form-fill-seal applications on production lines.
• Shrink Bands Shrink bands in multiple formats (shrink wraps, shrink sleeves, cut bands) for tamper-evident sealing, multipacks, and product identification. Over 30 million shrink bands produced monthly.
• Printed Shrink Sleeves Full-body and neckband shrink sleeves with custom printing (rotogravure, flexographic, digital) for comprehensive brand coverage, 360-degree labels, and tamper-evidence.
• Polyolefin Shrink Film Polyolefin shrink film for packaging applications providing secure seals and excellent clarity, compatible with standard shrink tunnels.
• Stand Up Pouches Flexible stand-up pouches with barrier properties for food, beverage, and consumer goods packaging; designed to maximize shelf space and reduce freight and warehousing costs.
• Stretch Sleeve Labels Stretch sleeve labels that slide onto containers without heat, suitable for odd-shaped bottles and irregular containers.
• BOPP Shrink Film Biaxially oriented polypropylene (BOPP) shrink film for labeling and packaging applications with excellent optical properties.
• Laminated Films Multi-layer laminated films combining different material properties for enhanced barrier protection and product preservation.
• Lidding Film Lidding films for tray sealing applications, compatible with standard heat seal equipment.
• Polyethylene Bags Polyethylene bags in various configurations including reclosable ziplock options for retail and food service applications.
• Pressure Sensitive Labels Pressure sensitive adhesive labels for product labeling across various container surfaces and materials.
• Shrink Bags Pre-formed shrink bags for packaging individual products or multi-packs, providing secure containment and branding opportunities.
• Shrink Bundling Film Shrink bundling film for multi-pack grouping applications, designed to work with standard shrink tunnels and bundling equipment.
• Custom Printing Services Value-added custom printing on packaging materials using rotogravure, flexographic, and digital presses (including the OMET X6), with artwork design and pre-press formatting services included.
• Converting Services Value-added converting services including slitting, seaming, Single Vertical Perforation (SVP), Double Vertical Perforation (DVP), Horizontal Perforation (HP), pull tabs, and tear tape for custom sizing of packaging films.

Quantifiable outcome

• 90% customer re-order rate
• +4 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/source1ndone
• Facebookfacebook.com/Source-One-Packaging-120826821336078
• LinkedInlinkedin.com/company/source-one-packaging-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Source One Packaging