Cover Feature: Top 25 Converters

Transcription

Top 25 Converters
Methodology
We used a similar methodology
to last year’s Top 25 listing.
To ensure the most accurate listing,
we first went down the list of companies
to make sure they are flexible packaging
converters, and to include converters
that have been acquired, merged, or
inadvertently left off last year’s list.
After careful consideration, the
new list of companies was researched
using information from Hoover’s Online
database and D&B Million Dollar
Directory – Total US database.
Once information from those
databases were collected, we went
directly to the companies to confirm or
correct the information we collected.
Rankings are in order of sales revenue
for the 2010 fiscal year, and should only
reflect flexible packaging.
We are happy to report that all but
two companies graciously offered us the
correct information, making this one of the
most accurate lists yet.
Flexible Packaging is proud to present its highly anticipated seventh annual
Top 25 Converters listing, based on 2010 sales. By Erin J. Wolford, Editor-in-Chief
cor·ner·stone [kawr-ner-stohn]
• something that is essential,
indispensable, or basic:
The cornerstone of flexible packaging is film.
• the chief foundation on which
something is constructed or developed:
The cornerstone of the flexible packaging
industry are the converters.
According to Wikipedia, the
cornerstone (or foundation stone)
concept is derived from the first stone set in
the construction of a masonry foundation,
important since all other stones will be set
in reference to this stone, thus determining
the position of the entire structure.
This year’s Top 25 Converters includes
converters that are the cornerstone of
the flexible packaging industry. These
20
FlexiblePackaging
converters are doing something right.
Whether that’s ensuring large amounts
of manpower, numerous manufacturing
facilities, or making a smart acquisition,
one determining factor is key: its people.
Something in the management and
procedures of these companies have
brought them to this level of success. And
that, my fellow flexible packaging friends, is
the secret we are all itching to know.
According to the Flexible
Packaging Association, flexible
packaging in the United States is a
$26.4 billion industry. Our Top 25
Converters list accounts for over threefourths of that impressive number. As the saying goes, competition breeds
success. Read on to hear about your
| www.flexpackmag.com
competition. You may find some nuggets
of wisdom in the next few pages, or you
may find some savvy business plans. Either
way, I think you’ll be able to take something
away from these success stories. FP
1.
Bemis Company, Inc.
2010 Sales (in millions): $4,840
Neenah, Wisconsin
At the top of the list is Bemis
Company, Inc., a name often mentioned
in flexible packaging, and for good reason,
too. This powerhouse has been expanding
its presence for years. After completing
its Alcan Packaging Food Americas
acquisition in March 2010, Bemis started
revamping some of the purchase. 2010’s
addition to the Bemis family included
june / july 2011
Flexible Packaging's Top 25 Converters
Plants
in N.A.
Employees in
N.A.
(flex pkg only)
Markets Served
Henry Theisen
director/president/CEO
47
10,000
12345689
Sealed Air Corp.
Elmwood Park, N.J.
William Hickey
president and CEO
107
16,200
1234578
$2,350.00
Sigma Plastics Group
Lyndhurst, N.J.
Alfred Teo
chairman and CEO
32
5,000
123456789
N/A
$1,700.00
Berry Plastics Corporation
Evansville, Ind.
Dr. Jonathan Rich
president and CEO
28
5,000
123456789
4
6
$1,200.00
Printpack Inc.
Atlanta, Ga.
Dennis Love
president and CEO
24
3,900
12456789
6
6
8
$800.57
AEP Industries Inc.
South Hackensack, N.J.
Brendan Barba
chairman/president/CEO
11
2,000
12345789
7
7
7
$785.10
Exopack LLC
Spartanburg, S.C.
Jack Knott II
chairman/president/CEO
18
2,800
123456789
8
8
9
$675.40
Graphic Packaging International, Inc.
Marietta, Ga.
David Scheible
president and CEO
15
2,500
123456789
9
9
10
$500.00
Hilex Poly Co. LLC
Hartsville, S.C.
Stan Bikulege
president and CEO
9
1,150
123456789
10
10
11
$498.00
Packaging Dynamics Corp.
Chicago, Ill.
Roger Prevot
director and CEO
8
1,050
1234578
11
20
17-19
$463.00
Hood Packaging Corp.
Burlington, Ont., Canada and Madison, Wisc.
Robert B. Morris
president
18
1,500
126789
12
12
14
$427.50
Winpak Ltd.
Winnipeg, Man., Canada
Bruce Berry
president and CEO
5
1,370
1234568
13
11
12
$398.00
Bryce Corp.
Memphis, Tenn.
Thomas Bryce
chairman and CEO
5
800
125678
14
13
15
$342.00
Sonoco Products Company
Hartsville, S.C.
Harris DeLoach, Jr.
chairman and CEO
10
762
12567
15
15
16
$300.00
Ampac Holdings, LLC
Cincinnati, Ohio
John Baumann
president and CEO
8
1,100
123456789
16
15
N/A
$290.00*
Duro Bag Manufacturing Co.
Florence, Ky.
John Gillen
president and COO
14
2,500
1379
17
19
20
$280.00
American Packaging Corp.
Rochester, N.Y.
Peter Schottland
president and CEO
3
585
12345789
18
17
13
$270.00
Amcor Flexibles
Mundelein, Ill.
Tom Cochran,
VP Flexibles Americas &
Medical Europe president
9
800
12345689
19
N/A
N/A
$250.00
Prolamina Corp.
Lake Forest, Ill.
Harold Bevis
founder/chairman/CEO
4
600
1347
20
21
21
$220.00
Coating Excellence Int'l LLC
Wrightstown, Wis.
Michael Nowak
president and CEO
3
550
1456789
21
22
N/A
$165.00
Pregis Corp.
Deerfield, Ill.
Kevin Baudhuin
president, global
protective packaging
14
750
134567
22
N/A
N/A
$134.00
Shields Bag & Printing Company
Yakima, Wash.
Lisa Shields-Long
president and CEO
1
490
1236789
23
23
N/A
$120.00
Scholle Packaging Inc.
Irvine, Calif.
William J. Scholle
chairman and CEO
7
990
126789
24
N/A
N/A
$96.50
Oracle Flexible Packaging, Inc.
Winston-Salem, N.C.
Scott Dickman
president and CEO
2
330
1234578
25
25
N/A
$80.00
Nordenia USA, Inc.
Jackson, Mo.
William R. Burke
president and COO
1
N/A
1235689
2011
Rank
2010
Rank
2009
Rank
2010 Sales
(in millions)
Company
Headquarters
Highest Ranking Officer
1
2
2
$4,840.00
Bemis Flexible Packaging
Neenah, Wis.
2
1
1
$4,490.00*
3
3
4
4
5
5
*Flexible Packaging estimate, based on information from Hoover's Online database, D&B database and/or the Company's own data.
MARKETS: 1–Food; 2–Beverage; 3–Pharmaceutical; 4–Medical; 5–Personal Care; 6–Household Care; 7–Retail; 8–Industrial; 9–Agricultural
june / july 2011
FlexiblePackaging
21
1.
Bemis' 2010 activities included opening an
Innovation Center for thorough R&D.
continued...
enhancing a packaging research facility
in Neenah, Wisc. The Bemis Innovation
Center was implemented in the former
Alcan Packaging Food Americas technical
center. “We're going to be moving the
‘legacy’ R&D Bemis people in there with
the Alcan people so we can start to have
better exchanges of technology,” quoted
Henry Theisen, president and chief
executive officer in an interview with local
news outlet Post Crescent in August 2010.
Bemis Company, Inc.
(920) 727-4100; www.bemis.com
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FlexiblePackaging
2.
Sealed Air
2010 Sales (in millions):
estimated $4,490
Elmwood Park, New Jersey
This past year brought back nostalgia
to Sealed Air Corporation with the
celebration of its 50th Anniversary. By
the end of the 1950s, inventors Marc
Chavannes and Al Fielding introduced
Bubble Wrap cushioning and launched
the Sealed Air Corporation. Fifty years
later, Bubble Wrap brand is one of the
most recognized brands across the globe
and Sealed Air has grown to employ
more than 16,000 people with operations
in 51 countries. “Over the past 50 years,
Sealed Air and customers have been
witness and part to massive change,” said
William V. Hickey, president & CEO,
Sealed Air in a Feb 2010 press release.
Sealed Air Corporation
(201) 791-7600; www.sealedair.com
3.
Lyndhurst, New Jersey
Sigma Plastics Group is a force to
be reckoned with. Chairman and CEO
Alfred Teo commented on the Sigma’s
inclusion in the listing, saying, “We are
honored to be on the Top 25 Converters
list. We continue to grow through
acquisitions, and are in the middle of
a possible acquisition right now. More
positive news to come.”
(201) 933-6000;
www.alpha-industries.com
june / july 2011
4.
Evansville, Indiana
Randy Hobson, EVP Commercial
Development told Flexible Packaging,
“Berry Plastics is proud to be an industry
leader in flexible packaging. We are
committed to being a full-service, world
class packaging and materials supplier
partner to the many customers and
industries we serve.”
(812) 424-2904;
www.berryplastics.com
Berry Plastics Corp. offers
consumers a wide array of
protective flexible packaging.
5.
Printpack Inc.
Atlanta, Georgia
Printpack is proud of its five
packaging awards it brought home in
2010. Printpack was also busy acquiring
the Marshall, North Carolina facility,
allowing the company to enter into
the Medical Packaging Market. The
Marshall facility manufactures films
that are converted into header bags and
forming films for sterilizable medical
devices. Dennis M. Love, president and
CEO, stated in a 2010 press release,
“We have been investigating the medical
packaging market for quite some time.
Timing was right to acquire Amcor’s
Marshall facility.”
Printpack Inc.
(404) 460-7000; www.printpack.com
24
FlexiblePackaging
june / july 2011
in being recognized as a trusted partner
in the development and manufacture of
flexible packaging solutions that address
the evolving needs of our customers while
providing positive bottom-line results.”
Exopack's corporate office in Spartanburg,
South Carolina was busy planning for the
addition of two facilities in 2010.
Exopack
(864) 596-7116; www.exopack.com
Printpack entered into the medical
packaging market with the acquisition of
Marshall's North Carolina plant in 2010.
6.
AEP Industries
2010 Sales (in millions): $800.57
South Hackensack, New Jersey
AEP Industries’ website touts itself
as “The Single Source for Polyethylene
Films.” AEP prides itself on offering
over 15,000 multi-purpose and flexible
packaging films, so that its customers
can fulfill its business needs. AEP’s
stance: “As a leader in flexible packaging
products, AEP uses state-of-the-art,
technology to consistently produce the
highest quality flexible film available.”
AEP Industries
(800) 999-AEPI; www.aepinc.com
7.
Exopack LLC
Spartanburg, South Carolina
2010 was a busy year at Exopack. An
affiliate company of Sun Capital Partners,
Inc., Exopack made an agreement with
Bemis to purchase two of its facilities,
completed in July 2010. One month
later, it announced the formation of a
Corporate Research and Development
team at that site.
Exopack president and Chief
Operating Officer, Tom Vale, commented
on the Top 25 listing, “Over the past five
years, Exopack has invested over $135
million in new technologies and resources,
yielding growth in the areas new package
development, production capabilities and
technological innovation. We take pride
june / july 2011
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25
8.
deliver results. And in fact, that’s exactly
what happened at Graphic Packaging in
2010,” said David W. Scheible, president
and CEO, in a shareholders newsletter.
Graphic Packaging International, Inc.
Marietta, Georgia
“2010 was another strong year for Graphic Packaging, where the key to driving
productivity and improving margins was to execute a solid strategy that works regardless
of the operating environment. We demonstrated that as long as we focus on our strategy,
optimize our core business, grow through innovation, and build the right culture, we will
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9.
Hilex Poly Co. LLC
Hartsville, South Carolina
In April 2010, Hilex Poly partnered
with the Environmental Protection
Agency (EPA) to join its WasteWise
program. Stan Bikulege, president
and CEO of Hilex Poly stated, “As
the industry leader in recycling, we are
proud of our waste reduction efforts
to date and have set an ambitious goal
of using 40 percent recycled content in
our products by 2015.” The WasteWise
program focuses on three key elements
of waste reduction – recycling, buying
or manufacturing recycled content
products and preventing the production
of waste in the first place.
Hilex Poly Co., Inc.
(843) 857-4800; www.hilexpoly.com
10.
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FlexiblePackaging
Chicago, Illinois
Like its Top 25 Converters
peers, Packaging Dynamics Corp.,
was busy with an acquisition in
2010, announcing its agreement to
purchase Marcal Chicago, LLC. “The
acquisition of Marcal Chicago is an
exciting step in the development of
Packaging Dynamics,” commented
Roger Prevot, Packaging Dynamics'
CEO in an October 2010 press
release. “Marcal Chicago provides a
number of strategic benefits to our
BagcraftPapercon food packaging
business including a broader product
line, an expanded customer base and a
well respected brand.”
(773) 843-8000; www.pkdy.com
june / july 2011
11.
$463.00
Madison, Mississippi and
Burlington, Ontario, Canada
In September 2010, Hood
Packaging acquired American
Synthetics of Goose Creek, South
Carolina. The facility specializes in
manufacturing woven polypropylene
packaging with modern equipment
and innovative technology. The new
facility positions Hood Packaging
to offer a full line of food, pet
food, animal nutrition and lawn
and garden packaging, including,
but not limited to, EB1 quad seal,
laminated quad seal, pouches, pinch
bags, self-opening sacks and woven
poly bags.
(800) 321-8115; www.hoodpkg.com
12.
Winpak Ltd.
Winnipeg, Manitoba, Canada
In reaction to being listed as a top converter, Bruce Berry proudly told Flexible Packaging,
“It is an honor to be recognized with such a distinguished group of companies.” Winpak’s
Flexible Packaging division’s website offers the company’s business model for this market
sector: “Winpak has become a leader in the flexible packaging industry by providing
customers with innovative products, packaging expertise and operational excellence.”
Winpak Portion Packaging, Inc. | (204) 889-1015; www.winpak.com
13.
13. Bryce Corp.
Memphis, Tennessee
For Bryce Corp., a family-owned company, 2010 meant planning to expand with a
new press and additional employees. In November 2010, the company’s plan for a $9
million expansion was highlighted in the Memphis Business Journal. In the article, Richard
Flynt, senior vice president of operations at Bryce, commented that the expansion will
help the company meet demand in one of the few parts of the manufacturing industry
that hasn’t seen a decline. Food packaging is an estimated $200 billion annual industry,
according to Paul Rickman, senior vice president of sales for Bryce. No further comment
was offered by Bryce Corp.
Bryce Corp. | (800) 238-7277; www.brycecorp.com
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june / july 2011
Ampac's focus on
innovation in flexible
packaging includes its
Sprout Baby Food linear
tear, recloseable pouch.
14.
15.
Sonoco Products Co.
2010 Flexible Sales
(in millions): $342.00
Hartsville, South Carolina
Known for innovative easyopen, re-closeable bags and
specialty pouches, as well as
promotional ink technologies,
Sonoco also offers solutions that
support smart, sustainable resource
use. Harris E. DeLoach, Jr.,
chairman and CEO told Flexible
Packaging, “As a top company for
flexible converters, we're committed
to growing and diversifying our
flexible service offering. Innovations,
such as our patented SmartSeal
reclosable technology for Nabisco
cookies and our recently announced
MIRRORINK Process, will continue
to help drive our flexibles expansion.”
Sonoco Products Co.
(800) 377-2692; www.sonoco.com
American Packaging Corp.'s flexible
packaging offerings include name brands
that Americans recognize and trust.
Ampac Holdings, LLC
Cincinnati, Ohio
Ampac’s focus on innovation includes the Vapur anti-bottle, redeveloped to
include an antimicrobial; the Sprout Baby Food brand introduction with linear tear
and reclosability; and E-Z ZIP has led to significant product growth for Unilever’s
Hellmann's brand, among other customers. Ampac has also added box pouch
capability to a wide range of innovative pouch formats.
John Baumann, president and CEO, told Flexible Packaging, “Ampac drives
transformation and packaging performance by creating package concepts that are
more innovative, progressive and dynamic than those used by competitive brands.
Ampac’s comprehensive approach to packaging is an effective balance of rigorous,
technology-driven thinking and exceptional creativity.”
Ampac | (800) 527-2557; www.ampaconline.com
16.
Duro Bag Manufacturing Co.
2010 Sales (in millions): estimated $290.00
Florence, Kentucky
Duro Bag Manufacturing has this Quality Statement on its website: “Every
employee at Duro Bag is empowered to effectively manage our company's resources
in order to meet or exceed our customer's requirements and expectations in quality
and service.” With its impressive position on the Top 25 Converters listing, it seems
this statement rings true.
Duro Bag Manufacturing Co. | (800) 879-3876; www.durobag.com
17.
American Packaging Corp.
2010 Sales (in millions):$280.00
Rochester, New York
For over 100 years, American Packaging Corp (APC) has been developing and
commercializing unique specifications for a myriad of packaging applications.
Peter B. Schottland, president and CEO said to Flexible Packaging, “Interesting to see
APC in the Top 25 once again. Hard not to reflect on our journey of almost 110 years as a
family business owned by first the Kardon family thru the 1960s and now my family. From
the streets of Philadelphia making fish and coffee bags to one of North America’s elite
flexible packaging companies is quite something, to say the least. Our commitment to our
customers, employees, suppliers and our industry as a whole has never been stronger.”
American Packaging Corp. | (800) 551-8801;www.ampkcorp.com
18.
Amcor Flexibles
Mundelein, Illinois
According to Amcor Flexibles’ website business operations, “This Business Group
combines the current Amcor Flexibles Food and Flexibles Healthcare businesses with the
Alcan Global Pharmaceutical and Food Europe Packaging businesses. The combination
of these Flexibles businesses is designed to create an integrated business and to take
full advantage of opportunities to deliver outstanding customer solutions to the food,
healthcare, home & personal care and industrial markets.”
Amcor Flexibles | (847) 362-9000; www.amcor.com
30
FlexiblePackaging
june / july 2011
19.
Prolamina
A newly formed company, Prolamina
is the brainchild of founder/chairman/
CEO Harold Bevis. “My business thesis
has been to create as big a company as
I can,” Bevis told Flexible Packaging. After
his tenure with Pliant, Bevis concocted
the concept of forming a super company.
He’s already acquired two companies at
the penning of this article, with a third
acquisition underway. Bevis has folded
formerly known Jen Coat and Excel Pac
into Prolamina. Bevis’ plans: “My game
plan is to build a couple billion dollar
company by acquiring small converting
companies.” Don’t be surprised to see
Prolamina’s Top 25 Converter ranking be
higher up on the list in 2012.
Prolamina
www.prolamina.com/
20.
21.
$250.00
Coating Excellence
International LLC (cei)
Coating Excellence International
(920) 996-1900;
www.coatingexcellence.com
Nordenia's release
for 2010 included the
innovative FlexZiBox,
launched in the US to
broaden its portfolio.
Deerfield, Illinois
Pregis’ exciting 2010 news included naming a new president of global protective
packaging. Kevin Baudhuin was named president, global protective packaging, in
October 2010. Baudhuin joined Pregis in December 2007 as president of the company’s
North American protective packaging business. During his tenure, he spearheaded the
development of innovative protective packaging solutions while also bringing significant
performance improvement and growth to Pregis, and will continue to do so.
Pregis Corp. | (800) 834-9441; www.pregis.com
22.
Shields Bag & Printing Company
Yakima, Washington
“During the past few years, the economic downturn has forced us to intensify our
product diversification efforts. We are still underway, but to date have been successful in
moving away from heavy dependence on traditional heavy duty shipping sacks and more
on barrier food packaging and consumer packaging with high resolution graphics. To be
recognized as a Top 25 Converter is a testament to the hard work and loyal dedication of
our 490 employees. Shields Bag & Printing was founded on intense employee involvement
and we continue to grow because of this philosophy,” Chris Daniels VP sales & marketing,
told Flexible Packaging.
Shields Bag & Printing Company | (800) 541-8630; www.shieldsbag.com
23.
$220.00
Wrightstown, Wisconsin
In a statement released by the company,
“Coating Excellence International (cei) has
shown strong growth since its inception in
1997 by continual focus on providing the
industry’s best quality and service to its
customers. Ongoing investment in state-ofthe-art converting equipment, new focused
manufacturing facilities and next generation
technologies enable cei to continue this
growth momentum. cei is very pleased to be
listed as a Top 25 Converter, as this reflects
its commitment to its customers and strong
focus on the flexible packaging industry.”
Pregis Corp.
Scholle Packaging Inc.
Irvine, California
“Scholle Packaging, the pioneer of Bag-in-Box, is a world leader in bag-in-box packaging
for the food, beverage and industrial markets. We are committed to providing locallymanufactured products with unprecedented innovation, quality and customer service.
Inspired people, vertically-integrated processes and global manufacturing capabilities allow us
to rigorously control our manufacturing standards,” Scholle company information states.
Scholle Packaging Inc. | (949) 955-1750; www.scholle.com
24.
Oracle Flexible Packaging, Inc.
Winston-Salem, North Carolina
Oracle’s company website says, “Oracle is a preferred manufacturer of industry-leading
flexible packaging laminates. Innovation, combined with a demonstrated commitment to
quality and customer satisfaction, fuels the outstanding customer loyalty and success that
Oracle has enjoyed for over eight decades.”
Oracle Flexible Packaging, Inc. | (336) 777-5000; www.oraclepackaging.com
25.
Nordenia
2010 Sales (in millions): approx. $80.00
Jackson, Missouri
2010 offered Nordenia some innovation with the launch of its FlexZiBox. Flexible
and robust at the same time, easy to carry and well suited for volumes up to 55 pounds
– that is Nordenia’s FlexZiBox packaging. Nordenia launched this concept in the U.S. to
broaden its portfolio.
Nordenia USA, Inc. | Nordenia USA, Inc.; (573) 335-4900; www.nordeniausa.com
32
FlexiblePackaging
june / july 2011

Cover Feature: Top 25 Converters

Transcription

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