BEMIS COMPANY, INC.

BEMIS COMPANY, INC.

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Company Overview
Bemis Company, Inc. is the largest flexible packaging company in the Americas and a major manufacturer of pressure sensitive materials used for labels, decoration and signage. The company was established in 1858 in St. Louis, Missouri, by Judson Moss Bemis as a manufacturer of seamless cotton bags for milled food products. It has played an influential role in the packaging industry ever since its founding. As a global supplier of flexible packaging and pressure sensitive label materials, Bemis serves customers worldwide and produces packaging for products found in virtually every aisle of the grocery store.
Bemis uses material science and innovation to supply a global marketplace. It operates in two segments: flexible packaging and pressure sensitive materials. Flexible packaging segment manufactures a broad range of consumer and industrial packaging. It provides packaging applications for markets like food, medical, personal care, agribusiness, chemicals, pet food and tissue. Pressure sensitive materials segment manufactures pressure sensitive materials that are sold into label markets, graphic markets and technical markets. It includes film, paper and metalized plastic film printing and laser printing.
The company operates in approximately 58 locations in 10 countries and is poised to serve the increasingly complex and growing needs of multinational food and consumer products customers. Headquartered in Neenah, Wisconsin in the United States, Bemis Company is also active through its subsidiaries in Germany, Denmark, France and Brazil.
Business Summary
Bemis Company, Inc. (Bemis) is a manufacturer of flexible packaging products and pressure sensitive materials, selling to customers throughout the United States, Canada, Mexico, South America, Europe, and Asia. During the year ended December 31, 2009, approximately 85 % of the Company’s sales were derived from the Flexible Packaging segment and approximately 15 % were derived from the Pressure Sensitive Materials segment. Its business activities are organized around its two business segments: Flexible Packaging and Pressure Sensitive Materials. Its products are sold to customers primarily in the food industry. Other customers include companies in various types of businesses, which include chemical, agribusiness, medical, pharmaceutical, personal care, construction, graphic industries, and other consumer goods. On June 3, 2009, Bemis acquired the South American rigid packaging operations of Huhtamaki Oyj, a global manufacturer of consumer and specialty packaging.
Description and history
Bemis Company, Inc. (Bemis), incorporated in 1885, is a manufacturer of flexible packaging products and pressure sensitive materials, selling to customers throughout the United States, Canada, Mexico, South America, Europe, and Asia. During the year ended December 31, 2009, approximately 85 % of the Company’s sales were derived from the Flexible Packaging segment and approximately 15 % were derived from the Pressure Sensitive Materials segment. The Company’s business activities are organized around its two business segments: Flexible Packaging and Pressure Sensitive Materials. The Company’s products are sold to customers primarily in the food industry. Other customers include companies in various types of businesses, which include chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, graphic industries, and other consumer goods. On June 3, 2009, Bemis acquired the South American rigid packaging operations of Huhtamaki Oyj, a global manufacturer of consumer and specialty packaging. In March 2010, the Company completed its acquisition of the Food Americas operations of Alcan Packaging, a business unit of Rio Tinto plc. In July 2010, the Company completed the sale of its discontinued operations, including its Menasha, Wisconsin, and Catoosa (Tulsa), Oklahoma facilities, to Exopack Holding Corp.

Flexible Packaging Segment

The flexible packaging segment manufactures a range of packaging for food, consumer goods, and industrial applications. Multilayer flexible polymer film structures and laminates are sold for food, medical, and personal care products, as well as non-food applications utilizing vacuum or modified atmosphere packaging. Additional products include blown and cast stretch film products, carton sealing tapes and application equipment, custom thermoformed and injection molded plastic packaging, multiwall paper bags, printed paper roll stock, and bag closing materials. Markets for its products include processed and fresh meat, liquids, frozen foods, cereals, snacks, cheese, coffee, condiments, candy, pet food, bakery, seed, lawn and garden, tissue, fresh produce, personal care and hygiene, disposable diapers, printed shrink overwrap for the food and beverage industry, agribusiness, pharmaceutical, minerals, and medical device packaging. Bemis has 76 worldwide manufacturing plants for the flexible packaging segment.

In the Flexible Packaging segment it competes with Amcor Limited, Exopack Company, Hood Packaging Corporation, Bryce Corporation, Pliant Corporation, Printpack, Inc., Sealed Air Corporation, Sonoco Products Company, Winpak ltd., and Wihuri OY.

Pressure Sensitive Materials Segment

The pressure sensitive materials segment manufactures pressure sensitive adhesive coated paper and film substrates sold into label, graphic, and technical markets. Products for label markets include narrow-Web rolls of pressure sensitive paper, film, and metalized film printing stocks used in high-speed printing and die-cutting. Products for graphic markets include pressure sensitive films used for decorative signage through computer-aided plotters, digital and screen printers, and photographic overlaminate and mounting materials including optically clear films with built-in ultra violet (UV) inhibitors. Products for technical markets include micro-thin film adhesives used in delicate electronic parts assembly and pressure sensitive applications utilizing foam and tape based stocks to perform fastening and mounting functions. This segment has seven manufacturing plants located in three states and two non-United States countries, all of which are owned directly by the Company or its subsidiaries.

In the Pressure Sensitive Materials segment it competes with include 3M, Acucote, Inc., Avery Dennison Corporation, FLEXcon Corporation, Green Bay Packaging Inc., Ricoh Company, Ltd., Ritrama Inc., Spinnaker Industries, Inc., Technicote Inc., UPM-Kymmene Corporation, and Wausau Coated Products Inc.

Established in St. Louis, Missouri, by Judson Moss Bemis as a manufacturer of seamless cotton bags for milled food products

Business Line
Manufacturer of pressure sensitive materials used for labels, decoration and signage
Subsidiary
ALCAN GLOBAL PHARMACEUTICAL PACKAGING INC
Advisor
PRICEWATERHOUSECOOPERS LLP
IPO date
9/13/1966
US SIC Code
2671
Company Address
P.O. Box 669
4 th Floor
City province or state postal code
54956, NEENAH, WI
Phone: +1 920 727 4100
Fax: +1 612 376 3180
Country address: UNITED STATES OF AMERICA
Website url: www.bemis.com