Profile: AEP Industries Inc (AEPI.O)

AEPI.O on Nasdaq

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AEP Industries Inc., incorporated on November 13, 1985, is a manufacturer of plastic packaging films in North America. The manufacture and market a line of polyethylene and polyvinyl chloride flexible packaging products, with consumer, industrial and agricultural applications. The Company’s plastic packaging films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture and textile industries. The Company’s products include custom films, stretch (pallet) wrap, food contact, PROformance films, canliners, printed and converted films and other products and specialty films.

The Company manufactures plastic films from resins blended with other raw materials, which it either sells or further processes by printing, laminating, slitting or converting. It manufacture both industrial grade products, which are manufactured to general industry specifications, and specialty products, which are manufactured under exacting standards to assure certain required chemical and physical properties. The Company conducts its manufacturing operations at 14 integrated facilities in the United States and Canada. AEP Canada Inc., AEP Industries Packaging (Espana) SA, and AEP Industries Finance Inc. are the subsidiaries of the Company.

Custom Films

The Company manufactures a range of custom films, generally for industrial applications, including sheeting, tubing and bags. Bags are drum, box, carton and pail liners that are usually cut, rolled or perforated. These bags can also be used to package items, such as furniture and mattresses. It also manufactures films to protect items stored outdoors or in transit, such as boats and cars, and a range of shrink films, barrier films and overwrap films.

Stretch (Pallet) Wrap

The Company manufactures a line of stretch film products for both hand wrap and rotary applications, using both monolayer and co-extruded constructions used to wrap pallets of industrial and commercial goods for shipping or storage. The Company also markets a variety of pre stretch products designed for commodity and specialty uses.

Food Contact

The Company manufactures formulated in-store and pre-store films with its Resinite line of polyvinyl chloride (PVC) food wrap for the supermarket and industrial markets. The Company offers a range of products with approximately 50 different formulations. Its Griffin, Georgia facility also produces dispenser (ZipSafe cutter) boxes containing polyvinyl chloride food wrap for sale to consumers and institutions, including restaurants, schools, hospitals and penitentiaries. These institutional polyvinyl chloride food wrap products are marketed under several private labels and under its own Seal Wrap name. By allowing oxygen to pass through, its PVC films are ideal for packaging of fresh red meats, poultry, fish, fruits, vegetables and bakery products.

PROformance Films

The Company offers a range of coextruded polyethylene film products used as a critical component in flexible packaging laminations, direct food contact, protective masking, medical, pharmaceutical and industrial applications. The Company manufactures in the blown and cast processes and offer mono to seven layer films. These products are custom designed for strength, clarity, oxygen and moisture barriers, as well as other specifications required for demanding packaging applications.

Canliners

The Company’s canliners product line includes retail kitchen trash bags, retail lawn and leaf trash bags and institutional bags. These products are available with twist-tie closures, flap ties, handles and draw tape closures. In addition to the different closures, the liners come in different sizes, gauges (thickness), colors, scents and strengths.

Printed and Converted Films

The Company manufactures up to ten color printing, solventless lamination, sheeting, and wicketed bags. It’s printed and converted films provide printed rollstock to the food and beverage industries and other manufacturing and distributing companies. The Company also converts printed rollstock to bags for use by bakeries, fresh or frozen food processors, manufacturers or other dry goods processors.

Other Products and Specialty Films

The Company manufactures unplasticized polyvinyl chloride (UPVC) film for use in battery labels, credit card laminates, and a range of film products with agricultural applications, such as silage (Sunfilm sheet materials), smooth mulch films, and fumigation films. It also produces disposable consumer and institutional plastic products for the food service, party supply and school/collegiate markets, marketed under the Sta-Dri brand name. Products produced include table covers and skirts, aisle runners, aprons, bibs, gloves, boots, freezer/storage bags, saddle pack bags, locker wrap and custom imprint designs.

Company Address

AEP Industries Inc

95 Chestnut Ridge Rd
MONTVALE   NJ   07645-1801
P: +1201.6416600

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