Profile: AEP Industries Inc (AEPI.OQ)
26 Jul 2016
AEP Industries Inc., incorporated on November 13, 1985, is a manufacturer of plastic packaging films in North America. The Company is engaged in the production, manufacture and distribution of polyethylene and polyvinyl chloride flexible plastic packaging products for the food/beverage, industrial and agricultural markets. The Company's plastic packaging films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, and 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. It manufactures plastic films, principally from resins blended with other raw materials, which it either sells or further processes by printing, laminating, slitting or converting. It manufactures both industrial grade products and specialty products. The Company operates in the United States and Canada.
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 an array 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 range of pre stretch products designed for commodity and specialty uses.
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 SealWrap name. It also produces plastic cast film bags with a non-color reclosable zipper seal (Seal'N'Loc) and other food contact products, including blown plastic film fold-top bags. The Seal'N'Loc product line consists of sandwich bags, snack bags, quart size and gallon size bags.
The Company offers a range of coextruded polyethylene film products used as a component in flexible packaging laminations, direct food contact, protective masking, medical, pharmaceutical and industrial applications. The Company manufactures these products using both blown and cast processes and offers mono to 7-layer films.
The Company's canliners product line includes retail kitchen and standard trash bags, retail lawn and leaf trash bags, and institutional trash bags. These products are available with 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 color printing, sheeting and wicketed bags. Its 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), 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.
AEP Industries Inc
95 Chestnut Ridge Rd
MONTVALE NJ 07645-1801