Profile: Avery Dennison Corp (AVY.N)
Avery Dennison Corporation (Avery Dennison), incorporated on February 23, 1977, is engaged in the production of pressure-sensitive materials and a variety of tickets, tags, labels and other converted products. The Company’s pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. It also sells pressure-sensitive materials in converted form as tapes and reflective sheeting. The Company also manufactures and sells a variety of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which it markets to retailers and apparel manufacturers and brand owners. The Company’s operational segments include Pressure-sensitive Materials (PSM), Retail Branding and Information Solutions (RBIS), and Vancive Medical Technologies (Vancive).
Pressure-sensitive Materials Segment
The Company’s Pressure-sensitive Materials segment manufactures and sells Fasson, JAC and Avery Dennison brand pressure-sensitive label and packaging materials, Avery Dennison-brand graphics, Avery Dennison-brand reflective products, Avery Dennison-brand tapes and performance polymers. Pressure-sensitive materials consist primarily of papers, plastic films, metal foils and fabrics, which are coated with Company-developed and purchased adhesives, and then laminated with specially coated backing papers and films. They are sold in roll or sheet form with either solid or patterned adhesive coatings, and are available in a range of face materials, sizes, thicknesses and adhesive properties. These label and packaging materials are sold worldwide to label printers and converters for labeling, decorating, fastening, electronic data processing and special applications in the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments.
The Company’s graphics and reflective products include a variety of films and other products that are sold to the architectural, commercial sign, digital printing, and other related market segments. It also sells durable cast and reflective films to the construction, automotive, and fleet transportation market segments, and reflective films for traffic and safety applications. The Company provides sign shops, commercial printers and designers a range of pressure-sensitive materials to enable the creation of impactful and informative brand and decorative graphics. It has an array of pressure-sensitive vinyl and specialty materials designed for digital imaging, screen printing and sign cutting applications. The Company’s performance tapes products include coated tapes and adhesive transfer tapes that are sold for use in non-mechanical fastening, bonding and sealing systems in various industries. These tapes are sold to industrial original equipment manufacturers, converters, and disposable diaper producers worldwide in roll form and are available in a range of face materials, sizes, thicknesses and adhesive properties. Performance polymer products include a range of solvent- and emulsion-based acrylic polymer adhesives, protective coatings and other polymer additives for its internal use, as well as for sale to other companies. As of January 3, 2015, the PSM segment contributed to approximately 74% of the Company’s total sales.
Retail Branding and Information Solutions Segment
The Company’s Retail Branding and Information Solutions segment designs, manufactures and sells a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers on a global basis. The branding solutions of RBIS include creative services, brand embellishments, graphic tickets, tags, and labels, and sustainable packaging. RBIS information solutions include RFID-enabled inventory accuracy, visibility and loss prevention solutions; price ticketing and marking; care, content, and country of origin compliance solutions, and brand protection and security solutions. As of January 3, 2015, the RBIS segment contributed to approximately 25% of the Company’s total sales.
Vancive Medical Technologies Segment
The Company’s Vancive segment manufactures an array of pressure-sensitive adhesive products for surgical, wound care, ostomy, and electromedical applications. These products are sold primarily to medical supply and device manufacturers and healthcare providers. The Vancive Medical Technologies segment has also developed Metria wearable sensors and Benehold proprietary adhesive technology.
The Company competes with Raflatac, UPM-Kymmene Corporation, MACTac, Ritrama, Inc., Flexcon Corporation, Inc., 3M Company, the Orafol Group, Tesa-SE, Nitto Denko Corporation, Checkpoint Systems, Inc., R-pac International Corporation and SML Group Limited.
Avery Dennison Corp
207 N Goode Ave
GLENDALE CA 91203-1301