Profile: Berry Plastics Group Inc (BERY.N)
Berry Plastics Group, Inc., incorporated on November 18, 2005, is a provider of plastic consumer packaging and engineered materials. The Company’s products utilizes research and development platform, which includes Company-owned molds, patents, manufacturing techniques and technologies. The Company sells its solutions into consumer-oriented end-markets, such as food and beverage, healthcare, and personal care. The Company has more than 13,000 customers, which consist of a diverse mix of national, mid-sized regional and local specialty businesses. The Company operates in four divisions: Rigid Open Top, Rigid Closed Top, (which together make up its Rigid Packaging business), Engineered Materials, and Flexible Packaging. On September 30, 2013, the Company acquired Graphic Packaging’s flexible plastics and films business (Graphic).
The Company’s Rigid Packaging business primarily consists of containers, foodservice items, closures, overcaps, bottles, prescription containers, and tubes. The end uses for its packages are consumer-oriented end markets, such as food and beverage, retail mass marketers, healthcare, personal care and household chemical. Many of the Company’s products are manufactured from molds that it develops and owns. In addition to a complete product line, it has decorating capabilities and in-house graphic arts and tooling departments. The Company manufactures a collection of nationally branded container products and also seeks to develop customized container products for niche applications by leveraging of its design, decoration and graphic arts capabilities. Its container capacities range from four ounces to five gallons and are offered in various styles with accompanying lids, bails and handles, some of which it produces, as well as an array of decorating options.
The Company provides of large size thermoformed polypropylene (PP) and injection-molded plastic drink cups in the United States. Additionally, the Company produces injection-molded plastic cups that range in size from 12 to 64 ounces. Primary markets for its plastic drink cups are quick service and family dining restaurants, convenience stores, stadiums and retail stores. The Company is a producer of closures and overcaps across several of its product lines, including continuous-thread and child-resistant closures, as well as aerosol overcaps. The Company sell its closures into numerous end markets, including vitamin/nutritional, chemical, healthcare, food/beverage, specialty and personal care. In addition to traditional closures, it is a provider of a selection of custom closure solutions, including fitments and plugs for medical applications, cups and spouts for liquid laundry detergent, and dropper bulb assemblies for medical and personal care applications. Its aerosol overcaps are used in a variety of consumer goods, including spray paints, household and personal care products, insecticides and numerous other commercial and consumer products.
The Company’s bottle and prescription container businesses target markets similar to its closure business. The Company offers an extensive line of stock polyethylene (PE) and polyethylene terephthalate (PET) bottles for the vitamin and nutritional markets. It also offers its customers decorated bottles with hot stamping, silk screening and labeling. The Company sells these products to personal care, pharmaceutical, food and its tubes into the pharmaceutical and household chemical markets. The Company offers a complete line of extruded and laminate tubes in a variety of sizes. The majority of its tubes are sold in the personal care market, focusing on products like facial/cold creams, shampoos, conditioners, bath/shower gels, lotions, sun care, hair gels, and anti-aging creams. The Company also sells tubes into the pharmaceutical and household chemical markets.
The Company’s Engineered Materials business primarily consists of pipeline corrosion protection solutions, tapes and adhesives, PE-based film products and can liners. It is a global producer of anti-corrosion products to infrastructure, rehabilitation and new pipeline projects throughout the world. Products include heat-shrinkable coatings, single- and multi-layer sleeves, pipeline coating tapes, anode systems for cathodic protection, visco-elastic, and epoxy coatings. These products are used in oil, gas, and water supply and construction applications. Its customers primarily include contractors managing discrete construction projects around the world as well as distributors and applicators. The Company is manufacturer of cloth and foil tape products. Its tape products include liners of splicing and laminating tapes, flame-retardant tapes, vinyl-coated and carton sealing tapes, electrical, double-faced cloth, masking, mounting, original equipment manufacturers (OEM), and medical and specialty tapes. These products are sold under the NationalTM, Nashua, and Polyken brands in the United States. Tape products are sold primarily through distributors and directly to end users and are used predominantly in industrial, HVAC, automotive, construction, and retail market applications. In addition to serving its core tape end markets, it is also a ding producer of tapes in the niche aerospace, construction and medical end markets.
The Company manufactures and sells a diversified portfolio of PE-based film products to end users in the retail markets. These products are sold under brands, such as Ruffies and Film-Gard. Its products include drop cloths and retail trash bags. These products are sold primarily through wholesale outlets, hardware stores and home centers, paint stores, and mass merchandisers. The Company offers an array of PVC meat film. Its products are used primarily to wrap fresh meats, poultry, and produce for supermarket applications. In addition, it offers a line of boxed products for food service and retail sales. It serves many of the supermarket chains, club stores, and wholesalers. The Company sells trash-can liners and food bags for offices, restaurants, schools, hospitals, hotels, municipalities, and manufacturing facilities. It also sells products under the Big City, Hospi-Tuff, Plas-Tuff, Rhino-X, and Steel-Flex brands. It sells stretch film products to distributors, retail, and industrial end users under the MaxTech and PalleTech brands.
The Company’s Flexible Packaging division consists of high barrier, multilayer film products, as well as finished flexible packages, such as printed bags and pouches. The end uses for its flexible products are consumer-oriented end markets, such as food and beverage, medical, and personal care The Company manufactures and sells a range of specialized, made-to-order film products ranging from mono layer to coextruded films having up to nine layers, lamination films sold primarily to flexible packaging converters and used for peelable lid stock, stand-up pouches, pillow pouches, and other flexible packaging formats. It also manufactures barrier films used for cereal, cookie, cracker, and dry mix packages that are sold directly to food manufacturers. It also manufactures films for specialized industrial applications ranging from lamination film for carpet padding to films used in solar panel construction. The Company is a converter of printed bags, pouches, and rollstock. Its manufacturing base includes integrated extrusion that combines with printing, laminating, bagmaking, Innolok, and laser-score converting processes. It is a supplier of printed film products for the fresh bakery, tortilla, and frozen vegetable markets with brands, such as SteamQuick Film, Freshview bags, and Billboard.The Company manufactures specialty coated and laminated products for a variety of packaging applications. The key end markets and applications for its products include food, consumer, healthcare, industrial and military pouches, roll wrap, multi-wall bags, and fiber drum packaging. Its products are sold under the MarvelGuard and MarvelSeal brands and are sold to converters who transform them into finished goods.
The Company competes with Airlite, Letica, Polytainers, Silgan, Aptar Group, Reynolds, Printpak, Tredegar, Bemis, AEP, Canusa, Sigma and 3M .
Berry Plastics Group Inc
101 Oakley Street
EVANSVILLE IN 47710
Company Web Links
- Beverage can maker Rexam to sell two healthcare units
- UPDATE 2-Beverage can maker Rexam to sell two healthcare units
- BRIEF-Berry Plastics reports Q4 shr $0.22
- BRIEF-Berry Plastics announces CFO Jim Kratochvil's retirement, appoints Mark Miles as replacement
- Rexam packaging unit eyed by three rivals, private equity firms: sources