Profile: Silgan Holdings Inc (SLGN.OQ)
26 May 2017
Silgan Holdings Inc., incorporated on April 6, 1989, is a holding company. The Company is a manufacturer of rigid packaging for consumer goods products. The Company operates in three business segments: metal containers, closures and plastic containers. Its metal container segment is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products. Its closures segment manufactures and sells metal, composite and plastic closures for food and beverage products. Its plastic containers segment manufactures and sells custom designed plastic containers and closures for personal care, food, healthcare, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products.
The Company's products include steel and aluminum containers for human and pet food and general line products; metal, composite and plastic closures for food and beverage products, and custom designed plastic containers and closures for personal care, food, healthcare, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products. As of December 31, 2016, its products were used for a range of end markets and it operated 87 manufacturing plants in North America, Europe, Asia and South America.
The Company manufactures metal containers in North America and Europe, and in North America. The Company's metal container business is engaged in the manufacture and sale of steel and aluminum containers that are used primarily by processors and packagers for food products, such as soup, vegetables, fruit, meat, tomato based products, seafood, coffee, adult nutritional drinks, pet food and other miscellaneous food products, as well as general line metal containers primarily for chemicals. Its metal container segment has operating facilities in North America, Europe and Asia. As of December 31, 2016, it had 46 metal container manufacturing facilities located in the United States, Europe and Asia, serving over 50 countries throughout the world. The manufacturing operations of its metal container business include cutting, coating, lithographing, fabricating, assembling and packaging finished cans.
The Company manufactures metal, composite and plastic closures for food and beverage products, such as juices and juice drinks, ready-to-drink teas, sports and energy drinks, dairy products, ketchup, salsa, pickles, tomato sauce, soup, cooking sauces, gravies, fruits, vegetables, preserves, baby food, baby juices and infant formula products. It provides customers of its closures business with custom formulations of sealing/lining materials. It offers its customers a range of printing options for its closures. It also provides customers with sealing/capping equipment and detection systems to complement its closures product offering for food and beverage products. The manufacturing operations for metal closures include cutting, coating, lithographing, fabricating and lining. As of December 31, 2016, the Company had 19 closure manufacturing facilities located in North America, Europe, Asia and South America, from which it served over 70 countries throughout the world.
The Company produces plastic containers from a range of resin materials and offers an array of molding and decorating capabilities. The Company manufactures high density polyethylene (HDPE) and polyethylene terephthalate (PET) containers for the personal care market in North America. The Company also manufactures plastic thermoformed barrier and non-barrier bowls and trays for shelf-stable food products. As of December 31, 2016, it operated 22 plastic container-manufacturing facilities in the United States and Canada. Its plastic container business is based in North America.
The Company manufactures custom designed and stock plastic containers for personal care and healthcare products, including containers for mouthwash, shampoos, conditioners, hand creams, lotions, liquid soap, respiratory and gastrointestinal products, cosmetics and toiletries; food and beverage products, including peanut butter, salad dressings, condiments, dairy products, powdered drink mixes and liquor; household and industrial chemical products, including containers for scouring cleaners, cleaning agents and lawn, garden and agricultural products, and pharmaceutical products, including containers for tablets and antacids. It also manufactures plastic closures, caps, sifters and fitments for food and household products, including salad dressings, peanut butter, spices, liquid margarine, powdered drink mixes and arts and crafts supplies. In addition, it manufactures plastic thermoformed barrier and non-barrier bowls and trays for food products, such as soups and other ready-to-eat meals and pet food, as well as thermoformed plastic tubs for personal care and household products, including soft fabric wipes.
The Company competes with Ardagh Group, Ball Corporation, Crown Holdings, Inc., Bericap Group, Berry Plastics Corporation, Rank Group Limited, Global Closure Systems, Groupe Massilly, Tecnocap S.p.A., Alpha Packaging, Alpla-Werke Alwin Lehner GmbH & Co. KG, Amcor Limited, CCL Industries Inc., Cebal Americas, Consolidated Container Company LLC and Plastipak Packaging Inc.
Silgan Holdings Inc
4 LANDMARK SQ
STAMFORD CT 06901-2502
Company Web Links
- BRIEF-Silgan posts Q1 adjusted earnings per share $0.62
- BRIEF-Silgan Holdings, units completed amendment, restatement of our existing senior secured credit facility
- BRIEF-Silgan announces partial redemption of its outstanding 5 pct senior notes
- BRIEF-Silgan announces pricing of new senior notes offerings
- BRIEF-Silgan reports new senior notes offerings