Profile: Silgan Holdings Inc (SLGN.OQ)

SLGN.OQ on NASDAQ Stock Exchange Global Select Market

54.49USD
26 Dec 2014
Price Change (% chg)

$-0.20 (-0.37%)
Prev Close
$54.69
Open
$54.75
Day's High
$54.98
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$54.39
Volume
19,433
Avg. Vol
79,719
52-wk High
$54.98
52-wk Low
$43.79

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Silgan Holdings Inc., incorporated on April 6, 1989, is a manufacturer of rigid packaging for shelf-stable food and other consumer goods products. The Company operates three businesses: metal container business, closures business and plastic container business. The Company’s products include steel and aluminum containers for human and pet food and general line products; metal, composite and plastic vacuum closures for food and beverage products and plastic closures for the dairy and juice markets, and custom designed plastic containers, tubes and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural chemical, automotive and marine chemical products. The Company’s products are used for a variety of end markets and it operates 81 manufacturing plants in North America, Europe, Asia and South America. In July 2012, the Company acquired Ontas Oner Teneke Ambalaj Sanayi ve Ticaret A.S. In August 2012, it acquired the plastic food container operations of Rexam PLC. Effective October 22, 2013, Silgan Holdings Inc acquired Portola Packaging Inc. Effective September 15, 2014, Silgan Holdings Inc acquired Van Can Co.

Metal Containers

The Company is a manufacturer of metal containers in North America and Europe, and in North America it is a manufacturer of metal food containers with a unit volume market share in the United States. Its 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, coffee, seafood, adult nutritional drinks, pet food and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Company has 44 metal container manufacturing facilities located in the United States, Europe and Asia, serving over 50 countries throughout the world, which includes several new facilities in developing Eastern countries. It is manufacturer of metal, composite and plastic vacuum closures for food and beverage products.

Closures

The Company’s closures business provides customers with an extensive variety of metal, composite and plastic vacuum closures that ensure closure quality and safety, as well as capping/sealing equipment and detection systems to complement its closures product offering. In addition, it manufactures plastic closures for the North American dairy and juice markets. The Company has 16 closures manufacturing facilities located in North America, Europe, Asia and South America, from which it serves over 70 countries throughout the world. In addition, it licenses its technology to five other manufacturers for various markets it does not serve directly.

Plastic Containers

The Company is a manufacturer of plastic containers in North America for a variety of markets, including the personal care, food, health care and household and industrial chemical markets. It produces plastic containers from a full range of resin materials and offers a comprehensive array of molding and decorating capabilities. The Company produces plastic containers from a range of resin materials and offers a comprehensive array of molding and decorating capabilities. It is manufacturers of custom designed high density polyethylene (HDPE), and polyethylene terephthalate (PET), containers for the personal care market in North America. The Company The Company manufactures custom designed and stock HDPE containers for personal care and health care products, including containers for shampoos, conditioners, hand creams, lotions, cosmetics and toiletries; household and industrial chemical products, including containers for scouring cleaners, cleaning agents and lawn, garden and agricultural chemicals, and pharmaceutical products, including containers for tablets, antacids and eye cleaning solutions. It manufactures custom designed and stock PET containers for mouthwash, shampoos, conditioners, respiratory and gastrointestinal products, liquid soap, skin care lotions, peanut butter, salad dressings, condiments and liquor. It also manufactures plastic tubes primarily for personal care products, such as skin lotions and hair treatment products, and plastic containers, closures, caps, sifters and fitments for food, household and pet care 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., Mivisa Envases, S.A.U., Berry Plastics Corporation, Closures Systems International, Inc., Groupe Massilly, Tecnocap S.p.A., Alpla-Werke Alwin Lehner GmbH & Co., Amcor PET Packaging, CCL Industries Inc., Cebal Americas, Consolidated Container Company LLC, Constar International, Inc., Graham Packaging Company Inc., Plastipak Packaging Inc. and Sonoco Products Company.

Company Address

Silgan Holdings Inc

4 LANDMARK SQ
STAMFORD   CT   6901
P: +1203.9757110
F: +1302.6555049

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