Edition:
United States

Profile: Silgan Holdings Inc (SLGN.OQ)

SLGN.OQ on NASDAQ Stock Exchange Global Select Market

52.67USD
26 Jul 2016
Change (% chg)

$0.28 (+0.53%)
Prev Close
$52.39
Open
$52.33
Day's High
$52.88
Day's Low
$52.25
Volume
107,660
Avg. Vol
105,119
52-wk High
$56.00
52-wk Low
$47.00

Silgan Holdings Inc. (Silgan), incorporated on April 6, 1989, is a manufacturer of rigid packaging for shelf-stable food and other consumer goods products. The Company operates through three segments: metal container, closures and plastic container. 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. It operates approximately 90 manufacturing plants in North America, Europe, Asia and South America.

Metal Container

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. The Company has approximately 50 metal container manufacturing facilities located in the United States, Europe and Asia, serving over 50 countries across the world. The manufacturing operations of its metal container business include cutting, coating, lithographing, fabricating, assembling and packaging finished cans.

Closures

The Company manufactures metal, composite and plastic closures for food and beverage products. The Company's closures business provides customers with a range of metal, composite and plastic closures. The Company has approximately 20 closure manufacturing facilities located in North America, Europe, Asia and South America, from which it serves over 70 countries across the world. 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. The Company offers its customers a range of printing options for its closures. The Company 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. The Company manufactures twist-off, lug style and press-on, twist-off steel closures and aluminum roll-on closures for glass, metal and plastic containers, ranging in size from 18 to 110 millimeters in diameter.

Plastic Containers

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. It operates over 20 plastic container-manufacturing facilities in the United States and Canada.

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. The Company 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, Crown Holdings, Inc., Global Closure Systems, Groupe Massilly and Tecnocap S.p.A., Alpha Packaging, Alpla-Werke Alwin Lehner GmbH & Co. KG, Amcor Limited, Berry Plastics Corporation, CCL Industries Inc., Cebal Americas, Consolidated Container Company LLC, Rank Group Limited and Plastipak Packaging Inc.

Company Address

Silgan Holdings Inc

4 LANDMARK SQ
STAMFORD   CT   06901-2502
P: +1203.9757110
F: +1203.9757902

Company Web Links