Bemis Company, Inc. is a manufacturer of flexible packaging products and pressure sensitive materials. The Company sells its products to customers throughout the United States, Canada, Mexico, South America, Europe, and Asia Pacific. It operates in two segments: Flexible Packaging and Pressure Sensitive Materials. During the year ended December 31, 2008, approximately 83% of the Company’s sales were derived from the Flexible Packaging segment, and approximately 17% were derived from the Pressure Sensitive Materials segment. The Company’s products are sold to customers primarily in the food industry. Other customers include companies in the businesses, such as chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, graphic industries and other consumer goods. In June 2009, the Company acquired the South American rigid packaging operations of Huhtamaki Oyj, a manufacturer of consumer and specialty packaging.
Bemis Company, Inc.
News
Yesterday, the Australian stocks closed lower led by weakness in mining and energy sectors following the drop in oil prices. The benchmark S&P/ASX200 index lost 44.5 points, or 1.16 per cent, to 3,783.7 points, while the broader All Ordinaries index was 42.4 points, or 1.11 per cent lower, to 3,784.2 points. Analysts expect the market remains low trading volume as the investors were nervous ahead of the reporting season.
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