10-K: BERRY PLASTICS CORP
10-K: BERRY PLASTICS CORP
(EDGAR Online via COMTEX) -- Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
You should read the following discussion in conjunction with the consolidated financial statements of Berry and its subsidiaries and the accompanying notes thereto, which information is included elsewhere herein. This discussion contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section. Our actual results may differ materially from those contained in any forward-looking statements.
Overview
We believe we are one of the world's leading manufacturers and marketers of plastic packaging products, plastic film products, specialty adhesives and coated products. We manufacture a broad range of innovative, high quality packaging solutions using our collection of proprietary molds and an extensive set of internally developed processes and technologies. Our principal products include containers, drink cups, bottles, closures and overcaps, tubes and prescription containers, trash bags, stretch films, engineered films, and tapes which we sell into a diverse selection of attractive and stable end markets, including food and beverage, healthcare, personal care, quick service and family dining restaurants, custom and retail, agricultural, horticultural, institutional, industrial, construction, aerospace, and automotive. We sell our packaging solutions to over 13,000 customers, ranging from large multinational corporations to small local businesses comprised of a favorable balance of leading national blue-chip customers as well as a collection of smaller local specialty businesses. We believe that we are one of the largest global purchasers of polyethylene resin. We believe that our proprietary tools and technologies, low-cost manufacturing capabilities and significant operating and purchasing scale provide us with a competitive advantage in the marketplace. Our unique combination of leading market positions, proven management team, product and customer diversity and manufacturing and design innovation provides access to a variety of growth opportunities. Our top 10 customers represented 17% of our fiscal 2011 net sales with no customer accounting for more than 3% of our fiscal 2011 net sales.
Rexam Beverage Can - News
By Toni Lepeska Chavez Sanders performs a quality check at Rexam Beverage Can in Olive Branch, where more than 2000 cans are produced every minute. The 490000-square-foot building is at 10800 Marina. A few of the 2.5 billion cans produced annually pass
In a joint venture with Rexam, the company is setting up an aluminium beverage can line. The HTW-Rexam JV is focused for only the beverage market, ie carbonated soft drinks and beer. The company is investing Rs 220 crore for a new aluminium line.
capital stock of Rexam SBC pursuant to an Equity Purchase Agreement by and among Rexam Inc., Rexam Closures and Containers Inc., Rexam Closure Systems Inc., Rexam Plastic Packaging Inc., Rexam Brazil Closure Inc., Rexam Beverage Can South America
His tips have an understandable bias towards American companies, but he has singled out one British company in his latest list: Rexam (LSE: REX), the world's largest beverage-can maker, has over 70 plants in 25 countries. According to Fisher's figures,
Britain's Rexam (REX) is the world's largest beverage-can maker-with over 70 plants in 25 countries. Two thirds of sales are in America and emerging markets like Brazil. It has lagged since 2009 and got clobbered in the recent correction.