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Submitted by nextproject2005 on September 19, 2005
Category: Business
Words: 7106 | Pages: 29
Views: 268
Popularity Rank: 42,076
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THE COMPANY
The Company is a leading global manufacturer of a wide range of protective and specialty packaging materials and systems that are used to protect a wide variety of products from damage during manufacture, shipment, storage and handling. The Company's principal classes of products include engineered products, surface protection and other cushioning products, and food packaging products. Certain of these products are also produced for non-packaging applications. The Company's operations are conducted primarily in the United States and in 17 other countries in North America, Europe and the Far East, and its products are distributed in these areas as well as in other parts of the world.
Engineered Products. These products, which accounted for approximately 40% of 1993 net sales, include the Company's Instapak (Registered Trademark) polyurethane foam packaging systems, thick polyethylene foams for packaging and non-packaging uses, and Korrvu (Registered Trademark) suspension packaging products.
Instapak (Registered Trademark) systems consist of proprietary blends of polyurethane chemicals and specially designed dispensing equipment, certain features of which are patented. The Company also manufactures a line of Instamate (Registered Trademark) polyolefin films, which are high-performance films designed for use with Instapak (Registered Trademark) systems. These systems produce just-in-time polyurethane foam cushions for a broad range of protective packaging applications.
Thick polyethylene foams, offered in varying densities and thicknesses, are used in applications in which a clean, non-abrasive material is required with such properties as shock absorption, vibration dampening, thermal insulation or buoyancy. The Company is also engaged in the development, manufacture and sale of Korrvu (Registered Trademark) suspension packaging, which is covered by certain patents. A Korrvu (Registered Trademark) package suspends a...
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