Flexible Packaging Leads the Way

and for graphics and convenience features that capture consumers' attention on store shelves. Our North American business is healthy and growing at a steady pace. This year we will be making substantial investments in new capacity to meet expected customer demand in 2006 and beyond."

Bemis has announced capital expenditures of between $185 and $200 million in 2005 to support its growth strategy. Curler explains the rationale for these expanded levels: "This is an exciting time to be working with global customers who are looking for innovative ways to capture the attention of consumers," said Curler. "With improving global economic conditions, new product initiatives, and competitive market environments, future growth at Bemis will be limited unless we expand our capacity in high-demand product areas. The capital investments that we make in 2005 will support our continued growth in 2006 and beyond."