Flexible packaging now has consumer conveniences, sustainability, reduced costs

By Tom Polischuk

Bemis reported record annual net sales, with organic sales growth accounting for about 7 percent of the total and acquisition-related growth, about 31 percent. For 2010, flexible packaging net sales of $4.27 billion represented a 43.2 percent increase compared to 2009. Acquisitions increased net sales by an estimated 36.4 percent; 4.4 percent of the increase was driven by higher sales across a variety of market categories.
President and CEO Henry Theisen states, “Our flexible packaging segment reported solid organic sales growth in 2010, driven by unit volume increases and sales mix improvements in a number of market categories. … Our technical teams are integrating the proprietary processes and material science expertise of our now larger organization and expect to accelerate new product development going forward.”