PASADENA, Calif.—Avery Dennison Corporation reported a net income of $101.5 million or $1.01 per share for the fourth quarter, compared with a $6.9 million or $0.07 per share loss last year. Reported results included restructuring and divestiture related charges and other items totaling $0.05 per share in 2006 and $0.99 per share in the prior year. Net of transition costs, the company’s savings in 2006 from restructuring efforts were approximately $50 million, and it expects to realize approximately $45 million in additional savings from 2006 restructuring actions in the current year. Avery Dennison recognized restructuring charges in the fourth quarter related to 2007 actions
Avery Dennison
KUNSHAN, Jiangsu, China—Avery Dennison Corporation announced the opening of the Philip M. Neal Asia Pacific Research Center, based in Kunshan, Jiangsu province in eastern China, that will act as a gateway for the company’s new products and technology into the Asia Pacific region. The state-of-the-art research center is named after Avery Dennison’s fourth chief executive officer, who retired from the company and its board of directors in 2005. It is the latest in a series of investments that reflect the company’s ongoing commitment to growth and technology in this fast-growing region. These investments include manufacturing, distribution, and sales operations in Guangzhou, Nansha, Kunshan, Tianjin,
KUNSHAN, Jiangsu, China—Avery Dennison Corporation announced the opening of the Philip M. Neal Asia Pacific Research Center, based in Kunshan, Jiangsu province in eastern China, that will act as a gateway for the Company’s new products and technology into the Asia Pacific region. The state-of-the-art research center is named after Avery Dennison’s fourth chief executive officer, who retired from the company and its board of directors in 2005. It is the latest in a series of investments that reflect the Company’s ongoing commitment to growth and technology in this fast-growing region. These investments include manufacturing, distribution and sales operations in Guangzhou, Nansha, Kunshan, Tianjin,
This year’s Smart Label Summit Europe, taking place November 15-16 at the Hotel Okura in Amsterdam, will focus on the combined advances in Smart and RFID label technology. The summit, hosted by the organizers of Labelexpo Europe, is designed to help label converters learn about the size of the market and growth forecasts, as well as provide practical advice on how to adopt this technology. Leading experts from some of the world’s top consumer brands will be taking center stage in Amsterdam later this month to share their expertise with the international delegation. The retail, healthcare, IT, transport, and FMCG sectors are all represented on
Creating packaging that drives consumers to ultimately purchase the product—whether on paper or film—is the challenge of any package printer. Promising to deliver the most attractive package to accomplish this objective is a proposition that converters take very seriously. And the trend toward smaller orders with less lead time makes this task even more difficult. Michael Dillon, business manager for Graphic Packaging Laminations, comments, “This trend is due to a variety of factors: the growing popularity of metallized papers and films as a way to catch consumer attention; the number of smaller consumer products companies exploring these materials; and the increase in the frequency
CLINTON, S.C.—Avery Dennison RFID announced that it has produced RFID 101, a multimedia training tool that combines a live narrator with animations, photos and video to walk the viewer through the history of RFID, technology basics, applications and markets, system components, RFID label converting, and tag testing and quality. Each major topic is a separate module, allowing the viewer to watch the presentation from start to finish (about 55 minutes) or to customize the presentation by watching select modules. Content for RFID 101 was developed by the technical team based at Avery Dennison RFID’s Atlanta Technical Center (ATC). Much of the content was inspired by
FIRST PLACE Collotype Labels, Mile End South, South Australia Concannon Press: Nilpeter Plates: Fuji Dies: Rotary Sleeve/Kocher + Beck Substrate: Avery Dennison Ink/Coating/Adhesive: UV Sicpa SECOND PLACE Collotype Labels, Mile End South, South Australia 3 Blind Moose Press: Nilpeter Plates/Screens: Fuji, Stork Dies: Kocher + Beck Substrate: Avery Dennison Ink/Coating/Adhesive: UV Sicpa THIRD PLACE Collotype Labels, Mile End South, South Australia Running with Scissors Press: Nilpeter Plates: Fuji Dies: Kocher + Beck Substrate: Avery Dennison Ink/Coating/Adhesive: UV Sicpa
FIRST PLACE Spear, Mason, Ohio SoBe Tsunami Press: GMC (Proprietary) Plates/Screens/Cylinders: Gallus, Stork Anilox: ARC Dies: ADT Substrate: Avery Dennison Ink/Coating/Adhesive: Sun Chemical, XSYS SECOND PLACE Spear, Mason, Ohio SoBe Lizard Lightning Press: GMC (Proprietary) Plates/Screens/Cylinders: Gallus, Stork Anilox: ARC Dies: ADT Substrate: Avery Dennison Ink/Coating/Adhesive: Sun Chemical, XSYS THIRD PLACE Spear, Mason, Ohio Cazadores Anejo Press: Kammann Anilox: ARC Dies: ADT Substrate: Avery Dennison Ink/Coating/Adhesive: Sun Chemical, XSYS
Q: How will this year’s Labelexpo compare with previous shows? A: The show will be bigger than Labelexpo Americas 2004, with more exhibitor space and more companies showcasing their product innovations. There is a great deal of renewed optimism in the American label market with converters and suppliers experiencing good growth rates during the last six months. With the market growing annually at a rate of five to six percent, the show provides an ideal platform for converters to learn about the latest developments affecting the future of the industry. The show forms an important part of many converters’ investment plans, with many converters
FIRST PLACE McDowell Label and Screen Printing Co., Inc., Plano, Texas 2006 Calendar Press: Gallus Plates/Screens/Cylinders: DuPont, Gallus, Wilson Mfg. Anilox Rolls: Harper Dies: Wilson SECOND PLACE Labelad Ltd., Markham, Ontario Mickey Christmas Press: Arsoma Plates/Sreens: Flint Group/Gallus Anilox Rolls: Praxair Dies: Webmark Substrates: Fasson Ink/Coatings: Sun Chemical, Rad-Cure THIRD PLACE Spear, Mason, Ohio Bacardi Silver Watermelon Press: GMC Plates/Sreens/Cylinders: DuPont, Gallus, Stork Anilox Rolls: ARC Dies: ADT Substrate: Avery Dennison Ink: Sun Chemical/XSYS