Packaging & Containers Industry | Consumer Cyclical Sector | Mr. Jason Kent Greene CEO | NYSE Exchange | 08579W103 Cusip |
US Country | 40,000 Employees | 16 Dec 2024 Last Dividend | 5 Nov 2024 Last Split | 4 Oct 2012 IPO Date |
Berry Global Group, Inc. is a prominent player in the manufacturing and supply of non-woven, flexible, and rigid products catering to the diverse needs of consumer and industrial end markets. With a broad operational footprint, the company serves clients in the United States, Canada, Europe, and other international locales. The business structure of Berry Global Group is organized into four distinct segments: Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties. Each segment focuses on delivering specialized products and solutions aligned with the unique demands of their respective markets. Originally founded in 1967 and initially known as Berry Plastics Group, Inc., the company transitioned to its current name, Berry Global Group, Inc., in April 2017. Headquartered in Evansville, Indiana, Berry Global emphasizes innovation, sustainability, and customer satisfaction through its diverse product offerings and global distribution network.
This segment provides an array of packaging and dispensing solutions, including closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. These products are designed to meet the rigorous standards of the international markets, offering both functionality and innovative design.
Specific to the North American market, this segment offers containers and pails, foodservice products, closures, bottles, prescription vials, and tubes. The focus is on delivering high-quality packaging solutions that cater to the food, pharmaceutical, and personal care industries within North America.
The Engineered Materials segment produces a broad range of film products, including stretch and shrink films, converter films, as well as products for food and consumer packaging, agriculture, and institutional can liners and retail bags. These materials are engineered to provide critical functionality across various applications, including packaging, agriculture, and retail.
This segment focuses on the production of materials for healthcare, hygiene, and specialty applications, including tapes. It caters to the needs of sectors demanding high sanitation and safety standards, such as medical, personal care, and industrial applications.