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$BERY made a great move picking up Qingdao for only $34 million this can reduce trade barriers in the Chinese market and be a precursor for a much larger move in China. We could see much larger revenues $$$$$$
At Berry Plastics, we are extremely proud of our history, and we welcome the opportunity to share information regarding our success stories and continued support of our local communities and environment. Our history is rich in product innovation, customer focus, and strategic growth. Throughout our history, it has been the dedication of our team members that has allowed Berry to grow into a leading global manufacturer of injection-molded plastic packaging, thermoformed products, flexible films and packaging, as well as tapes and corrosion protection products.
We began more than three decades ago with a simple vision: to become the leading manufacturer of injection molded packaging in the United States. That vision has been realized and exceeded. Today, Berry Plastics is comprised of four divisions:
Engineered Materials
Flexible Packaging
Rigid Closed Top
Rigid Open Top
Milestones
1967 Imperial Plastics established in Evansville, Indiana
1972 Entered the container packaging market
1983 Imperial Plastics purchased by Jack Berry, Sr., renamed Berry Plastics
1987 Berry opens second manufacturing facility in Henderson, Nevada
1988 Berry completes first acquisition: Gilbert Plastics, a New Jersey manufacturer of aerosol overcaps
1995 Entered the drink cup market
1997 Entered the consumer products market with acquisition of Packerware®
1998 Entered the closure market
2005 $1 billon in sales by expanding into bottles, tubes, and prescription vials with acquisition of Kerr®
2006 Apollo Management L.P. and Graham Partners, Inc., purchase Berry Plastics Corporation
2007 Berry Plastics and Covalence Specialty Materials complete merger
2008 Entered wide-mouth bottle market with acquisition of Captive Plastics