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Slide #49. Bemis Company, Inc. — Foshan New Changsheng Plastics Films Co., LTD
Bemis Company, Inc. (BMS)
Foshan New Changsheng Plastics Films Co., LTD
Bemis Company, Inc. (NYSE-BMS) today announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co., LTD (NCS), a specialty film manufacturer located in Foshan, China. Details of the transaction were not disclosed. This transaction is not expected to impact Bemis' earnings per share guidance for 2013.
Bemis is a manufacturer of packaging products. The majority of Co.'s products are sold to customers in the food industry. The U.S. Packaging segment represents various food, consumer, and industrial products packaging-related manufacturing operations. The Latin America Packaging segment includes various food and non-food packaging-related manufacturing operations located in Latin America. The Rest of World Packaging segment includes various food and non-food packaging-related manufacturing operations located in Europe and Asia-Pacific as well as medical device and pharmaceutical packaging-related manufacturing operations in the U.S., Europe, and Asia.
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Hold (2.22 out of 4)
(ranked higher than approx. 76% of all stocks covered)
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