AEP Industries Inc. operates as a manufacturer of flexible plastic packaging films in North America. The company manufactures and markets a line of polyethylene and polyvinyl chloride (PVC) flexible plastic packaging products, with consumer, industrial and agricultural applications. The company’s flexible plastic packaging films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture, carpeting, furniture, and textile industries. The company manufactures plastic films, principally from resins blended with other raw materials, which the company either sell or further process by printing, laminating, slitting or converting. The company manufactures both industrial grade products, which are manufactured to general industry specifications, and specialty products, which are manufactured under various exacting standards to assure certain required chemical and physical properties. Products Custom Films Majority of the custom films manufactured by the company, which might be approximately 35,000 products, are custom designed to meet the specific needs of its customers. The company manufactures a range of custom films, generally for industrial applications, including sheeting, tubing and bags. Bags are drum, box, carton and pail liners that are usually cut, rolled or perforated. These bags could also be used to package specialty items, such as furniture and mattresses. The company also manufactures films to protect items stored outdoors or in transit, such as boats and cars, and a range of shrink films, barrier films, and overwrap films. Stretch (Pallet) Wrap The company manufactures a line of stretch film products for both hand wrap and rotary applications, using both monolayer and co-extruded constructions used to wrap pallets of industrial and commercial goods for shipping or storage. The company also markets various pre stretch products designed for specialty uses. Food Contact The company manufactures specifically formulated in-store and pre-store films with its Resinite line of PVC food wrap for the supermarket and industrial markets. The company offers a range of products with approximately 50 different formulations. The company’s Griffin, Georgia facility also produces dispenser (Zip Safe cutter) boxes containing PVC food wrap for sale to consumers and institutions, including restaurants, schools, hospitals, and penitentiaries. These institutional PVC food wrap products are marketed under various private labels and under its own SealWrap name. The oxygen transmission properties of the company’s PVC films make them ideal for packaging fresh red meats, poultry, fish, fruits, vegetables and bakery products. The company also produces plastic cast film bags with a non-color reclosable zipper seal (Seal’N’Loc) and other food contact products, including blown plastic film fold-top bags. The Seal’N’Loc product line consists of sandwich bags, snack bags, quart size and gallon size bags. PROformance Films The company offers a range of coextruded polyethylene film products used as a critical component in flexible packaging laminations, direct food contact, protective masking, medical, pharmaceutical and industrial applications. The company manufactures these products using both blown and cast processes and offer mono to seven layer films. They are custom designed for strength, clarity, oxygen and moisture barriers, as well as other specifications required for demanding packaging applications. Canliners The canliners product line includes retail kitchen and standard trash bags, retail lawn and leaf trash bags and institutional trash bags all of which are available with flap ties, handles and draw tape closures. In addition to the different closures, the canliners come in different sizes, gauges (thickness), colors, scents, and strengths. Printed and Converted Films The company manufactures approximately 10 color printing, sheeting, and wicketed bags. The company’s printed and converted films provide printed rollstock to the food and beverage industries, and other manufacturing and distributing companies. The company also converts printed rollstock to bags for use by bakeries, fresh or frozen food processors, manufacturers or other dry goods processors. Other Products and Specialty Films The company also manufactures other products to meet the spectrum of its customers’ total packaging requirements. The company manufactures unplasticized PVC film for use in battery labels, credit card laminates, and various film products with agricultural applications, such as silage (Sunfilm sheet materials), smooth mulch films, and fumigation films. The company also produces disposable consumer and institutional plastic products for the food service, party supply and school/collegiate markets, marketed under the Sta-Dri brand name. Products produced include table covers and skirts, aisle runners, aprons, bibs, gloves, boots, freezer/storage bags, saddle pack bags, locker wrap and custom imprint designs. Marketing and Sales The company serves approximately 3,000 customers worldwide. The company sells either directly to customers who are end-users of its products or to distributors, including nation-wide brokers, for resale to end-users. Distribution In North America, the majority of the company’s deliveries are by contracted third parties, with approximately 11% of the U.S. shipments handled by the AEP private fleet. The private fleet is used to support most of the AEP logistics facilities. Research and Development In 2015, the company spent $2.0 million for research and development activities. History AEP Industries Inc. was founded in 1970. The company was incorporated in Delaware in 1985.
aep industries inc
(AEPI:Consolidated Issue Listed on NASDAQ Global Select )
95 Chestnut Ridge Road
Montvale, NJ 07645
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