Avery Dennison Corp. AVY

Avery Dennison Corporation (Avery Dennison), incorporated on February 23, 1977, is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). Some pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. Some materials are sold by it in converted form as tapes and reflective sheeting. The Company also manufactures and sells a range of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which the Company markets to retailers, apparel manufacturers, and brand owners. As of December 31, 2016, the Company operated approximately 180 manufacturing and distribution facilities and had operations in over 50 countries.

Label and Graphic Materials Segment

The Company's LGM segment manufactures and sells Fasson-, JAC-, and Avery Dennison-brand pressure-sensitive label and packaging materials, Avery Dennison- and Mactac-brand graphics, and Avery Dennison-brand reflective products. Pressure-sensitive materials consist primarily of papers, plastic films, metal foils and fabrics, which are coated with company-developed and purchased adhesives, and then laminated with specially coated backing papers and films. They are sold in roll or sheet form with either solid or patterned adhesive coatings, and are available in a range of face materials, sizes, thicknesses and adhesive properties. Its graphics and reflective products include a range of films and other products that are sold to the architectural, commercial sign, digital printing and other related market segments. The Company also sells cast and reflective films to the construction, automotive and fleet transportation market segments and reflective films for traffic and safety applications. The Company provides sign shops, commercial printers and designers a range of pressure-sensitive materials to enable them to create brand and decorative graphics. The Company has an array of pressure-sensitive vinyl and specialty materials designed for digital imaging, screen printing and sign cutting applications.

The Company competes with UPM-Kymmene Corporation, Lintec Corporation, Ritrama, Inc., Flexcon Corporation, Inc., 3M Company and Orafol Group.

Retail Branding and Information Solutions Segment

The Company's RBIS segment designs, manufactures and sells a range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers on a global basis. The branding solutions of RBIS include creative services, brand embellishments, graphic tickets, tags, and labels, and packaging. RBIS information solutions include item-level RFID solutions, visibility and loss prevention solutions; price ticketing and marking; care, content, and country of origin compliance solutions, and brand protection and security solutions.

The Company competes with CCL Industries Inc., R-pac International Corporation and SML Group Limited.

Industrial and Healthcare Materials Segment

The Company's IHM segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive-brand medical pressure-sensitive adhesive (PSA) based materials and products, and performance polymers. Its tape products include coated tapes and adhesive transfer tapes that are sold for use in non-mechanical fastening, bonding and sealing systems. The mechanical fasteners are primarily precision extruded and injection-molded plastic devices used in various applications in automotive, industrial, and retail applications. Its Vancive-brand products include an array of PSA materials and products that address the needs of medical device manufacturers, clinicians, and patients for surgical, wound care, ostomy, and electromedical device applications.

The Company competes with 3M Company, Tesa-SE and Nitto Denko Corporation.