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AEP Industries history
AEP Industries company history timeline
1973: Company opens its first factory in Moonachie, New Jersey.
In 1982 AEP Industries initiated a program to penetrate the specialty and premium market, where profit margins were higher.
With the opening of a 25-million-pound plant in Waxahachie, Texas, in 1985, the company now had total capacity of more than 125 million pounds and claimed to be the largest independent film processor in the United States.
Specialty and premium items accounted for about 11 percent of total sales in fiscal 1986.
AEP's net sales passed $100 million in fiscal 1988, when it earned record net income of $4.06 million.
1988: AEP begins producing ultra-high-performance stretch films.
New records of $120.96 million and $5.33 million, respectively, were established in fiscal 1989.
In 1989 AEP Industries purchased Design Poly Bag Corp. for stock from its shareholders, who included Barba and McFarland.
By the end of 1992 the average annual production capacity of AEP Industries' plants exceeded 290 million pounds.
1996: AEP greatly expands its scope by acquiring Borden, Inc.'s packaging division.
In 1998 AEP was the packaging industry's largest provider of supermarket, processor, and food-service films.
The long-term debt was $302 million at the end of fiscal 1999.
In January 2000 Borden, Inc. owned 32.4 percent of AEP's common stock.
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AEP Industries competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Aptar | 1992 | $3.6B | 13,000 | 87 |
| Pregis | 2005 | $700.0M | 1,000 | 94 |
| Anchor Packaging | 1963 | $172.0M | 500 | 39 |
| Snyder Industries | 1957 | $60.0M | 500 | 8 |
| Strategic Materials | 1896 | $400.0M | 3,000 | 109 |
| Pretium Packaging | 1992 | $450.0M | 3,000 | 65 |
| Menasha | 1849 | $450.0M | 4,000 | 113 |
| Pactiv | 1959 | $5.1B | 11,000 | 249 |
| Diamond Packaging | 1911 | $47.2M | 200 | 15 |
| Premier Packaging | 1994 | $13.2M | 200 | - |
AEP Industries history FAQs
Zippia gives an in-depth look into the details of AEP Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AEP Industries. The employee data is based on information from people who have self-reported their past or current employments at AEP Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by AEP Industries. The data presented on this page does not represent the view of AEP Industries and its employees or that of Zippia.
AEP Industries may also be known as or be related to AEP INDUSTRIES INC, AEP Industries, AEP Industries Inc, AEP Industries Inc., AEP Industries, Inc., Aep Industries and Berry Global Films, LLC.