Bemis Company Announces Plan to Move Headquarters to Wisconsin.MINNEAPOLIS Minneapolis (mĭn'ēăp`əlĭs), city (1990 pop. 368,383), seat of Hennepin co., E Minn., at the head of navigation on the Mississippi River, at St. Anthony Falls; inc. 1856. -- Bemis Company Bemis Company, Inc. is an American manufacturer of flexible packaging products and pressure-sensitive materials, which are distributed worldwide. Bemis is part of the S&P 500 index. References
See: New York Stock Exchange :BMS BMS abbr. Bachelor of Marine Science ) announced today that its Board of Directors has approved the move of the Bemis Company corporate headquarters from Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. to Neenah, Wisconsin Neenah is a city on Lake Winnebago in Winnebago County, Wisconsin, United States. The population was 24,507 at the 2000 census. The city is surrounded by, but is politically independent of, the Town of Neenah. . The decision to move to Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee will impact only a few people and should be completed by May 2006. The existing Minneapolis office will remain open as an Administrative Office for finance, accounting, tax and information technology. Commenting on the change, Jeff Curler, Bemis Company's Chairman, President and Chief Executive Officer, said, "Bemis has had a long history as a part of the Minneapolis business community. The move of the headquarters to Wisconsin will bring our executive team closer to our largest operations. Although we have been based in Minneapolis for several decades, our company has been expanding and investing heavily in our Wisconsin operations. Our office in downtown Minneapolis will remain open as a Corporate Administrative Office and our three manufacturing plants in Minnesota will be unaffected. In Wisconsin, we will benefit from establishing our corporate headquarters in a location where we have the largest investment and concentration of employees and operations. Bemis currently has 12 plants and approximately 3,400 employees based in Wisconsin." Bemis Company is a major supplier of flexible packaging and pressure sensitive materials used by leading food, consumer products, manufacturing, and other companies worldwide. Founded in 1858, the Company reported 2004 sales of $2.8 billion, of which $2.2 billion was from the flexible packaging business segment and $0.6 billion was from the pressure sensitive materials business segment. Currently headquartered in Minneapolis, Minnesota, Bemis employs about 15,500 individuals in 61 manufacturing facilities in 11 countries around the world. In Minnesota, Bemis has approximately 350 employees in four locations including the Twin Cities area and Mankato. More information about the company is available at our website, www.bemis.com. |
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