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Bemis Company Celebrates 150th Anniversary by Ringing New York Stock Exchange Closing Bell.


Bemis CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Board of Directors to Participate in Ceremony

NEENAH, Wis. -- 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
  • Form 10-K and Annual Report as of December 31, 2006
, Inc. (NYSE NYSE

See: New York Stock Exchange
:BMS BMS
abbr.
Bachelor of Marine Science
) will begin the celebration of its 150th anniversary by ringing The Closing Bell[R] at the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 on Thursday, January 31, 2008 at 4:00 p.m. EST. The bell ringing will be attended by Jeffrey Curler, Chairman and CEO of Bemis Company, and the Bemis Board of Directors. A live webcast of the event will be available beginning at 3:55 p.m. EST on the homepage of the New York Stock Exchange, www.nyse.com.

Since it began in 1858 as a simple operation above a machine shop in St. Louis, Missouri with only three employees, Bemis has grown to become the largest flexible packaging company in the Americas and a leader in the production of pressure sensitive materials, with 55 locations in 10 countries. The company has gone from producing simple seamless cotton bags for shipping flour to providing innovative and reliable packaging and pressure sensitive solutions to a vast array of customers and markets.

"The ringing of the New York Stock Exchange closing bell marks the beginning of an important year for Bemis," stated Curler. "We issued our first shares of stock in 1885 and have been listed on the New York Stock Exchange since 1966. Now, a century and a half after our founding, we can take this opportunity to celebrate our rich and distinctive history and look forward to continuing to serve our customers with creative solutions for the next 150 years."

Judson Moss Bemis, founder of the Bemis Company, was the first to champion the use of machine-sewn cotton bags instead of the hand-sewn bags more commonly used at the time. Finding success in textile bag production, Bemis produced new packaging materials as technology and consumer trends developed, expanding into paper bag production in 1913. In the 1950s Bemis began to explore the extrusion, printing, and conversion of polyethylene, and, in 1959, the company entered into the pressure-sensitive adhesives business.

Since the 1960s, Bemis has grown significantly, extending its presence in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and abroad with strategic acquisitions and moving away from textile bag production. The company has developed new technologies and products for food and consumer product packaging and expanded into new markets such as medical device and pharmaceutical packaging. In 2005, Bemis reached a new milestone, surpassing the $3 billion mark with a record $3.5 billion in net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
. As it moves into its anniversary year, Bemis anticipates a future marked by the same dedication to its customers, employees, shareholders, and consumers around the world that it has displayed in the 150 years since its founding.

Anniversary celebrations will begin at the Bemis annual meeting in May and include a traveling series of historical exhibits honoring the Bemis Company's history of excellence and innovation. The exhibits will be displayed at all Bemis locations worldwide.

About Bemis Company, Inc.

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 2007 net sales of $3.6 billion. The Company's flexible packaging business has a strong technical base in polymer chemistry Polymer chemistry or macromolecular chemistry is a multidisciplinary science that deals with the chemical synthesis and chemical properties of polymers or macromolecules. , film extrusion, coating and laminating lam·i·nate  
v. lam·i·nat·ed, lam·i·nat·ing, lam·i·nates

v.tr.
1. To beat or compress into a thin plate or sheet.

2. To divide into thin layers.

3.
, printing, and converting. The Company's pressure sensitive materials business specializes in adhesive technologies. Headquartered in 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. , Bemis employs about 15,700 individuals in 55 manufacturing facilities in 10 countries around the world. More information about the Company is available at our website, www.bemis.com.
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Publication:Business Wire
Date:Jan 30, 2008
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