AEP Industries Inc.
AEP Industries Inc.. AEP Industries Inc. is a manufacturer of plastic packaging films in North America. The Company is engaged in the production, manufacture and distribution of polyethylene and polyvinyl chloride flexible plastic packaging products for the food/beverage, industrial and agricultural markets. The Company's plastic packaging films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, and construction, agriculture and textile industries. The Company's products include custom films, stretch (pallet) wrap, food contact, PROformance films, canliners, printed and converted films, and other products and specialty films. It manufactures plastic films, principally from resins blended with other raw materials, which it either sells or further processes by printing, laminating, slitting or converting. It manufactures both industrial grade products and specialty products. The Company operates in the United States and Canada.
AEP Industries Inc. reported sales of $1.10 billion
October of 2016.
decrease of 4.0%
versus 2015, when the company's sales were $1.14 billion.
Contributing to the drop in overall sales was the 17.2% decline
in Proformace Films, from $63.16 million to $52.27 million.
There were also decreases in sales in
Custom Films (down 6.5% to $334.42 million)
Stertch (Pallet) Wrap (down 2.7% to $323.88 million)
Canliners (down 0.0% to $144.40 million)
Other Products and Specialty Films (down 8.8% to $42.96 million)
Printed and Converted Films (down 2.1% to $29.91 million)
However, these declines were partially offset by the increase in sales of
Food Contact (up 1.5% to $168.00 million)