Sealed Air

Sealed Air Corporation
Type Public (NYSE: SEE)
S&P 500 Component
Industry Packaging
Founded 1960
Headquarters Elmwood Park, NJ, USA (Headquarters)
Products Protective and Food Packaging
Revenue Net sales of $7.6 billion (2010)
Website www.sealedair.com

Sealed Air Corporation (NYSE: SEE) is a company that makes a variety of packaging materials, systems and equipment. Its brands include Bubble Wrap, Cryovac, Instapak, Shanklin. They have recently moved headquarters to Elmwood Park, New Jersey.

The company was founded in 1960 by inventors Alfred Fielding and Marc Chavannes [1] who developed AirCap cellular cushioning while they were trying to create textured wallpaper by capturing air between two thin layers of plastic. The wallpaper idea didn't work out, but they realised that their invention would make protective packing material and their idea evolved into Bubble Wrap. The company acquired Instapak in 1976 [2], Sentinel 1991 [3], the Cryovac Division of W. R. Grace and Company in 1998 [4], and Diversey in 2011.[5]

References

  1. ^ Peggy Kneffel Daniels, Susan E. Edgar (1993). Job Seeker's Guide to Private and Public Companies: The Northeast. p.237
  2. ^ John A. Quelch, Robert J. Dolan, Thomas J. Kosnik (1993). Marketing management: text and cases. p.536-538.
  3. ^ Jay P. Pederson (2003). International directory of company histories: Volume 57. p.315.
  4. ^ Hoover's Incorporated (2000). Hoover's Handbook of American Business: Volume 1. p.1258.
  5. ^ "Acquisition of Diversey completed". The Business Journal. October 3, 2011. http://www.bizjournals.com/milwaukee/news/2011/10/03/acquisition-of-diversey-completed.html. Retrieved October 25, 2011. 

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