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Home > Company Index > Manufacturing > Rubber & Plastic Products > Applied Extrusion Technologies, Inc.

Applied Extrusion Technologies, Inc.
Nasdaq: AETC
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 NEWS FROM THE WIRES
Applied Extrusion Tech Q3 up on film demand
Jul 24 2001 07:10 AM PDT

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 PROFILE
Soft drinks, candy, and potato chips are the major food groups for Applied Extrusion Technologies (AET). The company produces oriented polypropylene (OPP) films used to make labels for plastic soft drink containers and packages for snack foods. AET sells its OPP films to converters (companies that print text and graphics on the films) and to end users in the food and beverage industries. AET also makes apertured, or porous, films used as facing material for products such as adhesive bandages. AET's films can be found on products from Pepsi and Coke soft drinks to Mars candy bars and Lipton tea bags. AET operates manufacturing plants in the US in Delaware, Indiana, and Virginia, and in Canada in Quebec.

 COMPETITION
Exxon Mobil Corporation (XOM)
Griffon Corporation (GFF)
Toyobo Co., Ltd. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 268.40
1-Yr. Sales Growth: 13.2%
Employees: 1,100
Revenue per employee: $244,000.00

 KEY PEOPLE
• Thomas E. Williams
    CEO
• Anthony J. Allott
    CFO

 CONTACT INFO
3 Centennial Dr.
Peabody, MA 01960
US
Phone: 978-531-6763
Fax: 978-538-1507
Online: Web Site

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