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  September 5, 2001
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Home > Company Index > Manufacturing > Packaging & Containers > Klöckner-Werke AG

Klöckner-Werke AG
 PROFILE
Klöckner-Werke thinks it's a good time to stack up sales of its packaging products. The industrial conglomerate traces its roots to 1897 and has a long history forged in iron and steel. The company now makes hard foils and rigid plastic films for food, cosmetic, and pharmaceutical packaging and for credit cards. It also makes packaging and filling machinery. Klöckner-Werke ended a prolonged slump by selling its car components subsidiary and restructuring its plastic films unit. A subsidiary's purchase of Stager AG will substantially boost its annual production of PET foils. German property investment group WCM Beteiligungs- und Grundbestiz owns about 40% of Klöckner-Werke and has offered to acquire the remainder.

 COMPETITION
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Sidel SA (SIELY)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 4,702.20
1-Yr. Sales Growth: 103.4%
Employees: 11,495
Revenue per employee: $409,064.81

 KEY PEOPLE
• Heinz-Ludwig Schmitz
    CEO

 CONTACT INFO
Klöcknerstraße 29
D-47057 Duisburg, Germany
Phone: 49-203-3-96-32-45
Fax: 49-203-3-96-35-35
Online: Web Site

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