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29:
41:
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name of the current entity, but now a vastly larger corporation due to the Grace components. Years later, in 2002, this Sealed Air
Corporation was required to pay to W. R. Grace Company-Conn $ 728 million to settle bankruptcy and fraud allegations brought against the original merger. T.J. Dermot Dunphy served as CEO from 1971 to 2000. An
328:
In 1957, American engineer Alfred W. Fielding and Swiss inventor Marc
Chavannes sought to invent plastic wallpaper with a paper backing. While the wallpaper failed, Fielding and Chavannes realized that their invention could be a packing material. Sealed Air was founded in 1960 based on this invention
499:
One of the uses of
Cryovac is to wrap food. Once wrapped, most of the air in the package is removed to prevent oxidation and inhibit the growth of most pathogens. This process also gives food a longer shelf life in the refrigerator or freezer and makes freezer burn nearly impossible. Cryovac Inc., a
428:
film used to protect delicate surfaces from scratches and the company's first product not based on its bubble technology. The same year, Sealed Air brought their market to Europe by acquiring 10 percent of Sibco
Universal, S.A., a French manufacturing firm. Over the next few years, Sealed Air bought
356:
William Hickey served as CEO from 2000 to March 2013. He previously served in several capacities at Sealed Air, including COO, executive vice president, CFO, vice president, and general manager of the Food
Packaging Division and the Cellu Products Division. Before working for Sealed Air, he was CPA
340:
Shortly after a 1998 business restructuring of the global conglomerate W.R. Grace
Company-Conn, the original Sealed Air was merged into Grace subsidiary W. R. Grace & Co. NY, and the surviving company was named W. R. Grace & Co. Soon this W.R. Grace & Co renamed itself Sealed Air, the
487:
Initially created as a failed wallpaper, Bubble Wrap was subsequently used as a greenhouse insulator. Finally, it took on its best-known use as a packaging material. In its earliest form, Bubble Wrap suffered from leaky bubbles, but by the mid 1960s a special coating was developed to prevent the
454:
In 1998, Sealed Air was acquired and merged with the
Cryovac Division of W.R. Grace for a $ 4.9 billion stock trade, and spun off from the Grace parent holding company as W. R. Grace, Inc. That corporation changed its name to the current Sealed Air. In June 2000, Sealed Air purchased Dolphin
420:
In 1970, Sealed Air acquired Smith
Packaging Ltd., which was later renamed Sealed Air of Canada, Ltd., marking Sealed Air's first international move. In 1971, Sealed Air began marketing a new product; by laminating the AirCap cushioning to paper, the company now had Mail Lite padded shipping
474:
Sealed Air's food care division makes packaging for the food and beverage industry, while its product care division produces protective and specialty packaging materials for a wide range of goods.
436:
foam that comes in a variety of densities. Used primarily for shipping, the foam-in-bag process molds to the shape of the object and expands to fill the void space of its shipping container.
1447:
1422:
1452:
412:
In
October 2023, Ted Doheny stepped down as CEO. Emile Chammas, Chief Operating Officer and Dustin Semach, Chief Financial Officer served as interim co-Presidents and co-CEOs.
1432:
590:
1213:
443:
in 1993. In 1994, Sealed Air followed up with the further acquisitions of
Hereford Paper and Allied Products Ltd., Sup-Air-Pack, Fill Air, and packaging companies based in
1185:
1427:
353:, he became chairman of Kildare Enterprises, LLC in November 2000 after leaving Sealed Air. During his tenure at Sealed Air, sales grew from $ 5 million to $ 3 billion.
391:. He previously served as president and COO of Sealed Air before taking over as CEO, and prior to joining Sealed Air, he worked in several managerial roles with the
1437:
496:
Cryovac is a thin plastic, used to shrink or wrap objects. Depending on the type of job required of it, the plastic comes in a variety of thickness and durability.
488:
bubbles from losing air. In 1969, Sealed Air reported $ 4 million in sales, mostly attributed to Bubble Wrap, as it was still a proprietary product at that time.
751:
620:
1442:
439:
Sealed Air acquired Cellu Products Co. and Dri-Loc in 1983, Jiffy in 1987, Sentinel in 1991, Trigon Packaging NZ in 1993, and the Shurtuff Division of
337:. Fielding served as executive vice president and director of Sealed Air until his retirement in 1987, while Chavannes worked mostly as a consultant.
1311:
1457:
1242:
566:
409:
In May 2023, the corporation announced that it would adopt the corporate brand SEE, while retaining the legal name of Sealed Air Corporation.
1013:
440:
379:
In March 2013, Jérôme Péribère took over as CEO and president of Sealed Air. He obtained his business economics and finance degree from
678:
245:
537:
346:
940:
783:
1120:
682:
1093:
1060:
1267:
368:
in 2003, victims' lawyers suggested that Sealed Air had produced some of the foam that was ignited in the fire. Sealed Air
912:
756:
879:
466:
In October 2017, Sealed Air acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam.
1289:
970:
504:-based company, created this product in the 1950 to extend the shipping distance of freshly slaughtered turkeys for
369:
365:
320:, United States, led by Chief Operating Officer Emile Chammas, President, Dustin Semach, and CEO Patrick Kivits.
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317:
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128:
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83:
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Packaging for $ 119 million, to better serve its European customers. In October 2011, Sealed Air acquired
646:
595:
392:
234:
679:"Alfred W. Fielding '39 Co-invented Bubble Wrap Stevens Schaefer School of Engineering and Science"
313:
202:
1218:
1190:
615:
28:
1065:
1009:
1003:
975:
884:
719:
342:
846:
686:
316:
cushioning packaging. With over $ 5.5+ billion in revenues in 2023, it is headquartered in
788:
398:
On July 23, 2014, Sealed Air announced that it would be moving its global headquarters to
842:
333:. The same year, Sealed Air raised $ 85,000 (equivalent to $ 880,000 in 2023) in its
1384:
501:
456:
403:
66:
1138:
1416:
74:
714:
505:
460:
433:
425:
1070:
40:
980:
1394:
380:
330:
1094:"Sealed Air Corp. moving headquarters to Charlotte, bringing nearly 1,300 jobs"
793:
257:
92:
52:
889:
685:- Charles V. Schaefer, Jr. School of Engineering and Science. Archived from
509:
106:
1029:
312:, is a packaging company known for its brands: Cryovac food packaging and
1366:
https://www.baltimoresun.com/news/bs-xpm-2002-11-30-0211300143-story.html
1346:
1005:
Killer Show: The Station Nightclub Fire, America's Deadliest Rock Concert
1404:
87:
444:
429:
out the rest of Sibco and came up with the Sealed Air Solar Blanket.
388:
1214:"COMPANY NEWS; INVENTOR OF BUBBLE-WRAP PLASTIC TO EXPAND IN EUROPE"
1186:"COMPANY NEWS; W.R. GRACE AND SEALED AIR LOSE RULING IN FRAUD SUIT"
1160:
647:"CEO who moved Bubble Wrap maker to Charlotte retiring at year end"
424:
In 1973, Sealed Air began marketing Ply-Mask, a pressure-sensitive
544:. U.S. Security and Exchange Commission. March 2, 2020. p. 30
448:
384:
269:
1342:"Jane Says: Vacuum-Packing Is the Easiest DIY Preserving Method"
1378:
1243:"Sealed Air completes sale of Diversey Care to Bain Capital"
538:"SEC Form 10-K For the fiscal year ended December 31, 2019"
1312:"Shrink Film Products: Sealed Air, Cryovac Shrink Films"
591:"Sealed Air CEO sees higher profits in next three years"
294:
1268:"Sealed Air to Acquire Asian Specialty Foam Business"
1139:"Instapak® Foam in Place Packaging Synergy Packaging"
941:"The hype and rise of 3D printing and Avi Reichental"
16:
Packaging company headquartered in the United States
752:"Alfred Fielding Packaged His Invention Just Right"
640:
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62:
50:
1030:"Packaging company settles in R.I. nightclub fire"
1364:11. Bloomberg News, as recorded in Baltimore Sun
1055:
1053:
1051:
837:
835:
833:
831:
432:Acquired in 1977, Instapak foam is an expanding
406:. In January 2018, Ted Doheny took over as CEO.
1448:Manufacturing companies based in North Carolina
1423:Companies listed on the New York Stock Exchange
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567:"Sealed Air Announces New Corporate Brand SEE®"
1314:. McLeod & Dewey Packaging. Archived from
584:
582:
580:
191:Patrick Kivits (CEO) Dustin Semach (President)
1241:Whitworth, Joseph James (September 5, 2017).
45:SEE headquarters in Charlotte, North Carolina
8:
1453:Companies based in Charlotte, North Carolina
21:
1433:Manufacturing companies established in 1960
1335:
1333:
745:
743:
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1390:Business data for Sealed Air Corporation:
1383:
39:
27:
20:
913:"The Accidental Invention of Bubble Wrap"
708:
706:
704:
673:
671:
669:
1428:Packaging companies of the United States
520:
1438:American companies established in 1960
1180:
1178:
1121:"SEE Announces Leadership Transition"
1036:. The Associated Press. June 13, 2008
778:
776:
774:
645:Rothacker, Rick (September 7, 2017).
561:
559:
7:
1292:. Securities and Exchange Commission
939:Petch, Michael (December 2, 2019).
589:Burke, Michael (October 16, 2013).
623:from the original on March 3, 2014
14:
1443:1960 establishments in New Jersey
911:Kindy, David (January 23, 2019).
750:Seitz, Patrick (August 4, 2011).
376:, but did not admit wrongdoing.
713:Burke, Monte (April 26, 2006).
683:Stevens Institute of Technology
1458:1960s initial public offerings
1092:Dunn, Andrew (July 23, 2014).
361:'s Latin American operations.
1:
370:paid $ 25 million to victims
1340:Lear, Jane (May 29, 2013).
459:, until its acquisition by
357:at Arthur Young and CFO of
118:; 64 years ago
1474:
366:the Station nightclub fire
345:graduate who received his
757:Investor's Business Daily
318:Charlotte, North Carolina
158:Charlotte, North Carolina
38:
33:Logo from rebrand in 2023
26:
1270:. Sealed Air Corporation
1161:"Sealed Air Corporation"
611:"Sealed Air Corporation"
251:US$ 578.5 million (2019)
129:Saddle Brook, New Jersey
1008:. UPNE. pp. 215–.
359:W. R. Grace and Company
351:Harvard Business School
335:initial public offering
275:US$ 5.77 billion (2019)
1099:The Charlotte Observer
1002:John Barylick (2012).
945:3DPrintingIndustry.com
784:"14 Investors We Love"
652:The Charlotte Observer
310:Sealed Air Corporation
263:US$ 263 million (2019)
22:Sealed Air Corporation
1073:on December 25, 2014
983:on November 22, 2013
393:Dow Chemical Company
1141:. Synergy Packaging
1127:. October 23, 2023.
463:in September 2017.
441:Shuford Mills, Inc.
395:from 1977 to 2012.
281:Number of employees
167:Number of locations
23:
1290:"Form 10-K (2012)"
1219:The New York Times
1191:The New York Times
689:on January 8, 2014
616:The New York Times
285:16,500 (2019)
142:Alfred W. Fielding
1061:"Jerome Peribere"
1015:978-1-61168-265-6
843:"Sealed Air Corp"
596:The Journal Times
483:Bubble Wrap brand
457:Diversey Holdings
374:civil settlements
343:Oxford University
303:
302:
1465:
1387:
1382:
1381:
1379:Official website
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1358:
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1354:
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1325:
1323:
1318:on June 16, 2010
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1069:. Archived from
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979:. Archived from
971:"William Hickey"
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246:Operating income
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1222:. June 29, 2000
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1194:. July 31, 2002
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796:on May 22, 2009
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892:on May 7, 2013
880:"T. J. Dunphy"
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792:Archived from
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576:
573:. May 2, 2023.
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502:South Carolina
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1363:
1353:November 21,
1351:. Retrieved
1345:
1322:November 21,
1320:. Retrieved
1316:the original
1306:
1296:November 21,
1294:. Retrieved
1284:
1272:. Retrieved
1262:
1252:December 24,
1250:. Retrieved
1246:
1236:
1226:November 21,
1224:. Retrieved
1217:
1208:
1198:November 21,
1196:. Retrieved
1189:
1167:November 21,
1165:. Retrieved
1155:
1145:November 21,
1143:. Retrieved
1133:
1124:
1115:
1103:. Retrieved
1097:
1087:
1077:November 21,
1075:. Retrieved
1071:the original
1064:
1040:February 20,
1038:. Retrieved
1033:
1024:
1004:
997:
987:November 21,
985:. Retrieved
981:the original
974:
950:December 17,
948:. Retrieved
944:
934:
922:. Retrieved
916:
906:
896:November 21,
894:. Retrieved
890:the original
883:
862:
852:November 21,
850:. Retrieved
800:November 21,
798:. Retrieved
794:the original
787:
763:November 21,
761:. Retrieved
755:
726:November 21,
724:. Retrieved
718:
693:November 21,
691:. Retrieved
687:the original
656:. Retrieved
650:
627:November 21,
625:. Retrieved
614:
605:
594:
570:
546:. Retrieved
541:
506:Thanksgiving
498:
495:
486:
473:
465:
461:Bain Capital
453:
438:
434:polyurethane
431:
426:polyethylene
423:
419:
416:Acquisitions
411:
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397:
378:
363:
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309:
305:
304:
270:Total assets
237:4.79 billion
153:Headquarters
63:Company type
18:
1400:SEC filings
924:October 26,
918:Smithsonian
715:"Wrap Star"
421:envelopes.
381:Sciences Po
331:Bubble Wrap
314:Bubble Wrap
203:Bubble Wrap
177:Area served
93:S&P 600
1417:Categories
1105:August 15,
516:References
470:Operations
258:Net income
213:Sealed Air
187:Key people
53:Trade name
1163:. YCharts
510:Christmas
400:Charlotte
295:sealedair
107:Packaging
95:component
75:Traded as
1347:TakePart
1274:July 27,
1034:NBC News
658:July 27,
621:Archived
216:Liquibox
136:Founders
103:Industry
548:July 2,
542:SEC.gov
324:History
290:Website
230:Revenue
222:prismiq
210:Autobag
207:Cryovac
121: (
113:Founded
86::
1405:Yahoo!
1395:Google
1066:Forbes
1012:
976:Forbes
885:Forbes
720:Forbes
478:Brands
445:Norway
389:France
364:After
239:(2019)
219:Nexcel
196:Brands
181:Global
160:, U.S.
131:, U.S.
449:Italy
385:Paris
349:from
1355:2013
1324:2013
1298:2013
1276:2018
1254:2019
1228:2013
1200:2013
1169:2013
1147:2013
1107:2018
1079:2013
1042:2023
1010:ISBN
989:2013
952:2019
926:2019
898:2013
854:2013
802:2013
789:Inc.
765:2013
728:2013
695:2013
660:2018
629:2013
550:2020
508:and
297:.com
235:US$
171:200+
123:1960
116:1960
84:NYSE
383:in
372:in
347:MBA
329:of
306:SEE
127:in
88:SEE
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