SEE increases its investments in automated packaging systems

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Expand and modernize global facilities with advanced manufacturing and digital technology

CHARLOTTE, NC – (BUSINESS WIRE) – Sealed Air Corporation (NYSE: SEE) has committed more than $ 30 million in capital to expand global production capacity and invest in new equipment systems to meet growing demand for automated packaging systems (APS) AUTOBAG® branded solutions, a Sealed Air acquisition completed in 2019.

The investment is for capacity expansion, ‘contactless’ automation and proprietary digital printing technologies primarily at SEE’s APS facilities in Streetsboro and Bedford Heights, Ohio and Keyser, West Virginia, and will be completed in 2021. The company will also increase capacity and install new equipment at APS sites in Malvern, UK; Cavite, Philippines; and Qingpu, China.

The successful acquisition and integration of APS into SEE has accelerated our growth and innovation in ‘contactless’ automation and bagging systems for e-commerce, industrial and food customers, ”said Sergio Pupkin , Director of Growth and Strategy for Sealed Air.

Doubling AUTOBAG® Equipment sales over the next three years

The acceleration of e-commerce driven by the pandemic has increased demand for automated packaging solutions in several end markets, including online retailers, consumer goods, medical supplies, industrial products and food.

“As our customers move their facilities to a more contactless environment, we are experiencing increasing demand for our AUTOBAG® automated equipment and sustainable packaging materials,” said Pupkin. “These investments will allow us to meet this rapidly growing demand by delivering automated solutions that make our customers’ operations safer, smarter and faster. ”

Our employees are making the difference in this new automated world

The company’s ‘contactless’ automation initiative is creating new jobs and driving demand for a skilled workforce capable of supporting critical supply chain and helping SEE to meet its growing achievement goals. The company is hiring for about 80 APS jobs in Ohio and West Virginia.

All vacant Sealed Air positions are posted on the company’s career web page.

About air sealed

Sealed Air (NYSE: SEE) is on a mission to protect, solve critical packaging issues, and make our world a better place than we found it in. Our technology, solutions and packaging systems create a safer, more resilient and less expensive global food supply chain, enable e-commerce and protect goods transported around the world.

Our globally recognized brands include CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems, BUBBLE WRAP® brand packaging and SEE ™ automation solutions.

SEE’s operating model, along with leading experts in materials, engineering, technology and science, is driving our innovative solution systems to be more sustainable, automated and digitally connected.

SEE leads the packaging industry to create a more environmentally, socially and economically sustainable future and is committed to designing or advancing 100% of its packaging materials to be recyclable or reusable. by 2025, and a bolder goal of achieving zero net carbon emissions in its global operations by 2040. The company is also committed to a diverse workforce and an inclusive culture through its 2025 commitment to diversity, equity and inclusion.

SEE generated sales of $ 4.9 billion in 2020 and has approximately 16,500 employees who serve customers in 117 countries / territories. To learn more, visit sealair.com.

Website Information

We regularly post important information for investors on our website, sealair.com, in the Investors section. We use this website as a means to disclose material, non-public information and to comply with our disclosure obligations under the FD Regulation. Accordingly, investors should keep an eye on the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. Information contained on or accessed through our website is not incorporated by reference into and does not form part of this document.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to our business, consolidated financial condition and results of operations. Forward-looking statements are subject to risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements may be identified by words such as “anticipate”, “believe”, “plan”, “assume”, “could”, “should”, “estimate”, “” seek “,” predict “,” may “,” will “and similar references to future periods. All statements other than statements of historical fact included in this press release concerning our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements Examples of forward-looking statements include, but are not limited to, statements we make regarding expected future results of operations, expectations regarding the results of restructuring and other programs, expected levels of capital expenditures and expectations of the effect on our financial position of claims, litigation, costs, contingent liabilities and government and regulatory investigations and proceedings. ts are important factors which, in our opinion, could cause actual results to differ materially from those of our forward-looking statements: global economic and political conditions, effects of currency translation and devaluation, changes in prices and availability of raw materials, competitive conditions, success of new product offerings, consumer preferences, effects of animal and food health issues, pandemics, trends in energy costs, environmental issues, success of our restructuring activities, the success of our financial growth, profitability, cash generation and manufacturing strategies and our cost reduction and productivity efforts, changes in our credit ratings, the tax benefit associated with the Settlement Agreement (as defined in our most recent annual report on Form 10-K), measures re regulations and legal matters, and other information referenced in the “Risk Factors” section appearing in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated. updated by our quarterly reports on Form 10-Q and current reports on Form 8-K. Any forward-looking statement we make is based solely on information currently available to us and speaks only as of the date on which it is made. We assume no obligation to publicly update any forward-looking statements, written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations

Lori Chaitman

[email protected]

516.458.4455

Media

Christina griffin

[email protected]

704.430.5742

Source: Sealed Air Corporation


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