PASADENA, Calif., June 3 /PRNewswire-Asia/ -- Avery Dennison
Corporation (NYSE:AVY), the product of one man's insight into
retailers' needs, today marked its 75th anniversary as a company by
having Chairman, President and Chief Executive Officer Dean A.
Scarborough and the Company's leadership team ring the closing bell
at the New York Stock Exchange.
Avery Dennison was founded in June 1935 by R. Stanton Avery, who
developed the world's first self-adhesive label and label-making
machinery in a loft above a flower shop in downtown Los Angeles.
Sales for his first six months of selling removable price stickers
to gift shops and other retailers totaled US$1,391.
From Avery's pressure-sensitive materials and production
technologies, for which he received 18 patents over the course of
his career, the Company named after him has evolved into a US$6
billion global leader in labeling and packaging solutions, retail
branding and information solutions, and organization and
identification solutions for work and home.
"Innovation that improves customers' businesses and lives has been
at the heart of Avery Dennison since 1935," Scarborough said.
"Avery Dennison is everywhere and impacts people every day -- we're
on the products in the stores they shop, the clothes they wear, the
car they drive, the signs on the highway they pass, in the offices
where they work and the schools they attend," Scarborough
said.
"Today we express this heritage through a new vision: everything we
make and do helps make brands more inspiring and the world more
intelligent," Scarborough said. "I'm excited about the future as we
honor our past. Avery Dennison has always stood for innovation, and
that legacy continues to propel the company forward as we invest in
new markets, products and technology to better serve our customers
throughout the world."
The Company is planning commemorative events throughout the
anniversary year. More on Avery Dennison's history is available at
a new Web site, http://www.averydennison75years.com .
About Avery Dennison
Avery Dennison (NYSE:AVY) helps make brands more inspiring and the
world more intelligent. For 75 years the company has been a global
leader in pressure-sensitive technology and materials, retail
branding and information solutions, and organization and
identification products for offices and consumers. A FORTUNE 500
company with sales of US$6 billion in 2009, Avery Dennison is based
in Pasadena, California and has employees in over 60 countries. For
more information, visit http://www.averydennison.com /
http://www.averydennison.com.cn .
Media Relations (Asia Pacific):
Alicia Chan
Tel: +852-2820-4577
Email: [email protected]
Helen Lo
Tel: +852-2820-4562
Email: [email protected]
SOURCE Avery Dennison