This just in, our 25th annual ranking of North American thermofomers has been updated with figures received after our ranking chart went to print.
The total sales for our 217 ranked firms came in at $13.7 billion, up 3.8 percent over last year. The sales breakout is $11.6 billion, or 85 percent in packaging sales, and $2.05 billion, or 15 percent, in industrial.
This year we've flagged the top five packaging and industrial firms in our chart. Look for the blue circle symbols in the print edition. The average sales per company is $143 million, that's up 5 percent over last year, in addition, the average number of lines per firm is up 3.4 percent. Overall a good year for thermoforming.
The two firms updated are Direct Pack Inc., a packaging thermofomer in Azusa, Calif., who comes in at No. 12 with an estimated $230 million in related sales. It made the news in this week's issue for its acquisition of Atmosphera Verde SA de CV, a PET recycler in Guadalajara, Mexico.
Amcor Ltd. completed its acquisition of Bemis Co. Inc. in June 2019. Our listing for Amcor Flexibles North America did not include all operations, now coming in at No. 16 with five plants and related sales estimate of $180 million.
In other news: Reynolds Consumer Products Inc. is now a stand-alone public company and would be a separate entity supplier to Pactiv LLC ranked at No. 1, who could now choose other suppliers as well. Cups and lids maker Lollicup USA Inc.'s parent, Karat Packaging Inc., withdrew its IPO registration in October. AIA Plastics Inc. was acquired by Laird Plastics in 2019 and merged into Laird Plastics Denver.
As I was researching this year's data, I came across a number of plants falling off our ranking, more than usual. Due to consolidations, acquisitions and closings 19 locations are closed, including two in Canada and one in Mexico.
This map shows the distribution of locations for the remaining 359 firms in the U.S. Plant address for these and the 28 in Canada and Mexico are included in the download sold in our data store.
Direct Pack Inc., a packaging thermofomer in Azusa, Calif.
Premier Plastics Inc., packaging products and services firm in Salt Lake City.
Ray Products Co. Inc., a medical thermoformer in Ontario, Calif.
UFP Technologies Inc., a custom packaging firm in Newburyport, Mass.
EasyPak LLC of Leominster, Mass., moved up 58 spaces to rank at No. 41.
Cam Packaging LLC of Gladwin, Mich., moved up 58 spaces to rank at No. 167.
Ray Products Co. Inc. of Ontario, Calif., moved up 58 spaces to rank at No. 90.
Welch Fluorocarbon Inc. of Dover, N.H., moved up 58 spaces to rank at No. 143.
Eck Plastic Arts of Binghamton, N.Y., moved up 58 spaces to rank at No. 201.
Premier Plastics Inc. of Salt Lake City moved up 58 spaces to rank at No. 98.
FormTex Plastics Corp. of Houston moved up 58 spaces to rank at No. 143.
Happy 100th Anniversary to Huhtamaki Inc. of De Soto, Kan., our longest-running thermoformer at 29 annual rankings.
Four firms in our list are Women-owned businesses:
Custom Plastic Forming, Salisbury, N.C.
Helmy Associates & Co. Inc., San Antonio, Tx.
Kiva Container Corp., Anaheim, Calif.
Mother Lode Plastics Molding Inc. dba Central Plastics & Manufacturing LLC, Tracy, Calif.
If your company is a woman-owned business let us know, visit: www.plasticsnews.com/women-owned and submit your details.
If a survey isn't your thing, you can send your firm's address and website to Hollee Keller at [email protected] . If possible, please send a hi-res logo.
The thermoformers rankings — and all our rankings & lists downloads — include full ranking data and address information for plant locations. These can be found in the Plastics News store. www.plasticsnews.com/data
New this year, all 217 firms are included in the .pdf chart that accompanies the MS Excel version download sold in the store.
If you work for a company that is missing from the ranking, we would like to include you next time. Just sent a note to Hollee Keller at [email protected] or mail your information to Plastics News, P.O. Box 790, Tallmadge, Ohio 44278. All our survey forms are available online at www.plasticsnews.com/section/ranking-surveys.
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