BNET Industries

Last Fiscal Year Sales:$3.5B
- Private
- US
Dow Jones Description
We believe we are one of the worlds leading manufacturers and marketers of value-added plastic packaging products. We manufacture a broad range of innovative, high quality packaging solutions using our collection of over 1,700 proprietary molds and an extensive set of internally developed processes and technologies. Our principal products include containers, drink cups, bottles, closures and overcaps, tubes, prescription vials, trash bags, stretch films, plastic sheeting and tapes which we sell to more than 13,000 customers in attractive and stable end markets, including food and beverage, healthcare, personal care, quick service and family dining restaurants, custom and retail, agricultural, horticultural, institutional, industrial, construction, aerospace, and automotive. Our customers are comprised of a favorable balance of leading, national, blue-chip customers as well as a collection of smaller local specialty businesses. Our top 10 customers represented approximately 24% of our fiscal 2007 net sales with no customer accounting for more than 6% of our fiscal 2007 net sales. The average length of our relationship with these customers is more than 21 years. We believe that we are one of the largest global purchasers of polyethylene resin, our principal raw material, buying approximately 1.2 billion pounds in 2007. Additionally, we operate 70 strategically located manufacturing facilities and have extensive distribution capabilities. ...
Chairman & CEO
Ian G. BootsNumber of Employees 13,800
Peer Companies
NAICS Code Unlaminated Plastics Profile Shape Manufacturing: 326121
Recent Events
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Geek chic of the week
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Berry Plastics to Purchase Maryland Plant
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Berry Plastics buying Pliant Corporation
News & Analysis
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berry plastics corp. - All News and Analysis
Indiana's largest mergers and acquisitions of 2007.(MERGERS & ACQUISITIONS)
1 Finish Line*--$1.2 billion Acquirer:The Finish Line Inc., Indianapolis Footwear and appeal retailer Target: Genesco Inc., Nashville, Tenn. Footwear retailer 2 Steel Dynamics/ OmniSource--$888 million Acquirer: Steel Dynamics Inc., Fort Wayne Steel manufacturer Target:...
Berry Plastics Introduces i Commit™ Brand of "Pink" Trash Bags to Benefit Susan G. Komen for the Cure
A 25-cent donation from each package will support the fight to end breast cancer EVANSVILLE, Ind. -- Berry Plastics Corp. <link to: www.berryplastics.com>, a leading manufacturer and marketer of trash bags and other plastic packaging products, wants to give consumers a new and convenient way to help fight breast...
W.P. Carey closes $87m transaction
EVANSVILLE, IN: Investment firm W. P. Carey & Co. LLC announced that its publicly held, non-traded REIT affiliate, CPA[R]: 16--Global, and its newest fund, CPA[R]: 17--Global, have jointly acquired three facilities from Berry Plastics Corporation for approximately $87 million. This transaction follows a $33 million sale-leaseback CPA: 15 completed...
Flexible food packaging to use more anti-microbials.(Supplier News)
By 2012, the total market for anti-microbials in plastic is expected to exceed 20,000 tons. A hefty portion of that will be flexible packaging, which is forecast to have a compound annual growth rate CAGR of 9.7% between 2006 and 2012. According to...
Berry finds a willing captive.(TECHNOLOGY & PACKAGING)(Berry Plastics Corporation merge with Captive Plastics Inc.)(Brief article)
US-based packaging company Berry Plastics Corporation has bought Captive Plastics Inc, part of the First Atlantic Capital portfolio. Berry has agreed to pay $500m cash for 100% of Captive's outstanding common tock. Ira Boots, chairman and ceo of Berry, said Captive had strong ...
Berry bids for Captive, after buying Mac.
Byline: Frank Antosiewicz Berry Plastics Corp. continues to expand the plastic bottle, lid, cap and closure side of its business with the planned acquisition of Captive Plastics Inc. and the recent purchase of Mac Closures Inc. Evansville, Ind.-based Berry announced both deals...
Indiana Seals Plastics Deal
BERRY PLASTICS WILL BUILD its global headquarters in Evansville, Indiana, consolidating its operations and creating 250 new jobs at an investment of $20 million. Berry currently employs more than 1,200 workers in Evansville and 12,600 worldwide at 55 manufacturing facilities, according to company officials. The Indiana governor's office confirms that...
Berry Plastics
[ILLUSTRATION OMITTED] Leverage customers' preference for plastic cups as opposed to paper cups and increase your sales by upgrading your fountain program with Berry Plastics' line of Pivot disposable, thermo-formed plastic drink cups. They're tough, leak-proof, nearly indestructible and available in four sizes. For more information call (812)...
Packaging materials & containers.(Products)(Buyers guide)
Adhesives 1-Hot Melt;2-Resin & Dextrin Base;3-Sealing Tape Berry Plastics Corporation (3) Dion Label Printing Inc. Eastman Chemical Company (1) National Adhesives (1, 2) RTI Packaging Company (1) The Warrell...
Berry Plastics
[ILLUSTRATION OMITTED] Leverage customers' preference for plastic cups as opposed to paper cups and increase your sales by upgrading your fountain program with Berry Plastics' line of Pivot disposable, thermoformed plastic drink cups. They're tough, leak-proof, nearly indestructible and available in four sizes. For more information call (812)...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Glenn Adam Unfried | President, Rigid Open Top Division |
| Randall J. Hobson | President, Rigid Closed Top Division |
| Berry Brent Beeler | Chief Operating Officer |
| R. Brent Beeler | Chief Operating Officer |
| William J. Herdrich | Executive Vice President |
| Adam Unfrey | Vice President, Sales, Marketing |
| Douglas E. Bell | Vice President, Intl Business Development |
| Randy Hobson | Vice President, Sales & Marketing |
| Brian Dombrowski | Project Manager |
| Mark Miles | Controller |
| Donald C. Graham | Director |
| Joshua J. Harris | Director |
| Mathew J. Lori | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ian G. Boots | Chairman & CEO |
| Anthony M. Civale | Board Member |
| Christopher C. Behrens | Board of Directors |
| Gregory J. Landis | Board of Directors |
| Patrick J. Dalton | Board of Directors |
| Robert V. Seminara | Board Member |
| Stephen S. Trevor | Board of Directors |
| Steven C. Graham | Board of Directors |
| Terry Peets | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Chairman & CEO | Current |
| Berry Plastics Corporation | Board of Directors | Current |
| BPC Holding Corporation | President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | President, Rigid Open Top Division | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | President, Rigid Closed Top Division | Current |
Brent Beeler graduated from Indiana State University with a B.S. degree in Marketing and Management. Brent is the Chief Operating Officer of Berry Plastics Corporation, recognized as a world leader in plastic packaging and tapes and coating materials.
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Chief Operating Officer | Current |
| Evsc Foundation, Inc. | Board of Directors | Current |
| Indiana State University | B.S. Degree In Marketing and Management | Former |
| Organization | Position | Status |
|---|---|---|
| Kerr Group, Inc. | President and Chief Operating Officer | Current |
| Covalence Specialty Materials Corp. | President and Chief Operating Officer | Current |
| Berry Plastics Corporation | Chief Operating Officer | Current |
| Berry Plastics Corporation | Presidentâ??Containers and Consumer Products | Former |
| Berry Plastics Corporation | Executive Vice President, Sales and Marketing | Former |
| Berry Plastics Corporation | General Managerâ??Containers | Former |
| Berry Plastics Corporation | National Sales Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Vice President, Intl Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Vice President, Sales & Marketing | Current |
A project manager with Berry Plastics Corporation, Brian has an A.A.S. in Automotive Engineering and a B.S. in Plastics and Polymer Engineering from The PA College of Technology. He decided to bring his varied martial arts experience to FEAR KNOT in 2007 because the schools are focused on growth in the martial arts as well as everyday life. Brian likes that each program is tailored toward specific age groups and their needs as well as their specific abilities to learn. It's not a "one size fits all" program. Brian's interests include golf, muscle cars and drag racing. Vroom-Vroom-Vroom!
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Project Manager | Current |
| Fear Knot Martial Arts | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board Member | Current |
| Kerr Group, Inc. | Board of Directors | Current |
| Covalence Specialty Materials Corp. | Director | Current |
| Deutsche Bank Securities Inc. | Corporate Finance Department | Former |
| Deutsche Bank Securities Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board of Directors | Current |
Donald Graham is Chairman of The Graham Group, which he founded in 1960 as a design engineering firm in a farmhouse basement in central Pennsylvania. This design engineering firm ultimately evolved into three manufacturing platforms, which still exist today, Graham Packaging, Graham Engineering, and Graham Architectural (See About The Graham Group). Don graduated from the University of Michigan, where he received a B.S. in Mechanical Engineering, and a M.S. in Industrial Engineering and Business Management. Don currently serves as a Director on the board of Berry Plastics, Infiltrator Systems, Western Industries, Anaheim Manufacturing, Supreme Corq, National Diversified Sales, Touchstone Wireless Repair and Logistics, Graham Engineering Corporation and Graham Architectural Products Corporation; Don is also a member of the Advisory Board of Graham Partners Investments, Graham Partners II, LP, Inverness Capital Partners and Striker Partners, and serves on the boards of several charitable organizations.
| Organization | Position | Status |
|---|---|---|
| Graham Machinery Group | Chairman | Current |
| Covalence Specialty Materials Corp. | Board of Directors | Current |
| Berry Plastics Corporation | Director | Current |
| Graham Architectural Products Corporation | Board of Directors | Current |
| Kerr Group, Inc. | Board of Directors | Current |
| Abrisa Industrial | Board of Directors | Current |
| Nailite International | Board of Directors | Current |
| Transaxle Corp | Board of Directors | Current |
| National Diversified Sales Inc. | Board of Directors | Current |
| Line-X Corp. | Board of Directors | Current |
| HB&G Building Products Inc. | Board of Directors | Current |
| Supreme Corq, Inc. | Board of Directors | Current |
| Infiltrator Systems Inc. | Board of Directors | Current |
| Graham Packaging Company, L.P. | Founder | Former |
| Goldman, Sachs & Co. | Board of Directors | Former |
| Graham Machinery Group | Board of Directors | Former |
| Goldman, Sachs & Co. | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Apollo Management L.P. | President | Current |
| Noranda Aluminum, Inc | Director of Noranda Holdco | Current |
| Quality Distribution, Inc. | Director of Qdi | Current |
| EdgeStone Capital Partners Inc. | Current | |
| Momentive Performance Materials Inc. | Chairman | Current |
| Hexion Specialty Chemicals, Inc. | Chairman | Former |
| RPP Capital Corporation | Board of Directors | Current |
| Metals USA, Inc. | Director | Current |
| UAP Holding Corp. | Director | Current |
| Ceva Logistics | Director | Current |
| United Agri Products, Inc. | Director | Former |
| Pacer International Inc. | Board of Directors | Former |
| Metals USA Holdings Corp. | Board of Directors | Current |
| Noranda, Inc. | Board of Directors | Current |
| Berry Plastics Corporation | Director | Current |
| Apollo Management L.P. | Co-Founder | Former |
| Noranda Aluminum Holding Corporation | Director | Former |
| Furniture Brands International Inc. | Board of Directors | Former |
| Resolution Specialty Materials LLC | Director | Former |
| Hexion Speciality Chemical Inc | Board of Directors | Former |
| General Nutrition Centers, Inc. | Director | Former |
| Hexion Specilaty Chemical Inc | Board of Directors | Former |
| Alliance Imaging, Inc. | Board of Directors | Former |
| Nalco Co. | Board of Directors | Former |
| Wharton Graduate School of the University of Pennsylvania | B.S. Degree | Former |
| Council on Foreign Relations | member | Former |
| Drexel Burnham Lambert Inc. | member | Former |
| Verso Paper Holdings LLC | Director | Current |
| Hexion Specialty Chemicals, Inc. | Board of Directors | Current |
Mr. Lori became a director of Doane Pet Care in March 2001 and serves as a principal of J.P. Morgan Partners, LLC. Mr. Lori is also a director of Berry Plastics Corporation.
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Director | Current |
| Doane Pet Care Company | Board of Directors | Current |
President and Chief Operating Officer of Apollo Investment Corporation (the “Corporation”). Mr. Dalton joined Apollo Investment Management, L.P. (“AIM”) in June 2004 as a partner and a member of AIM’s Investment Committee. He became an executive officer of the Corporation in November 2006. Mr. Dalton is also currently serving as Chief Investment Officer of AIM. Before joining the Corporation, Mr. Dalton was a Vice President with Goldman, Sachs & Co.’s Principle Investment Area with a focus on mezzanine investing since 2000.
| Organization | Position | Status |
|---|---|---|
| Apollo Investment Corp. | President & COO | Current |
| Covalence Specialty Materials Corp. | Board of Directors | Current |
| Berry Plastics Corporation | Board of Directors | Current |
| Kerr Group, Inc. | Board of Directors | Current |
| Goldman, Sachs & Co. | Vice President | Former |
| Sachs Ltd | Vice President | Former |
| Goldman & Company | Vice President | Former |
| Apollo Investment Corp. | Partner | Former |
| Apollo Investment Corp. | Board of Directors | Former |
| Apollo Investment Management Ltd | Board of Directors | Former |
| Columbia Business School | MBA | Former |
| Boston College | BS In Finance | Former |
Mr. Seminara , age 34, has been a director since February 2006. Mr. Seminara is a partner of Apollo Management, L.P., with which he has been associated since January 2003. From June 1996 to January 2003, Mr. Seminara was a managing director in the private equity investment group at Evercore Partners LLC, an advisory and investment firm providing advisory services to multinational corporations on significant mergers, acquisitions, divestitures, restructurings and other strategic corporate transactions. Mr. Seminara currently serves on the board of directors of Hexion Specialty Chemicals, Inc. and Berry Plastics Group.
| Organization | Position | Status |
|---|---|---|
| Hexion Specialty Chemicals, Inc. | Board of Directors | Current |
| Berry Plastics Corporation | Board Member | Current |
| Borden Chemical Foundry, Inc. | Director | Current |
| Covalence Specialty Materials Corp. | Director | Current |
| Kerr Group, Inc. | Board of Directors | Current |
| Evercore Partners Inc. | Managing Director | Former |
| Evercore Partners Inc. | Officer, Private Equity Investment Group | Former |
| Hexion Specialty Chemicals, Inc. | Audit Committee Chairman | Former |
| World Kitchen LLC | Board of Directors | Former |
| Hexion Speciality Chemical Inc | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Berry Plastics Corporation | Board of Directors | Current |
| Ralphs Grocery Company | Executive Vice President | Former |
| Pepperdine University | M.B.A. With Honors | Former |
Executive News
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UPDATE 1-Apollo Investment sees attractive deals ahead
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