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Berlin Packaging reports record YOY growth & earnings

Berlin Packaging, a leading full-service supplier of plastic, glass, and metal containers and closures, has reported double-digit year-over-year growth in sales and earnings in 2010, with revenues clo…

Berlin Packaging, a leading full-service supplier of plastic, glass, and metal containers and closures, has reported double-digit year-over-year growth in sales and earnings in 2010, with revenues close to USD 600 million, continuing the company“s 20-year trend of annual double-digit sales and earnings growth. Accomplishments in 2010 include two strategic acquisitions, more than 1,000 new customers, and continuing 99%-plus on-time and on-spec product delivery. Our growth in the face of a recessionary economy is directly linked to our business model of providing value-added services that help customers build their business, said Andrew T. Berlin, Chairman and CEO of Berlin Packaging. As a hybrid packaging supplier, we not only sell a full complement of rigid packaging products but also offer related services such as custom packaging design, global sourcing, inventory management, capital lending, and consulting. Our ability to meet all these needs makes us a partner in our customers“ success, which in turn drives our own. Berlin Packaging now has more than 70 sales and warehouse locations in North America, also thanks to the acquisitions of All-Pak, Inc., in March and Continental Packaging Solutions in December. Further growth drivers include over 1,000 new customers; significant sales increases in all speciality divisions; and a record number of custom tool orders. December saw the company exceed its benchmark quality objectives with the 79th consecutive month of 99%-plus on-time warehouse shipping performance and a near-perfect shipping record; and the 24th consecutive month of 99%-plus on-spec product delivery. These achievements and many others of the past year showcase the strength of the organization, systems, team, and culture we have built to deliver superior service to our customers, including lowering their carrying costs and reducing stockouts with our advanced inventory and warehouse management platforms, Berlin said. Packaging is the face that a company presents to the world, and our aim is to help customers put their best face forward in the most efficient and effective manner possible.

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