CCL Industries Investor Relations Material
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Q3 2024
Latest reports from CCL Industries Inc
Labels and Packaging
CCL Industries is an American-Canadian company focused on the production of specialty labels and packaging. The company produces labeling and packaging materials for a variety of sectors, including healthcare, home & personal care, food & beverage, and consumer products. Its product range encompasses pressure-sensitive labels, shrink sleeves, aluminum containers, and more. The company has dual headquarters in Toronto, Canada, and Framingham, Massachusetts, and its shares are listed on the TSX.
Connecticut Chemicals Limited
The company was founded in 1951 as Connecticut Chemicals Limited, eventually changing its name to CCL, and it focused on custom manufacturing for the Canadian consumer products industry. However, the company expanded its scope to include labels and other packaging solutions. This expansion was not just in terms of product lines but also geographically, as it began operations in the United States and the United Kingdom, eventually going public on the Toronto Stock Exchange in 1980. In the 2000s, CCL Industries started shifting its focus from custom manufacturing towards labels and packaging through divestiture of various assets.
The Products
CCL’s product portfolio includes pressure-sensitive labels, which are designed for various applications in a range of sectors. It also produces shrink sleeves, aluminum, and film materials used for both decorative and functional packaging. Additionally, the company produces extruded and labeled plastic tubes, aluminum aerosols, and specialty bottles. Its portfolio also encompasses folded instructional leaflets, precision decorated and die-cut components as well as electronic displays. Some other companies operating in the packaging sector are Avery Dennison, Ball Corporation, and WestRock Company.
The Customers
Its clientele primarily includes companies in the consumer products industry, particularly those in the food and beverage, home and personal care, healthcare, and pharmaceutical sectors. Additionally, CCL caters to businesses in the automotive and electronics sectors, providing high-quality labeling and packaging solutions. Their products are also in demand among companies requiring innovative and secure label solutions for promotional, security, and RFID applications.