Silgan Holdings Inc. Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Total Funding:N/A
Industry:Packaging
Founded:N/A
Lead Investor(s):N/A

Employee Data

  • Silgan Holdings Inc. has 31 Employees.(?)
  • Silgan Holdings Inc. currently has 1 job openings.

Founded in 1987 by our Co-Chief Executive Officers, Phil Silver and Greg Horrigan, Silgan has grown to be one of the largest consumer goods packaging companies in the United States. Its primary lines of business are metal food containers and plastic containers. The Company takes great pride in the fact that its products contain some of the world’s most recognizable brands including Campbell’s Soup, Del Monte Fruits and Vegetables, Listerine and Friskies Pet Food. Our objective is to attain leading franchise positions in the markets we serve and to create shareholder value. We accomplish this by seeking to generate returns on capital employed substantially above our cost of capital. We have historically grown our businesses through acquisitions and organic growth. We will continue to evaluate acquisition opportunities and will complete them if we believe they are strategically compelling and will be immediately accretive. Otherwise, we expect to use our free cash flow to repay debt or for other permitted purposes. Since our inception in 1987, we have acquired twenty businesses. As a result of the benefits of these acquisitions and organic growth, we have increased our overall share of the U.S. metal food container market from approximately 10% in 1987 to approximately 49% in 2002. Our plastic container business has also improved its market position since 1987, with sales increasing by more than fivefold to $501.3 million in 2002.

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