Avery Dennison is one of on the Fortune 500 list of the largest U.S. corporations, is a global leader in pressure –sensitive technology and in self–adhesive label. More than 22,600 employees in 200 manufacturing and sales facilities produce and sell Avery Dennison products in 89 countries. With sales of $5.5 billion in 2005.
Founded in1935, in Los Angeles. An idea spawns a new business; a promising new business is established in the midst of the Great Depression when young entrepreneur R. Stanton Avery manufactures the world‘s first self-adhesive labels. Avery Adhesives establishes new customers abroad with the establishment of its first license holder, in England. Then the construction of the first base materials plant in Painesville, Ohio. In1955, the Company establishes its first overseas subsidiary, in the Netherlands. The Company divisionalizes its converting and base materials operations as Avery Label Company and Fasson Products. And issues its first cash dividend in 1964.
By its fourth decade, the Company, Avery Products Corporation, continues to surge on all fronts. Important new self-adhesive products propel Avery into new markets, while intensive research in adhesive technologies and environmentally safe coating methods result in the start-up of many new production facilities around the world. In the 1970s’, Major acquisitions extend the Company‘s reach in office products and specialty chemicals, expanding its product lines and strengthening its market positions. Company headquarters moves to a new Corporate Center in Pasadena, California. In the 1980s’, Development in adhesive technology and materials science add important new proprietary products to the Company‘s core business areas. In 1990, the Company becomes Avery Dennison through a major strategic merger, resulting in a substantially strengthened corporation with global leadership in office products, adhesives and materials and label converting technology.