Announces “Always Advancing to Protect What’s Important” as
corporate mission statement
Unveils new logo and Company values
EVANSVILLE, Ind.--(BUSINESS WIRE)--Apr. 3, 2017--
Today, Berry Plastics Group, Inc. (NYSE: BERY) announced that it is
changing its name to Berry Global Group, Inc. Common shares of the
Company stock will continue to be traded on the New York Stock Exchange
under the symbol BERY. In addition, Berry Plastics Corporation, a wholly
owned subsidiary of Berry Plastics Group, Inc., will change its name to
Berry Global, Inc. Both name changes will be effective April 13, 2017.
“Our business has transformed significantly since our name became Berry
Plastics in 1983,” explained Tom Salmon, Berry’s Chief Executive
Officer. “Berry has evolved from one manufacturing facility in
Evansville, Indiana, to over 130 facilities throughout the world. And
our business has grown from less than $25 million in annual revenue in
1983 to now over $7 billion, reflecting the AEP acquisition.
“By changing our name to Berry Global we are portraying a more balanced
view of who we are to our customers, our investors, and ourselves.”
Mission: Always Advancing to Protect What’s Important
“Two critical components of Berry’s culture are Continuous Improvement
and Innovation,” explained Salmon. “As such, we are ‘Always Advancing’
to improve the way we work and to improve the products and services we
“If you look across all of our products, they have one element in common
– they protect. They protect what people eat, drink, and use every day …
they protect healthcare professionals and their patients … and they
protect buildings, transportation, pipelines, and other infrastructure.”
Berry’s mission also encompasses advancing its facilities’ safety
practices to protect its employees; advancing sustainability efforts to
protect the environment; and, advancing the Company’s business
strategies to protect the investments of its shareholders.
The Logo: Reinforces the Importance of the Company’s Values
With the name change and new Mission, the Company has also adopted a new
logo and Values. The logo was developed with the Company’s Values in
“Our Values serve as the cornerstone of Berry. The icon in the logo
illustrates those four Values – Partnership, Excellence, Growth, and
Safety,” said Salmon.
Partnerships: We recognize the importance of strong,
sustainable partnerships throughout all aspects of our business – we
view our employees, customers, suppliers, and communities as our
Excellence: We pursue excellence in all that we do by
optimizing our processes, enhancing our sustainability initiatives,
and by providing the highest quality products and services to our
customers. We believe in continuous training and development for our
employees so that we can deliver excellence to our customers.
Growth: Strategic growth is imperative for our business. Growth
comes in many forms – financial growth, customer growth, employee
growth and development, product growth and innovation, and the global
growth of our Company.
Safety: Our number one value. We relentlessly pursue safety in
all we do. We maintain high standards to ensure our facilities are
safe and environmentally conscious.
Salmon added, “These are exciting times and today is yet another
milestone in Berry’s history. Our new branding not only references our
legacy businesses and the strong foundation that they created, but also
allows us to share the aspirations we have for the bright future that is
Berry is committed to its mission of ‘Always Advancing to Protect What’s
Important,’ and proudly partners with its customers to provide them with
value-added customized protection solutions. The Company’s products
include engineered materials, nonwoven specialty materials, and consumer
packaging. Berry’s world headquarters is located in Evansville, Indiana.
With net sales of $6.5 billion in fiscal 2016, the Company is listed on
the New York Stock Exchange under the ticker symbol BERY. For additional
information, visit Berry’s website at www.berryglobal.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170403006551/en/
Source: Berry Plastics Group, Inc.
Berry Plastics Group, Inc.
Dustin Stilwell, 812-306-2964