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Berry Global Group, Inc. - BERY STOCK NEWS

Welcome to our dedicated page for Berry Global Group news (Ticker: BERY), a resource for investors and traders seeking the latest updates and insights on Berry Global Group stock.

Berry Global Group, Inc. (NYSE: BERY) is a leading global manufacturer of plastic packaging products and protection materials. Serving a diverse range of markets, including food, beverage, personal care, household chemicals, healthcare, and industrial, Berry Global caters to over 15,000 customers, including some of the world’s largest consumer packaged goods (CPG) manufacturers. The company's strategic international expansion aims to fulfill the growing global market demands.

The company operates through four primary business segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties. Berry Global primarily utilizes plastic resin as its raw material, sourced from various suppliers.

The acquisition of RPC has bolstered the Consumer Packaging International segment, expanding Berry’s geographical footprint and boosting its revenue. This segment includes products such as closures, dispensing systems, pharmaceutical devices, packaging, bottles, canisters, polythene films, recycling, containers, and technical components.

Berry Global's impressive growth is underscored by its extensive network of 119 global manufacturing locations across 17 countries and a workforce of over 21,000 employees. The company's history of strategic acquisitions has significantly bolstered its market presence and technological capabilities.

In recent developments, Berry Global acquired F&S Tool, a North American leader in precision injection molding tools. This move aims to strengthen Berry's global tooling capabilities, bringing in proprietary technologies and manufacturing excellence.

Berry Global continues to innovate and expand, focusing on sustainable growth and maintaining a leading position in the plastic packaging industry. Stay updated with the latest news and developments about Berry Global Group, Inc. to understand its market performance and strategic initiatives.

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FAQ

What markets does Berry Global serve?

Berry Global serves markets including food, beverage, personal care, household chemicals, healthcare, and industrial sectors.

How many customers does Berry Global have?

Berry Global caters to over 15,000 customers, including some of the world’s largest consumer packaged goods (CPG) manufacturers.

What are the main business segments of Berry Global?

Berry Global operates through Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties.

Where does Berry Global get its raw materials?

Berry Global primarily uses plastic resin as its raw material, sourced from a variety of suppliers.

What was a recent acquisition by Berry Global?

Berry Global recently acquired F&S Tool, a North American leader in precision injection molding tools, to enhance its global tooling capabilities.

How many employees does Berry Global have?

Berry Global employs over 21,000 individuals.

How many manufacturing locations does Berry Global have?

Berry Global has 119 global manufacturing locations across 17 countries.

What products are included in the Consumer Packaging International segment?

Products include closures, dispensing systems, pharmaceutical devices, packaging, bottles, canisters, polythene films, recycling, containers, and technical components.

Why is Berry Global expanding internationally?

Berry Global is expanding internationally to meet the needs of the rapidly growing global markets.

What is the significance of Berry Global's acquisition history?

Berry Global's history of acquisitions has significantly bolstered its market presence and technological capabilities, contributing to its growth and innovation.

Berry Global Group, Inc.

NYSE:BERY

BERY Rankings

BERY Stock Data

7.19B
114.40M
0.35%
101.65%
5.22%
Metal Can Manufacturing
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