Avery Dennison Corp (AVY) is a leading global company that specializes in the design and manufacturing of a wide range of labeling and functional materials. The roots of the company stretch back to the late 1930s when it was founded in Los Angeles as Kum Kleen Products by Ray Stanton Avery. Today, its products are sold under various brands including Avery, Fasson, JAC, Avery Dennison RBIS, and Avery Dennison SMARTRAC.
Avery Dennison operates through three distinct business segments: Label and Graphic Materials, Retail Branding and Information Solutions, and Industrial and Healthcare Materials. The Label and Graphic Materials segment primarily produces and sells pressure-sensitive materials, including uncut labels and tapes. The Retail Branding and Information Solutions segment offers a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors, and industrial customers. Lastly, the Industrial and Healthcare Materials segment focuses on tapes and adhesives used in various industrial applications, as well as on medical products.
The company's products and solutions find usage in a variety of industries such as retail, apparel, automotive, electronics, food and beverage packaging, logistics, and healthcare. It provides solutions ranging from barcode and RFID based tracking solutions for inventory management to high-end embellishments for clothing and apparels. The company is noted for its innovation and commitment to sustainability. Its products are designed to be as environmentally friendly as possible, with numerous initiatives aimed at reducing its overall carbon footprint.
Avery Dennison is also a global company with manufacturing and distribution facilities in over 50 countries, servicing customers in more than 150 countries. Its headquarters are located in Glendale, California. With annual sales revenue exceeding $7 billion, Avery Dennison is a member of the Fortune 500. As of 2020, the company employed approximately 30,000 individuals worldwide.
Avery Dennison has built its reputation on innovation, quality, service, and ethical conduct. Despite being a mature company, it makes significant investments in research and development to stay ahead of its competition and to meet the evolving needs of its customers. That, along with a robust business model and a broad global footprint, makes Avery Dennison a leader in the materials science industry.