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Business Description
Bemis Company, Inc. is a manufacturer of flexible packaging products and pressure-sensitive materials. The Company sells to customers throughout the United States, Canada and Europe, and growing markets in Asia Pacific, South America and Mexico. The Company's business activities are organized around its two business segments: Flexible Packaging and Pressure Sensitive Materials. Products produced within the Flexible Packaging segment are high barrier products, polyethylene products and paper products. Products produced within the Pressure Sensitive Materials segment are printing products, decorative and sheet products, and technical products. The primary market for its products is the food industry. Other markets include companies in chemical, agribusiness, medical, pharmaceutical, personal care products, batteries, electronics, automotive, construction, graphic industries and other consumer goods.

Financial Information
Bemis Company, Inc. is a manufacturer of flexible packaging products and pressure sensitive materials. For the six months ended 6/30/02, net sales decreased 2% to $1.14 billion. Net income increased 21% to $78.9 million. Revenues reflect a decrease in sales for the packaging business segment attributable to weakness in order patterns. Earnings were offset by material cost control and innovation and increased production efficiencies.