Raymond L. McGowan Named President, U.S. Food Can Division for ³Ô¹Ï51±¬ÁÏÍø Cork & Seal
Publish Date
Friday, August 23, 2002
PHILADELPHIA, Aug. 23 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that Raymond L. McGowan, Jr. has been named Vice President and President, U.S. Food Can Division. He succeeds Clinton J. Waring, who served as President of the U.S. Food Can Division since 2000 and has retired after 43 years of service to ³Ô¹Ï51±¬ÁÏÍø Cork &...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Completes Sale of African Interests
Publish Date
Wednesday, July 31, 2002
PHILADELPHIA, July 31 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that it has completed the sale of its Central and East African packaging interests to Nampak Ltd. The Company's operations in Zambia have been excluded from the current transaction pending anti-trust clearance being obtained. The Company received gross proceeds of US$23.5 million. Net proceeds were...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal's Super Soft Orienting Tube Closure Pushes on to Reduce Capping Time and Enhance Productivity
Publish Date
Friday, July 26, 2002
PHILADELPHIA, July 26 /PRNewswire-FirstCall/ -- Zeller Plastik, the plastic closures division of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK), today announced the development of its new Super Soft Orienting closure, one of the first push-on tube closures engineered to increase productivity. Manufacturers can significantly reduce capping time and maximize output with this innovative push-on technology. The Super Soft Orienting...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Announces Second Quarter 2002 Results
Publish Date
Monday, July 15, 2002
PHILADELPHIA, July 15 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced its results for the second quarter and six months ended June 30, 2002. Second quarter net income from continuing operations improved to $0.32 per diluted share over the $0.05 per diluted share in the second quarter of 2001. On an as-reported basis, second quarter net...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal Schedules Second Quarter 2002 Earnings Conference Call
Publish Date
Monday, July 1, 2002
PHILADELPHIA, July 1 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the second quarter ended June 30, 2002 before trading begins on the New York Stock Exchange on Tuesday, July 16, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EDT) the same day. The dial-in...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal's Watertight Tube Closure Significantly Reduces Water Penetration and Eliminates Product Waste
Publish Date
Tuesday, June 25, 2002
PHILADELPHIA, June 25 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that manufacturers of personal care products can now significantly reduce water penetration, decrease product waste, and protect brand integrity with the new Watertight Tube closure, designed by Zeller Plastik, the plastic closures division of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal. The enhanced 2" closure increases water resistance...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Begins Production of Eole III(TM) at Massillon Facility; High Performance Easy-Open Ends Reduce Peel Force by 25%
Publish Date
Monday, June 17, 2002
PHILADELPHIA, June 17 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that North American food processors will benefit from the improved easy-open features of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal's Eole III(TM) technology, now being produced at the Company's Massillon, Ohio facility. Production of the ends represents the first 307-diameter double reduced (DR) full panel easy-open end line...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Comments on Trial Court's Dismissal of Philadelphia Asbestos Cases
Publish Date
Wednesday, June 12, 2002
PHILADELPHIA, June 12 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced today that the Philadelphia Court of Common Pleas has ruled favorably on ³Ô¹Ï51±¬ÁÏÍø's motion for summary judgment dismissing 376 pending asbestos cases against ³Ô¹Ï51±¬ÁÏÍø in Philadelphia based on recent changes to Pennsylvania corporate successor liability law. "³Ô¹Ï51±¬ÁÏÍø is simply in the bottle cap and can business,"...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Announces Proposed Initial Public Offering of Constar International Inc.
Publish Date
Thursday, May 23, 2002
PHILADELPHIA, May 23 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced today that its wholly owned subsidiary, Constar International Inc., has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering. The registration statement relates to shares of common stock, all of which will be offered and sold by ³Ô¹Ï51±¬ÁÏÍø...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Wins Two Steel Packaging Effectiveness Awards 2002
Publish Date
Monday, May 13, 2002
PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced today that it has been awarded two Steel Packaging Effectiveness Awards 2002 by APEAL (The Association of European Producers of Steel for Packaging) for its Self-Heating Can and its shaping technology as demonstrated by the Teisseire container. Awards were given out during the evening gala of...
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Eole III(TM) From ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Wins WorldStar Award
Publish Date
Monday, May 13, 2002
PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced today that it has been awarded a prestigious WorldStar Award in the Food/Retail Category for its Eole III(TM) high performance easy open end. Sponsored by the World Packaging Organization, WorldStar winners were formally recognized at a ceremony in Dusseldorf, Germany during Interpack, April 24 - 30...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal Introduces Closures to Enhance Package Appeal, Improve Dispensing, and Drive Point-of-Purchase Sales
Publish Date
Monday, May 13, 2002
PHILADELPHIA, May 13 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced today a new line of closures for the health & beauty, personal care, and beverage industries. Manufacturers can enhance package aesthetics, improve dispensing, and generate sales with the Orion(TM), Nomad(TM), and a full line of dispensing closures from Zeller Plastik Europe, ³Ô¹Ï51±¬ÁÏÍø's plastic closures division. These...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Begins Construction of $6.8 Million, 112,000-Square-Foot Expansion of Zeller Plastik Facility
Publish Date
Wednesday, May 8, 2002
138% Space Increase to Expand Warehousing and Production PHILADELPHIA, May 8 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced the groundbreaking of a 112,000-square-foot expansion to Zeller Plastik, its plastic closures division, in Libertyville, IL. Scheduled to open in February 2003, the new $6.8 million facility will provide customers with a highly efficient resource for sales...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Completes Sale of Danish Metal Closure Assets
Publish Date
Friday, May 3, 2002
PHILADELPHIA, May 3 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that it has completed the sale of the metal closure assets of its Danish subsidiary, ³Ô¹Ï51±¬ÁÏÍø Cork Company Scandinavia A/S, located in Taastrup, Denmark to Pelliconi Scandinavia A/S. ³Ô¹Ï51±¬ÁÏÍø Cork Company Scandinavia A/S manufactures, sells and distributes metal closures (crowns) for glass bottles to the...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal's Ideal(TM) Closure Is Easier to Open
Publish Date
Monday, April 22, 2002
PHILADELPHIA, April 22 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced breakthrough closure technology that combines the characteristics of metal and plastic to offer increased barrier performance, accommodate easier opening and support multiple filling processes. The new Ideal(TM) Closure is a unique hybrid of a metal disk, containing the elements that hold the barrier properties, and...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal Reports First Quarter 2002 Results
Publish Date
Thursday, April 18, 2002
PHILADELPHIA, April 18 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced its results for the first quarter ended March 31, 2002. On a continuing operations basis and before the cumulative effect of an accounting change in the prior year period, the Company reported a net loss of $0.10 per diluted share compared to a net loss...
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³Ô¹Ï51±¬ÁÏÍø Cork & Seal Schedules First Quarter 2002 Earnings Conference Call
Publish Date
Tuesday, April 2, 2002
PHILADELPHIA, April 2 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the first quarter ended March 31, 2002 before trading begins on the New York Stock Exchange on Thursday, April 18, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EDT) the same day. The dial-in...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Completes Sale of Its Pharmaceutical Packaging Business
Publish Date
Thursday, March 28, 2002
PHILADELPHIA, March 28 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today completed the previously announced sale of its pharmaceutical packaging business to a company backed by HSBC Private Equity Limited. Net proceeds will be used to reduce outstanding short-term indebtedness. With facilities in Offranville, France and Neuenburg, Germany, the business is a leading supplier to the world's...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Appoints William J. Freeman Vice President - Strategic Marketing and Planning
Publish Date
Wednesday, March 20, 2002
PHILADELPHIA, March 20 /PRNewswire-FirstCall/ -- ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) today announced that William J. Freeman will join the Company in the newly created position of Vice President - Strategic Marketing and Planning. He will report directly to John W. Conway, the Company's Chairman and Chief Executive Officer. In this new position, Mr. Freeman will be responsible...
³Ô¹Ï51±¬ÁÏÍø Cork & Seal Introduces Multi-Layer PET Bottle For Hot-Fill Juice Products
Publish Date
Wednesday, March 6, 2002
PHILADELPHIA, March 6 /PRNewswire-FirstCall/ -- Constar, Inc., the plastic packaging division of ³Ô¹Ï51±¬ÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK) announced the development of a new multi-layer polyethylene terephthalate (PET) bottle for hot-fill juice products. Designed for Alfresh Beverages Canada (Toronto), the country's leading single-serve fruit juice company, the 16-ounce bottle incorporates ³Ô¹Ï51±¬ÁÏÍø's patented Oxbar(TM) oxygen scavenging technology, extending shelf...