Silgan Holdings Inc.


SLGN

Price

47.4


Change

0.56


High

47.43


Low

46.47


Avg Volume

666,604


PE Ratio

15.91


52 Week High

54.02


52 Week Low

37.78



Profile

Silgan Holdings is a Connecticut-based American manufacturing company that produces consumer goods packaging. The company was founded in 1987 by two former executives of Continental Can, Phil Silver and Greg Horrigan – their names contributing to the company name. Through several acquisitions of rival companies, and the pursuit of contracts with Del Monte Foods and Nestlé, Silgan Holdings' share of the market rose from 10% in 1987 to 36% in 1995. Later acquisitions in the late 1990s and early 2000s left the company with debt problems noted by both Forbes and the New York Times, however by the early 2010s the company was consistently profitable. Silgan Holdings employs around 17,000 staff within its own and its subsidiary companies. It is currently headquartered in Stamford, Connecticut, and possesses factories across North America and Europe.


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