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Avery-Dennison, Inc. Sells To CCl, Industries, Inc

 
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Pillar Of The Community
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Posted 02/12/2014   10:45 pm  Show Profile Bookmark this topic Add acanalizo to your friends list Get a Link to this Message

Avery-Dennison sells its Office and Consumer Products and Designed and Engineered Solutions businesses to CCL Industries Inc. (TSX:CCL.A) (TSX:CCL.B) for $500 million, subject to customary closing adjustments expected to be finalized during the third quarter. Seems they did this just as the 2003 master contracts which included an initial term of four years and have an estimated aggregate value of $230 million for all three suppliers. The contracts also feature three two-year options that the U.S. Postal Service may exercise for a potential contractual term of 10 years.

CCL Label, Inc. who now produces USPS stamps is a subsidiary of CCL, Industries, Inc.

http://www.getfilings.com/sec-filin...p_8-K_FORM2/
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Posted 02/13/2014   07:16 am  Show Profile Bookmark this reply Add jogil to your friends list  Get a Link to this Reply
Didn't they earlier make stamp hinges and later made some U.S. postage stamps?
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Edited by jogil - 02/13/2014 07:18 am
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Posted 02/13/2014   08:52 am  Show Profile Bookmark this reply Add acanalizo to your friends list  Get a Link to this Reply
Yes, they made US postage stamps,especially rolls of coils and postal stationery- usually you see AV. CCL Label, Inc are now doing what they did after purchashing the Avery division.
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Bedrock Of The Community
United States
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Posted 02/13/2014   09:12 am  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
CCL Label of Clinton, SC used to be called "Avery Dennison" and then changed to "CCL Label" when the corporate sale took place. For plate number collectors, the new designation on CCL printed stamps starts with a "C" followed by numbers (dependent on the number of colors used on the stamp).

For 2014, CCL Label has been busy, having printed stamps for the Lunar New Year, Love Cut Paper Heart, 49c Ferns, Shirley Chisholm, one of the Star Spangled Banner Coils, 70c Great Spangled Fritillary Butterfly Stamp, 21c Abraham Lincoln Stamp and 91c Ralph Ellison Stamp (to be issued 02/18/2014).
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Edited by wt1 - 02/13/2014 09:13 am
Valued Member
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Posted 02/14/2014   7:42 pm  Show Profile Bookmark this reply Add dlambert1 to your friends list  Get a Link to this Reply
The Clinton, SC, location was known as the Security Printing Division within Avery Dennison and printed postage stamps, but never made stamp hinges. Dennison Manufacturing Company made stamp hinges until, I think, the late 1970s, before it became part of Avery Dennison.

DMC was set up as a collection of semi-autonomous divisions that transferred goods from one division to another for subsequent processing. The stamp hinge adhesive was made and applied to the glassine rolls in the Coated Paper Division, then transferred to the Consumer Products Division to be made into folded stamp hinges and packaged.

Back in the day, Security Printing was using only gravure to print stamps and was testing using offset. I have no hands-on knowledge of what processes are now being used.

I have not yet seen any of the C-designated sheets or booklets Too bad the Vs are gone.

Donald
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Posted 02/16/2014   10:56 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
"Back in the day, Security Printing [the Security Printing Division within Avery Dennison] was using only gravure to print stamps and was testing using offset. I have no hands-on knowledge of what processes are now being used."

They have continued to only use gravure toprint stamps.
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Posted 03/10/2014   07:57 am  Show Profile Bookmark this reply Add vtdave79 to your friends list  Get a Link to this Reply
"Back in the day" Today stamps are printed not only via gravure, but offset and offset /intaglio combination. The contract alluded to is USPS Mulitprint III. It was due to expire March 2013, but was extended 18 months.
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Bedrock Of The Community
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Posted 03/10/2014   08:19 am  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
Interestingly, a perusal of the latest USA Philatelic suggests that the Breast Cancer Research Semipostal is the only stamp currently available from the USPS that Avery (AVR) printed using the "Offset" process; all other AVR (or CCL) printed stamps are shown as "Gravure".
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Edited by wt1 - 03/10/2014 08:20 am
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