Avery Dennison Rings Closing Bell of N.Y.S.E.
Part of company's 75th anniversary celebration
On June 2, 2010, Avery Dennison Corporation celebrated its 75th anniversary as a company by having company CEO Dean Scarborough ring the closing bell at the New York Stock Exchange.
R. Stanton Avery founded Avery Dennison in June of 1935. He had developed the self-adhesive label and label-making machinery and established the company in a loft above a flower shop in downtown Los Angeles. The company generated almost $1400 in the first six months of selling removable price stickers to gift shops and retailers. The company has since evolved into today’s $6 billion global operation known for labels and packaging solutions, retail branding, and information products for work and home.
“Avery Dennison is everywhere and impacts people every day—we’re on the products in the stores they shop, the clothes they wear, the car they drive, the signs on the highway they pass, in the offices where they work and the schools they attend,” Scarborough says.