August 2010 Supplier News
Avery Dennison Turns 75
PASADENA, Calif.—Avery Dennison Corporation marked its 75th anniversary as a company on June 2 by having Chairman, President, and CEO Dean A. Scarborough and the company's leadership team ring the closing bell at the New York Stock Exchange.
Avery Dennison was founded in June 1935 by R. Stanton Avery, who developed the world's first self-adhesive label and label-making machinery in a loft above a flower shop in downtown Los Angeles. Sales for his first six months of selling removable price stickers totaled $1,391. Today, the company named after him has evolved into a $6 billion global leader in labeling and packaging solutions, retail branding and information solutions, and organization and identification solutions for work and home.