Topics / BUSINESS : Pasadena Firm Wins Stamp Contract
Representing its biggest order ever from the U.S. Postal Service, Pasadena-based Avery Dennison Corp. has won a $14-million contract to produce more than a billion self-adhesive stamps.
The three-year contract calls for Avery Dennison to produce up to 2 billion self-adhesive stamps per year. Production at the company’s Clinton, S.C., production facility will begin in 1995.
Avery Dennison filled a Postal Service order for the world’s first self-adhesive Christmas stamp in 1974. The company, one of the nation’s largest producers of self-adhesive labels and other office products, stands to win big if the Postal Service decides to switch to mostly self-adhesive stamps rather than water-activated ones.
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