Silgan Holdings Inc. is an American manufacturing company based in Connecticut 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.[2]
Silgan Holdings employs around 17,000 staff within its own and its subsidiary companies. It is currently headquartered in Stamford, Connecticut, and has factories across North America and Europe.[2]
History
After being founded in 1987, Silver and Horrigan proceeded to acquire several competitors and pursued contracts with Del Monte and Nestle. Their share of the market rose from 10% in 1987 to 36% in 1995, according to the New York Times.[3] The company purchased a portion of a rival organisation, the Campbell Soup Company, in 1998 for $150 million US Dollars.[4]