1

Description of
.Business

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Accounting Policies

3

Accounting
.Changes

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Acquisitions/
.Dispositions

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Inventories

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Pension Plans

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Postretirement
.Benefits

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Stock &
.Incentive Plans

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Leases

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Long Term Debt

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Income Taxes

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Segments of
.Business

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Contingencies

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Foreign Operations

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Financial
.Instruments

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Earnings Per Share

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Quarterly
.Information
 

Bemis Company, Inc., a Missouri corporation, was founded in 1858 and incorporated in 1885 as Bemis Bro. Bag Company. In 1965 the name was changed to Bemis Company, Inc. The Company is a principal manufacturer of flexible packaging products and pressure sensitive materials selling to customers throughout the United States, Canada, and Europe with a growing presence in Asia Pacific, South America, and Mexico.

The Company’s business activities are organized around its two business segments, Flexible Packaging, which accounted for approximately 79 percent of 2001 net sales, and Pressure Sensitive Materials, which accounted for the remaining net sales. The primary market for its products is the food industry which accounted for approximately 65 percent of 2001 net sales. Other markets include chemical, agribusiness, medical, pharmaceutical, personal care products, batteries, electronics, automotive, construction, graphic industries, and other consumer goods. All markets are considered to be highly competitive as to price, innovation, quality, and service.

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