History.

 

Founded in 1948, Penny Plate, LLC. has been committed to innovation, identifying opportunities to exceed customer expectations, and entering the market as the low cost provider.  Today,  Penny Plate has one of the most extensive lines of aluminum containers, selling to Foodservice, Retail, and Packer Processor industries. Inventors of the widely used rolled rim technology, Penny Plate produces its own dyes and continues to be one of the leading innovators in aluminum container packaging.  We pride ourselves in the sustainability of our products, and our aluminum containers are 100% recyclable.

The founders of Penny Plate created many other innovative companies, many of which are still in business today:

Founding of Penny Plate Inc.

1948.
1986.
Therma Plate was founded and emerged as the primary producer of CPET Plastic Trays. The company is now part of Bemis Corporation.
Associated Packaging Technologies was founded and successfully developed the technology to resolve the cracking issues of CPET trays. The company now part of Sonoco Products Company.
1993.
2002.
Peninsula Packaging was founded for the Agriculture Industry and formed recyclable berry containers using solar energy. The company is now part of Odyssey Investment Partners.
Absolute Plastics was founded and is a continuation of Penny Plate’s philosophy to provide customers with high performance packaging that is environmentally responsible.  Absolute Plastics provides custom thermoformed packaging to the Packer Processor, National Restaurant Chains, Foodservice and Retail markets.
2006.
2013.

Penny Plate, LLC becomes a subsidiary of rePlanet Holdings.