AEP Industries Packs Punch in Fiscal Year 2011 With Stronger Prices, Major Acquisition, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire -01/20/12)- Researched by Industrial Info Resources (Sugar Land, Texas) -- AEP Industries Incorporated (NASDAQ:AEPI - News) (Hackensack, New Jersey), a leader in multi-purpose and flexible packaging films, reported strong overall results for the company's fiscal year 2011. The year saw stronger volumes, an increase in selling prices, and the $25.9 million acquisition of Webster Industries, a manufacturer and distributor of private-label food and trash bags. Net income for the year was reported to be $12.39 million, compared with a net loss of $566,000 in fiscal 2010.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=194860&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.