Graham Packaging (GRM) (NYSE:GRM) manufactures plastic containers for foods and beverages and other products. The company works with clients that can leverage its technological expertise, which includes an extended shelf life, the special designs and shapes for a bottle, and the ability to fill a bottle at high temperatures. The company is a leader in the sectors hot-fill juices, sports drinks/isotonics, yogurt drinks, liquid fabric care, dish detergents, hair care, skin care, which its technology adds value. It is not in the carbonated soft drinks sector or bottle water, since its technology adds little-to-none value. 
Due to the fact that Graham Packaging is a global enterprise with 20% of revenues outside the United States, fluctuation of local currencies and local law affect the company's revenues. It is subject to the fluctuation of interest rate, inflation risks, and other local risks. Thus, the appreciation of the US dollar may have a negative impact on the foreign subsidiaries. 
The company's initial public offering of stock was filed on 2 November 2009 and traded on the NYSE exchange on 10 February 2010. The proposed offer price range was $10-$11 and traded on the low end of the proposed range at $10. The company offered 16.7 million shares and raised $167 million. 
In FY 2009 with year ended 31 December 2009, it reported $2.27 billion in net sales, down 11.3% from $2.56 billion of net sales in FY2008. Furthermore, the company reported a net income of $14.3 million in FY2009, an increase from a net loss of $57.9 million in FY2008. The revenue is distributed by 61% in Food and Beverages, 18.6% in household containers, 7.6% in personal care, and 12.8% in automotive.