AICELLO CHEMICAL CO., LTD.
Aicello is a private company founded in 1933 as a cellophane manufacturer with current major products in high performance packagings for pharmaceuticals, fine chemicals, electronics, agriculture, and consumer goods. Annual sales in 1992 were $130 million. Among its 460 employees is a permanent research and development staff of 50 individuals. The company is adding 40 people per year, while losing 10 per year to retirement, resulting in a net gain of 30 people per year. Research and development accounts for ~4% of total annual sales.