Visy Cares - Important Links
The Pratt Foundation has supported thousands of philanthropic causes since it was first established by Richard Pratt and his wife, Jeanne Pratt, in 1978.
Their vision - to create a foundation focused on helping others by supporting a wide range of charitable projects – has resulted in one of Australia’s largest private sources of funding for important philanthropic activities. Their vision and values have been embraced and championed by their family and now form an important part of the family’s everyday life and future aspirations.
Visy is owned by the Pratt family and was established in Melbourne, Australia in 1948. It has grown to become the world's largest privately owned packaging and recycling company.
Visy employs more than 8,000 people in Australia, New Zealand, and the USA. Total manufacturing revenues exceed $2.8 billion and total manufacturing assets exceed $3 billion.
During its first 30 years of operations Visy's activities concentrated on the manufacture of corrugated cardboard boxes. In 1979 the company made a decision to begin supplying its own packaging paper needs and built its first paper recycling mill. The Visy group now operates eight paper recycling machines - six in Australia and two in the USA. Together these machines recycle well into the 21st century.
In February 2001, Visy acquired Southcorp Packaging, adding new products such as PET bottles and jars, aluminium and tinplate cans, paperboard cartons and rigid plastic packaging to its core corrugated packaging business. The acquisition effectively doubled the size of Visy's packaging operations in Australasia.
In addition, Visy has constructed a $400 million, plantation pine based, unbleached kraft pulp and paper mill at Tumut in New South Wales, Australia. The project produces 280,000 tonnes of unbleached brown packaging paper and is an investment in Visy's continued ability to recycle well into the 21st century.
Visy now operates more than 100 packaging factories and recycling sites across Australia, New Zealand and in the South East and Mid West of the United States.
Visy is committed to recycling and the environment. The company was voted Australia's leading company for environmental performance in the Sydney Morning Herald and Age newspapers' annual corporate reputation index for four consecutive years.
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