Visy Industries was established in Melbourne in 1948 and has since grown to become one of the world's largest privately owned paper, packaging and recycling companies. Today, Visy employs more than 9500 people in Australia and the United States (where it is known as Pratt Industries USA), with total sales exceeding more than $5 billion. Visy was owned by Richard Pratt until his death on 28 April 2009. when his son Anthony Pratt assumed the role of Executive chairman. He has also presided over a major expansion into the Asian packaging market and moved to position Visy as a key player in food security for the region.
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