Talk:Silgan Holdings
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Cutting down first paragraph
editI'm including this topic to document why I'm removing much of the content of the first paragraph. Foremost, the final two sentences strike me as overly detailed, and the latter of these conflicts with information in the rest of the article.
Regarding its being overly detailed: The precise percentages by year of its market share are already in the history section. It's customary for the lead section to state something at a high level that the rest of the article expounds, and I attempted to rewrite it:
Its initial acquisitions increased its market share significantly in its first decade of operation, but acquisitions in the 1990s left the company with debt. However, by the late 2000s, the company was consistently profitable.
But all of this still strike me as pretty standard vicissitude for a business, and needlessly weigh down the lead. That is, I think they're better left to the history section.
Regarding the conflicting information, I'll quote the relevant sentences the first paragraph:
Through several acquisitions of rival companies, and the pursuit of contracts with Del Monte Foods and Nestlé, Silgan Holdings' share of the market rose from 10% in 1987 to 36% in 1995. Later acquisitions in the late 1990s and early 2000s left the company with debt problems noted by both Forbes and the New York Times. However, by the early 2010s, the company was consistently profitable.[4][5]
From the history section:
By the late 2000s, however, Silgan was consistently profitable.
Though the references (to NYT and Forbes, respectively) follow the sentence regarding the company's profitability in the early 2010s, the NYT reference is from 1997 and the Forbes article does not seem to be stating that "the company was consistently profitable." Given they're the named publications, and the NYT article does describe the company's history of debt, the references could be moved to the previous sentence, but the Forbes article also does not mention the company's debt. – spida-tarbell ❀ (talk) (contribs) 01:45, 19 January 2024 (UTC)