Betts USA was part of the Courtaulds group for three decades, until a management buy-out in November 1998 returned the company to private ownership. Betts USA is a leading producer of laminate tubes in a variety of aesthetic formats. The company produces more than 500 million tubes annually from its 60,000 square-foot facility in Florence, Ky. The company produced the 1997 Laminate Tube of the Year and the 1997 Most Innovative Tube of the Year. The company is ISO 9002 certified and employs nearly 200 people.