Bubble Wrap (brand) Bubble Wrap (brand) Bubble Wrap (originally Air Cap) is a trademarked brand of Sealed Air Corporation that includes numerous cushioning products made from bubble wrap. The brand is produced by the Product Care division of Sealed Air. Both the Bubble Wrap brand and product were introduced in 1960, with the launch of Sealed Air. Although the brand was originally used for the packaging of IBM computers, Sealed Air now does most of its Bubble Wrap business in the food packaging industry. Bubble wrap was invented in 1957 by engineers Alfred Fielding and Marc Chavannes in Hawthorne, New Jersey. Fielding and
Used and Useful Principle public. In reviewing the interests of the customers versus the interests of the company, the United States Supreme Court connected the concept of whether or not something is used or useful to the public service provided to determine rates. This case provided the legal foundation for the idea that only property serving the public is eligible to earn a rate of return. The principle of used and useful also provides a way to place definite limitations on costs charged to utility customers. Not only must it be proven that utility investments and expenditures are used and useful to the ratepayers,