Clearwater Paper Corp - Company Profile
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Clearwater Paper Corp (Clearwater Paper) is a provider of tissue paper and packaging solutions. It offers private label tissue products and bleached paperboard products. Its product portfolio comprises of paper towels, facial tissues, napkins, washroom hand towels, dispenser napkins, kitchen towels, luncheon products and bath tissues. Clearwater Paper sells tissue products to major retailers and wholesale distributors, including grocery, club, mass merchants and discount stores. The company offers paper board products for food service packaging, folding cartons, carded packaging, and commercial print. It also offers cutting, slitting, and sheeting services. The company operates manufacturing facilities across the US. Clearwater Paper is headquartered at Spokane, Washington, the US.
Headquarters
United States of America
Address
Suite 1100, 601 West Riverside Avenue, Spokane, Washington, 99201
Website
www.clearwaterpaper.com
Telephone
1 509 3445900
No of Employees
3,100
Industry
Paper and Packaging
Ticker Symbol & Exchange
CLW (NYSE)
Revenue (2022)
$2.1B
0.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
133.8%
(2022 vs 2021)
Market Cap*
$663.8M
Net Profit Margin (2022)
XYZ
133.3%
(2022 vs 2021)
* As of and is in US$
Clearwater Paper Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Folding Carton | Custom Sheeting |
| Carded Packaging | Slitting and Cutting |
| Top Sheet Liner Board | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into an agreement to acquire a bleached paperboard manufacturing facility in Augusta, the US from Graphic Packaging for US$700 million. |
| 2022 | New Products/Services | In January, the company launched NuVo withBioPBS, a new sustainable cup stock paperboard. |
| 2021 | Divestiture | In June, the company announced to close its Neenah, Wisconsin facility. |
Competitor Comparison
| Key Parameters | Clearwater Paper Corp | International Paper Co | UPM-Kymmene Corp | Stora Enso Oyj | Graphic Packaging Holding Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Finland | Finland | United States of America |
| City | Spokane | Memphis | Helsinki | Helsinki | Atlanta |
| State/Province | Washington | Tennessee | - | - | Georgia |
| No. of Employees | 3,100 | 39,000 | 16,573 | 19,842 | 23,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arsen S. Kitch | President; Chief Executive Officer; Director | Executive Board | 2020 | 42 |
| Sherri Baker | Chief Financial Officer; Senior Vice President | Senior Management | 2023 | - |
| Alexander Toeldte | Chairman | Non Executive Board | 2018 | 64 |
| Michael S. Gadd | General Counsel; Secretary; Senior Vice President | Senior Management | 2011 | 59 |
| Michael J. Urlick | General Manager - Consumer Products Division; Senior Vice President | Senior Management | 2022 | 37 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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