Magnera Corp - Company Profile
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Magnera Corp (Magnera) is a manufacturer of fiber-based engineered products. It offers light-weight papers and composite fibers for diverse markets such as food and beverage, wall covering, technical specialties, composite laminates, and metallized products. The company also offers premium quality spunlace nonwovens for consumer wipes, feminine hygiene, critical cleaning and beauty care. Magnera offers filtration paper for the tea bags and coffee products in the food and beverage markets and wallcovering base materials used by the wallpaper manufacturers. It operates manufacturing facilities the US, Canada, Germany, the UK, France, Spain, and the Philippines, and sales and distribution offices in Russia, Italy, the US and China. Magnera is headquartered in Charlotte, North Carolina, the US.
Headquarters
United States of America
Address
9335 Harris Corners Pkwy, Suite 300, Charlotte, North Carolina, 28269
Website
magnera.com
Telephone
1 866 7447380
No of Employees
8,500
Industry
Paper and Packaging
Ticker Symbol & Exchange
MAGN (NYSE)
Revenue (2024)
$3.2B
-7.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
59.3%
(2024 vs 2023)
Market Cap*
$450.4M
Net Profit Margin (2024)
XYZ
61.9%
(2024 vs 2023)
* As of and is in US$
Magnera Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Composite Laminates |
| Composite Fibers |
| Filtration Paper |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In December, the company launched its next-generation solution for nonwoven textiles. |
| 2025 | New Products/Services | In June, the company's Typar brand launched its latest innovation, Typar Liquid Flashing, an advanced, gun-grade elastomeric liquid flashing designed for superior air and water sealing in a variety of applications. |
| 2025 | Corporate Awards | In June, the company's Sontara brand wins INDA’s long-life achievement award at IDEA. |
Competitor Comparison
| Key Parameters | Magnera Corp | International Paper Co | UPM-Kymmene Corp | Stora Enso Oyj | Domtar Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Finland | Finland | United States of America |
| City | Charlotte | Memphis | Helsinki | Helsinki | Fort Mill |
| State/Province | North Carolina | Tennessee | Kainuu | - | South Carolina |
| No. of Employees | 8,500 | 30,421 | 14,801 | 18,055 | 12,100 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas M. Fahnemann | Chief Executive Officer; Director; President | Executive Board | 2022 | - |
| Curtis L. Begle | Chief Executive Officer; Director | Executive Board | - | - |
| Jill L. Urey | Secretary; Executive Vice President; General Counsel | Senior Management | 2019 | - |
| Kevin M. Fogarty | Chairman | Non Executive Board | 2022 | - |
| Michael S. Curless | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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