Glatfelter
Public | |
Traded as | NYSE: GLT |
Industry | Paper |
Founded | 1864 |
Headquarters | York, PA USA |
Key people |
Dante C. Parrini, CEO Timothy R. Hess |
Revenue | US$1.19 Billion (FY 2009)[1] |
US$163 Million (FY 2009)[1] | |
US$123 Million (FY 2009)[1] | |
Total assets | US$1.19 Billion (FY 2009)[1] |
Total equity | US$510 Million (FY 2009)[1] |
Number of employees | 4,200 |
Website | www.glatfelter.com |
Glatfelter is a global manufacturer of specialty papers and engineered products, headquartered in York, Pennsylvania. U.S. operations include papermaking facilities in Spring Grove, Pennsylvania; and Chillicothe and Fremont, Ohio; as well as woodyard operations in Washington, West Virginia; Piketon, Ohio; and Delmar, Maryland. International operations include facilities in Germany, France, UK, Canada, the Philippines and representative offices in China and Russia.
The company was started by Philip Henry Glatfelter in 1864 and has grown substantially since then. Glatfelter’s sales exceed $1.4 billion annually,[2] and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT. Glatfelter and its subsidiaries employ over 4,200 people worldwide.
History
- As early as 1880, Glatfelter led the industry with the installation of the world’s largest paper machine.[3]
- Glatfelter switched to making paper using wood fiber instead of rags in the 1880s.
- In 1934, Glatfelter began its forestry management initiative, encouraging farmers to plant more trees and prevent soil erosion.
- In 1947, Glatfelter launched a tree farm managed for the growing of sustainable forest crops in Pennsylvania and Maryland.
- Glatfelter’s previous President and CEO, George Henry Glatfelter II, is the great-great grandson of the founder, Philip Henry Glatfelter (1837-1907), who also founded York Ice Company, which became York Heating and Air Conditioning.[4]
- Glatfelter's work with sustainable tea packaging was highlighted in the September 2009 issue of the Tea & Coffee Trade Journal.[5]
Products
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References
- 1 2 3 4 5 http://www.glatfelter.com/Files/about_us/investor_relations/2009_Annual_Report.pdf
- ↑ http://www.glatfelter.com/Files/about_us/investor_relations/2010_Q1_Earnings_Release.pdf
- ↑ Lipper, Mark (1980). Paper, People, Progress: The Story of the P.H. Glatfelter Company of Spring Grove, Pennsylvania. Englewood Cliffs, NJ: Prentice-Hall. p. 37. ISBN 0-13-648451-4.
- ↑ "Glatfelter, book papers, specialty papers, engineered paper products home". Glatfelter.com. Retrieved 2015-10-31.
- ↑ "Tea Packaging for Impact and Sustainability" by Katrina Ávila Munichiello, Tea & Coffee Trade Journal.
External links
- Benway, Stuart. "Glatfelter's Paper Discount". Business Week. Archived from the original on 2012-11-07. Retrieved 28 July 2010.