Samiksha Jaiswal (Editor)

Glatfelter

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public

Revenue
  
1.19 billion USD (2009)

Founded
  
1864

Operating income
  
163 million USD (2009)

Industry
  
Paper

Number of employees
  
4,200

Net income
  
123 million USD (2009)

Glatfelter wwwglatfeltercomsiteimagesGlatfelterLogogif

Traded as
  
NYSE: GLTS&P 600 Component

Key people
  
Dante C. Parrini (CEO)Timothy R. Hess

Total assets
  
US$1.19 Billion (FY 2009)

Total equity
  
US$510 Million (FY 2009)

Headquarters
  
York, Pennsylvania, United States

Subsidiaries
  
Glatfelter Pulp Wood Co, Newtech Pulp Inc

Ys 1 leaving the glatfelter paper plant in spring grove pa


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.

Contents

The company was started by Philip Henry Glatfelter in 1864 and has grown substantially since then. Glatfelter’s sales exceed $1.4 billion annually, 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.
  • 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.
  • Glatfelter's work with sustainable tea packaging was highlighted in the September 2009 issue of the Tea & Coffee Trade Journal.

    • References

    Glatfelter Wikipedia
    (Text) CC BY-SA


    Similar Topics