Associated tags: Clearwater Paper, CLW, Manufacturing, Natural Resources, Forest Products, NYSE, Packaging, Retail, Paper, Supermarket, Other Manufacturing, Senior
Locations: ARKANSAS, MASSACHUSETTS, NEW YORK, BOSTON, UNITED STATES, NORTH AMERICA, WASHINGTON, GEORGIA, AUGUSTA
Clearwater Paper Corporation (NYSE:CLW) today announced the successful completion of its strategic acquisition of the Augusta, Georgia bleached paperboard manufacturing facility from Graphic Packaging International, LLC (“Graphic Packaging”).
Key Points:
- Clearwater Paper Corporation (NYSE:CLW) today announced the successful completion of its strategic acquisition of the Augusta, Georgia bleached paperboard manufacturing facility from Graphic Packaging International, LLC (“Graphic Packaging”).
- “I am pleased that we have finalized the acquisition of Graphic Packaging’s Augusta, Georgia, paperboard manufacturing facility.
- The Augusta mill is a great fit with our strategy and improves our position as a premier, independent paperboard supplier to North American converters.
- I look forward to welcoming the Augusta team to Clearwater Paper as we work together to build a more scaled paperboard business to service our customers,” said Arsen Kitch, President and Chief Executive Officer.
Other Manufacturing,
Packaging,
Supermarket,
Specialty,
Manufacturing,
Forest Products,
Retail,
Supply Chain Management,
Natural Resources,
Clearwater Paper,
Weather,
Graphic Packaging,
Pulp,
Acquisition,
Wood,
Paper,
Final good,
Adjustment,
CLW,
Video game Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality consumer tissue and bleached paperboard today reported financial results for the first quarter ended March 31, 2024.
Key Points:
- Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality consumer tissue and bleached paperboard today reported financial results for the first quarter ended March 31, 2024.
- For the first quarter of 2024, Clearwater Paper reported net sales of $496 million compared to net sales of $525 million for the first quarter of 2023.
- On a non-GAAP basis, Clearwater Paper reported adjusted net income in the first quarter of 2024 of $24 million, or $1.43 per diluted share, compared to first quarter 2023 adjusted net income of $25 million, or $1.47 per diluted share.
- Adjusted EBITDA for the first quarter of 2024 was $62 million, compared to the first quarter of 2023 Adjusted EBITDA of $66 million.
Clearwater Paper Corporation (NYSE: CLW) will release its first quarter 2024 results on Monday, April 29, 2024.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW) will release its first quarter 2024 results on Monday, April 29, 2024.
- President and Chief Executive Officer Arsen Kitch and Chief Financial Officer Sherri Baker will discuss the results during a conference call that day at 2 p.m. Pacific Time.
- To register for the conference call, please use this link .
- After registering, confirmation will be sent through email, including dial-in details and unique conference call codes for entry.
Retrieved on:
Tuesday, February 20, 2024
Other Manufacturing,
Packaging,
Supermarket,
Specialty,
Manufacturing,
Forest Products,
Retail,
Supply Chain Management,
Natural Resources,
Acquisition,
Final good,
Clearwater Paper,
Weather,
Pulp,
Growth,
Paper,
GAAP,
Graphic Packaging,
CLW,
Video game Segment operating income for the fourth quarter of 2023 was $27 million compared to $18 million for the fourth quarter of 2022.
Key Points:
- Segment operating income for the fourth quarter of 2023 was $27 million compared to $18 million for the fourth quarter of 2022.
- Adjusted EBITDA for the segment was $37 million in the fourth quarter of 2023, compared to $27 million in the fourth quarter of 2022.
- Segment operating income for the fourth quarter of 2023 was $31 million compared to operating income of $2 million in the fourth quarter of 2022.
- Adjusted EBITDA for the segment was $46 million in the fourth quarter of 2023, up from $18 million in the fourth quarter of 2022.
Retrieved on:
Wednesday, February 7, 2024
Natural Resources,
Other Manufacturing,
Supermarket,
Packaging,
Specialty,
Manufacturing,
Retail,
Forest Products,
Conference,
Bank,
Webcast,
Pacific Time Zone,
Clearwater Paper,
CLW,
Management Clearwater Paper Corporation (NYSE: CLW) will release its fourth quarter and full year 2023 results on Wednesday, February 21, 2024.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW) will release its fourth quarter and full year 2023 results on Wednesday, February 21, 2024.
- President and Chief Executive Officer, Arsen Kitch and Chief Financial Officer, Sherri Baker, will discuss the results during a conference call that day at 2 p.m., Pacific Time.
- March 13, 2024 - Arsen Kitch, President and Chief Executive Officer, and Sherri Baker, Chief Financial Officer, will present at Sidoti’s Virutal Small Cap Conference.
- The presentations from each respective conference will be webcast live and details can be found on our investor relations website: http://ir.clearwaterpaper.com .
Retrieved on:
Tuesday, January 16, 2024
Other Manufacturing,
Packaging,
Supermarket,
Specialty,
Manufacturing,
Forest Products,
Retail,
Supply Chain Management,
Natural Resources,
Weather,
Clearwater Paper,
Safety,
Security (finance),
Paper,
CLW Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather.
Key Points:
- Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather.
- The company is restarting equipment and production at the facility as weather conditions permit.
- Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, club, mass merchants, and discount stores.
- These forward-looking statements are based on current expectations that are subject to change, and actual results may differ materially from the forward-looking statements.
Natural Resources,
Sustainability,
Environment,
Supermarket,
Packaging,
Manufacturing,
Retail,
Forest Products,
Sustainability reporting,
Clearwater Paper,
Community,
Safety,
NYSE,
Security (finance),
Workforce,
Culture,
CLW,
Paper,
Materiality,
GHG,
Natural Resources Stewardship Project,
Management,
Risk management Clearwater Paper Corporation (NYSE: CLW) has released its 2023 Sustainability Report , an annual update on the company’s progress against its multi-year sustainability goals.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW) has released its 2023 Sustainability Report , an annual update on the company’s progress against its multi-year sustainability goals.
- The report also announces Clearwater Paper’s new strategic sustainability framework, Everyday Responsibility.
- “Our new strategic sustainability framework reflects our unwavering commitment to Everyday Responsibility, which aligns with Clearwater Paper’s core values, sustainability goals and business objectives,” said Arsen Kitch, president and chief executive officer.
- Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, club, mass merchants, and discount stores.
Retrieved on:
Friday, November 17, 2023
Other Manufacturing,
Discount,
Variety,
Packaging,
Supermarket,
Specialty,
Manufacturing,
Forest Products,
Supply Chain Management,
Retail,
Natural Resources,
Paper,
Clearwater Paper,
NYSE,
Conference,
CLW,
Senior,
Citigroup,
Finance Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer Sherri Baker will attend Citi's 2023 Basic Materials Conference in New York City on Wednesday, November 29, 2023.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer Sherri Baker will attend Citi's 2023 Basic Materials Conference in New York City on Wednesday, November 29, 2023.
- Mr. Kitch and Ms. Baker will be available for one-on-one and small-group meetings.
- Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, club, mass merchants, and discount stores.
- Clearwater Paper's employees build shareholder value by developing strong relationships through quality and service.
Retrieved on:
Thursday, November 16, 2023
Natural Resources,
Sustainability,
Environment,
Packaging,
Recycling,
Chemicals,
Plastics,
Manufacturing,
Forest Products,
Carbon,
Clearwater Paper,
Polyethylene,
Plastic,
NYSE,
CLW,
CNG,
ISCC,
Partnership Clearwater Paper Corporation (NYSE: CLW) today announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper's private label tissue packaging offerings.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW) today announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper's private label tissue packaging offerings.
- This advancement is critical to our success in meeting and exceeding sustainability goals for Clearwater Paper," said Mike Urlick, senior vice president and general manager, consumer products at Clearwater Paper.
- "Clearwater Paper supports the principles of circular economy and has a strong legacy of prioritizing the sustainability of the products we make.
- Clearwater Paper is committed to responsible sourcing and to partnering with innovative suppliers like CNG who are aligned with our core values," said Traci Greco, purchasing manager of Clearwater Paper.
Retrieved on:
Thursday, November 9, 2023
Other Manufacturing,
Packaging,
Supermarket,
Specialty,
Manufacturing,
Forest Products,
Retail,
Supply Chain Management,
Natural Resources,
Safety,
NYSE,
CLW,
Clearwater Paper,
Pulp (paper),
Cryptocurrency Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility.
Key Points:
- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility.
- An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas.
- “We are focused on the safety of our employees and maintaining our assets while we wait for repairs on the gas pipeline to be completed,” said Arsen Kitch, president and chief executive officer.
- “We expect to resume the impacted operations in the coming days.”
