Toilet paper manufacturer: Clearwater Paper Corporation (CLW)

Clearwater Paper Corporation (NYSE: CLW), founded on December 9, 2008, is headquartered in Spokane, Washington, USA, with 3100 full-time employees. It is a company that produces and sells its own brand tissue and bleached cardboard products in the United States and internationally.

Clearwater Paper Corporation (CLW)

Clearwater Paper Corporation, a pulp and paper product manufacturer, was founded on December 9, 2008 by real estate investment trusts company Potlatch Corporation Split it out. The new company, headquartered in Spokane, Washington, initially started producing bleached cardboard, consumer tissue and wood products in four locations.

Clearwater Paper Corporation operates in two departments: Consumer Products and Pulp and Paperboard.

1. Consumer Products - produce and sell a series of household toilet paper products, including toilet paper, paper towels, facial tissues and napkins; Recycled fiber value grade products; And products far away from home, such as traditional single-layer and double-layer bath towel paper, double-layer paper towel, hard wrapped towel and dispenser napkin. The department sells its products to retailers and wholesale distributors, including grocery stores, pharmacies and discount stores, as well as mass merchants.
2. Pulp and Paperboard - provides folding paper boxes, liquid packaging, paper cups, paper trays, blisters and carding packaging, top and commercial prints, as well as hardwood and softwood pulp. The department also provides customized sheet, slitting and cutting services.

Clearwater Paper Corporation (CLW) Historical Encyclopedia

• On July 17, 2008, the board of directors of Potpatch Corporation announced the spin off of the company. The official establishment date of Clearwater Paper was December 9, 2008. Clearwater Paper shares began trading on December 17. Gordon L. Jones, who has served as the vice president of Potpatch since July 2008, was elected President and CEO of Clearwater Paper. At the end of the spin off, two independent entities were still trading publicly: Potpatch Corporation（ New York stock exchange PCH) and Clearwater Paper Corporation (NYSE: CLW).
• At the end of 2010, Clearwater Paper acquired Cellu Tissue Holdings, Inc., headquartered in Alpharetta, Georgia, which increased the company's manufacturing business in the eastern United States and Canada. The total number of manufacturing sites has increased to 14, and another is under construction.
• In November 2011, Clearwater Paper Corporation completed the sale of its sawmill in Lewiston, Idaho, to Idaho Forest Group in Coeur d'Allene, Idaho. Since then, Clearwater has only two departments: consumer goods, pulp and cardboard.
• Clearwater Paper's latest factory in Shelby, North Carolina was officially launched in December 2012, producing the first private label breathable drying (TAD) finished roll and conversion tissue products to compete with other TAD tissue brands. Clearwater Paper has also completed the upgrade of its north Las Vegas factory, enabling the factory to produce TAD ultra sanitary napkins and household towels.
• Clearwater Paper closed its plant in Thomaston, Georgia, in December 2013, and its plant in Long Island, New York, in February 2014, reducing the number of plants to 13.
• On December 21, 2021, according to Royal Bank of Canada, Clearwater Paper (NYSE: CLW) may become the acquisition target of BillerudKorsnas. RBC commented that the Swedish pulp and manufacturer yesterday agreed to acquire Verso Corp. (VRS) later, analysts and analysts said that this would have an impact on Clearwater (CLW) Graphic Packaging (GPK) and WestRock (WRK) constitutes an adverse effect.
• On February 20, 2024, Clearwater Paper acquired Graphic Packaging Holding (NYSE: GPK) Bleached cardboard manufacturing plant in Augusta, Georgia.
• December 20, 2024, Brazil Suzano SA (SUZ) is evaluating the acquisition of Clearwater Paper (NYSE: CLW).

Clearwater Paper Corporation (CLW) US equity investment