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Company type | Public |
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NYSE: GLT | |
Industry | Manufacturing |
Founded | 1864 |
Headquarters | Charlotte, North Carolina, U.S. |
Key people | Thomas Fahnemann (CEO) |
Revenue | US$1.1 Billion (FY 2020) [1] |
US$49.2 Million (FY 2020) [1] | |
US$21.3 Million (FY 2020) [1] | |
Total assets | US$1.3 Billion (FY 2020) [1] |
Total equity | US$557.9 Million (FY 2020) [1] |
Number of employees | 3,250 |
Glatfelter is a global manufacturer of engineered materials. The company's products are found in tea and single-serve coffee filtration, personal hygiene and packaging products as well as home improvement and industrial applications. Headquartered in Charlotte, North Carolina, the company's annualized net sales approximate $1 billion with customers in over 100 countries and approximately 2,560 employees worldwide. Operations include twelve manufacturing facilities located in the United States, Canada, Germany, France, the United Kingdom, and the Philippines.
The company was started by Philip Henry Glatfelter in 1864 in Spring Grove, Pennsylvania. Glatfelter's annual revenues are approximately $1.1 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 approximately 3,250 people worldwide.
In 2016, Glatfelter's Spring Grove paper mill was listed just outside the top 1% of toxic air pollution sources in the United States, according to the U.S. Environmental Protection Agency, ranking 160 out of 15,461 sites evaluated. [9] The Pennsylvania Department of Environmental Protection cited the company for two significant violations since 2013, and the company has been federally cited for significant violations of the Clean Air Act. In response to these violations and subsequent press coverage, a Glatfelter representative stated to the York Daily Record that the company maintains a commitment to improving its environmental performance.[ citation needed ] Glatfelter sold the Spring Grove mill in 2018. [6]
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Spring Grove is a borough in York County, Pennsylvania, United States. The population was 2,372 at the 2020 census. It is part of the York–Hanover metropolitan area.
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.
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A paper cup is a disposable cup made out of paper and often lined or coated with plastic or wax to prevent liquid from leaking out or soaking through the paper. It may be made of recycled paper.
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