Paper and Forest Products
Company Overview of Paperweight Development Corp.
Paperweight Development Corp., through its subsidiary, Appleton Papers Inc., manufactures and sells coated paper products in the United States and internationally. The company operates in three segments: Carbonless Papers, Thermal Papers, and Encapsys. The Carbonless Papers segment produces and sells carbonless, security, and other specialty paper products to converters, business forms printers, and merchant distributors. This segment offers carbonless roll and sheet products under the NCR PAPER brand for use in government, retail, financial, insurance, and manufacturing markets; and security papers with features that resist forgery, tampering, and counterfeiting, as well as incorporate secu...
825 East Wisconsin Avenue
P.O. Box 359
Appleton, WI 54912
Founded in 1907
Key Executives for Paperweight Development Corp.
Manager of Corporate Communications
Compensation as of Fiscal Year 2014.
Paperweight Development Corp. Key Developments
Paperweight Development Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 5 14
Paperweight Development Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $207.9 million compared to $201.5 million a year ago. Operating income was $10.7 million compared to $20.4 million a year ago. Net loss was $1.1 million compared to $18.9 million a year ago. Adjusted EBITDA was $20.2 million compared to $30.5 million a year ago.
For the six months, the company reported net sales of $411.7 million compared to $412.3 million a year ago. Operating income was $25.2 million compared to $38.3 million a year ago. Income before income taxes was $0.8 million compared to loss of $16.6 million. Net income was $0.9 million compared to net loss of $16.8 million a year ago. Adjusted EBITDA was $42.7 million compared to $59.0 million a year ago.
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