Clearwater Paper Corp (N:CLW)
Business Focus: Paper Mills & Products
| Sector: Basic Materials | Industry: Paper Products |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | SUITE 1100, 601 WEST RIVERSIDE AVENUE SPOKANE WA 99201 |
| Tel: | N/A |
| Website: | https://www.clearwaterpaper.com |
| IR: | See website |
| Key People | ||
| Arsen S. Kitch President, Chief Executive Officer, Director | Sherri J. Baker Chief Financial Officer, Senior Vice President | Michael S. Gadd Senior Vice President, General Counsel, Corporate Secretary |
| Steve M. Bowden Senior Vice President, General Manager - Pulp and Paperboard Division | Michael Urlick Senior Vice President, General Manager - Consumer Product | Kari G. Moyes Senior Vice President - Human Resources | Rebecca A. Barckley Principal Accounting Officer, Vice President, Corporate Controller |
| Business Overview |
| Clearwater Paper Corporation is a manufacturer and supplier of bleached paperboard and consumer and parent roll tissue. The Company operates through two segments: Pulp and Paperboard and Consumer Products. The Pulp and Paperboard segment markets and manufactures bleached paperboard for the high-end segment of the packaging industry and is a producer of Solid Bleached Sulfate (SBS) paperboard. The Pulp and Paperboard segment produces hardwood and softwood pulp, which is primarily used as the basis for its paperboard products or transferred to its Consumer Products segment. The Consumer Products segment sells and produces a complete line of at-home tissue products. It supplies bleached paperboard to quality-conscious printers and packaging converters, and offer services that include custom sheeting, slitting and cutting. It also supplies private branded tissue to retailers, including grocery, clubs, mass merchants and discount stores. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Clearwater Paper Corp revenues remained flat at $2.08B. Net income applicable to common stockholders increased from $46M to $107.7M. Revenues reflect Consumer Products segment increase of 8% to $1.02B, Other Countries segment increase of 11% to $107.6M, also reflect Pulp and Paperboard segment decrease of 6% to $1.06B, United States segment remaining flat at $1.98B. |
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