Glatfelter

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For the asteroid, see 163626 Glatfelter.
Glatfelter
Type Public
Traded as NYSEGLT
Industry Paper
Founded 1864
Headquarters York, PA USA
Key people

Dante C. Parrini, CEO

Timothy R. Hess
Revenue Increase US$1.19 Billion (FY 2009)[1]
Operating income Increase US$163 Million (FY 2009)[1]
Net income Increase US$123 Million (FY 2009)[1]
Total assets Increase US$1.19 Billion (FY 2009)[1]
Total equity Increase US$510 Million (FY 2009)[1]
Employees 4,200
Website www.glatfelter.com

Glatfelter is a global manufacturer of specialty papers and engineered products, headquartered in York, Pennsylvania. U.S. operations include papermaking facilities in Spring Grove, Pennsylvania; and Chillicothe and Fremont, Ohio; as well as woodyard operations in Washington, West Virginia; Piketon, Ohio; and Delmar, Maryland. International operations include facilities in Germany, France, UK, Canada, the Philippines and representative offices in China and Russia.

The company was started by Philip Henry Glatfelter in 1864 and has grown substantially since then. Glatfelter’s sales exceed $1.4 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 over 4,200 people worldwide.

History[edit]

  • As early as 1880, Glatfelter led the industry with the installation of the world’s largest paper machine.[3]
  • Glatfelter switched to making paper using wood fiber instead of rags in the 1880s.
  • In 1934, Glatfelter began its forestry management initiative, encouraging farmers to plant more trees and prevent soil erosion.
  • In 1947, Glatfelter launched a tree farm managed for the growing of sustainable forest crops in Pennsylvania and Maryland.
  • Glatfelter’s previous President and CEO, George Henry Glatfelter II, is the great-great grandson of the founder, Philip Henry Glatfelter (1837-1907), who also founded York Ice Company, which became York Heating and Air Conditioning.[4]
  • Glatfelter's work with sustainable tea packaging was highlighted in the September 2009 issue of the Tea & Coffee Trade Journal.[5]

Products[edit]

References[edit]

  1. ^ a b c d e http://www.glatfelter.com/Files/about_us/investor_relations/2009_Annual_Report.pdf
  2. ^ http://www.glatfelter.com/Files/about_us/investor_relations/2010_Q1_Earnings_Release.pdf
  3. ^ Lipper, Mark (1980). Paper, People, Progress: The Story of the P.H. Glatfelter Company of Spring Grove, Pennsylvania. Englewood Cliffs, NJ: Prentice-Hall. p. 37. ISBN 0-13-648451-4. 
  4. ^ http://www.glatfelter.com/default.aspx
  5. ^ "Tea Packaging for Impact and Sustainability" by Katrina Ávila Munichiello, Tea & Coffee Trade Journal.

External links[edit]