For the second half ofwe are acutely focused on improving operating profit, generating cash, completing the expansion work at our Shelby, North Carolina facility and optimizing our network of assets to reduce costs and improve service to customers.
The company is a premier supplier of private label tissue to major retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores.
Employee headcount at the end of the fourth quarter was approximately 3, which reflects a decrease of employees compared to the end ofdue to headcount reductions primarily related to warehouse automation, the shutdown of the 2 paper machines at the Neenah Mill, and the closure of the Oklahoma City converting facility.
With the acquisition of Cellu Tissue Holdings, Inc. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying Clearwater paper okc Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
Hazmat certified Followed up on manufacturing and shift reports and resolved outstanding problems. Clearwater Paper is also discontinuing the use of two tissue machines in Neenah on Dec.
Dorsch said the Oklahoma City site will help the company expand its private-label options.
Aid in machine improvements and guarding Maintained and repaired production and automation equipment. Ensured that all health and safety guidelines were followed by outside contractors. They will call you friend to your face and then start rumours and run to the HR office like we are in preschool.
Overhauled cranes, including drives and wiring Inspected cranes monthly and made repairs when needed. Oklahoma City can convert 22, tons of paper products annually. Followed up on manufacturing and field reports and resolved outstanding problems. If it does not load, please click the link below: You fell for the dog and pony show too many times instead of looking at the hard data.
Throughoutwe continued our focus on addressing shifting market conditions in both tissue and paperboard. While these are difficult steps, they are necessary to maintain our longer-term competitiveness in the dynamic market that we are operating within.
Dorsch said the company is resuming Clearwater's lease on the building, but has purchased some of its equipment. Referred to blueprints, repair manuals and parts catalogs to diagnose and repair equipment.
Now that is sad. The measures in the Midwest are part of a larger process Clearwater Paper is undergoing where it evaluates the efficiencies of different factories, making changes as needed. The facial tissues produced by the division include ultra lotion facial tissues.
Solid bleached sulfate board is a type of paperboard that is used in the production of folding cartonsliquid packagingplates, cups and some commercial printing applications. Turning to our view of the market environment for each of our businesses, and starting with the North American tissue market.
The increase was due to record production levels and volume shipments coupled with higher paperboard prices. We will need to get you to balance our premium capacity, which has seen flat to declining demand. The decrease in net earnings was due to a weaker product mix in tissue products, higher input costs for transportation, wood fiber, and external pulp and reorganization expenses, all of which were partially offset by improved price and shipment volumes for paperboard, no planned major maintenance and lower expense associated with profit dependent accruals.
We expect leverage to remain near these levels through mid and begin to decline thereafter. Kontras This place is an absolute joke.
I would now like to turn the conference over to Ms. This was largely driven by working capital improvements, which led to an 8-day improvement in the cash conversion cycle. The benefit of these investments and actions should set the stage for improved returns under more stable and improved market conditions.
Clearwater Paper Corporation in Oklahoma City, OK -- Get driving directions to 50 N Council Rd Oklahoma City, OK Add reviews and photos for Clearwater Paper Corporation. Clearwater Paper Corporation appears in: Paper Dealers & Distributors, Paper Products Wholesale &. Clearwater Paper, Oklahoma City, Oklahoma.
22 likes · were here. Local Business/5(11). Clearwater Paper Corporation is a pulp and paper product manufacturer that was created on December 9,via a spin-off from the real estate investment trust company Potlatch elleandrblog.com its headquarters in Spokane, Washington, the new company started with four locations for the manufacture of bleached paperboard.
9 Clearwater Paper reviews in Oklahoma City, OK. A free inside look at company reviews and salaries posted anonymously by employees/5(9). Clearwater Paper was very professional from beginning to end.
I really felt like I was desired and also made sure that I wanted to work there. The recruiter was very helpful and he was the one that helped my wife agree to move us to a new location.
Based on IRI data, Clearwater Paper's share of the total tissue market was flat at 8% compared to and our share of the private label portion of that market declined about one percentage.Clearwater paper okc