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KapStone Paper & Packaging Corp

 
Hoover's Profile: KapStone Paper and Packaging Corporation
(NASDAQ (GM):KPPC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
KapStone Paper and Packaging Corporation
1101 Skokie Blvd., Ste. 300
Northbrook, IL 60062-4124
IL Tel. 847-239-8800
Fax 847-205-7551

Type: Public
On the web: http://www.kapstonepaper.com
Employees: 1,750
Employee growth: 146.5%

For KapStone Paper and Packaging's customers, it's a wrap! Focused mainly on producing unbleached kraft paper (strong wrapping paper) and linerboard (a type of paperboard), the company serves customers that convert its paper products into grocery bags and packaging for pet food, agricultural products, and cement and chemicals, among other materials. Graphic Packaging accounts for about 11% of sales. KapStone's pulp and paper mill in North Carolina operates with an annual capacity of about 440,000 tons. The company also markets dimensional lumber. About two-thirds of sales are made in the US. Established in 2005, KapStone has grown through acquisitions.

Key numbers for fiscal year ending December, 2008:
Sales: $524.5M
One year growth: 104.3%
Net income: $19.7M
Income growth: (27.1%)

Officers:
Chairman and CEO: Roger W. Stone
President, Secretary, and Director: Matthew S. Kaplan
VP and CFO: Andrea K. Tarbox

Competitors:
Georgia-Pacific
Longview Fibre
Smurfit-Stone Container

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