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April 27, 2015 5:41 AM ET

Paper and Forest Products

Company Overview of Paperweight Development Corp.

Company Overview

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

PO Box 359

Appleton, WI 54912

United States

Founded in 1907

1,565 Employees



Key Executives for Paperweight Development Corp.

Chairman, Chief Executive Officer, President, Member of Corporate Governance Committee, Chairman of Appvion Inc, Chief Executive Officer of Appvion Inc and President of Appvion Inc
Age: 54
Chief Financial Officer, Senior Vice President of Finance and Treasurer
Age: 56
President of Paper Division of Appvion
Age: 47
Vice President, General Counsel and Secretary
Age: 42
Controller, Vice President and Assistant Treasurer
Age: 61
Compensation as of Fiscal Year 2014.

Paperweight Development Corp. Key Developments

Paperweight Development Corp. announced delayed 10-Q filing

On 11/12/2014, Paperweight Development Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Paperweight Development Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

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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