Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 04, 2015 9:09 PM ET

Paper and Forest Products

Company Overview of NewPage Holdings Inc.

Company Overview

NewPage Holdings Inc. produces and sells printing and specialty papers in North America. Its portfolio of paper products include coated, supercalendered, and other uncoated and specialty products. The company also sells its excess market pulp. Its paper products are used in commercial printing to create corporate collateral, magazines, catalogs, books, coupons, inserts, and direct mail, as well as in specialty paper applications, including beverage bottle labels, food and medical packaging, pressure-sensitive labels, and release liners. The company owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota, and Wisconsin with a total annual production capacity of approximately 3.5 mi...

8540 Gander Creek Drive

Miamisburg, OH 45342

United States

1,630 Employees

Phone:

937-242-9629

Key Executives for NewPage Holdings Inc.

Chief Executive Officer, President and Director
Age: 58
Chief Financial Officer, Senior Vice President and Assistant Secretary
Age: 45
Senior Vice President of Operations
Age: 49
Senior Vice President, General Counsel and Secretary
Age: 60
Chief Administrative Officer and Senior Vice President
Age: 56
Compensation as of Fiscal Year 2015.

NewPage Holdings Inc. Key Developments

NewPage Holdings Inc., Verso Paper Corp. - M&A Call

To discuss the acquisition of NewPage Holdings Inc.'s acquisition by Verso Corporation

NewPage Holdings Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

NewPage Holdings Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales were $796 million compared to $780 million in the third quarter of 2013. Net sales improved due to higher sales volume of paper partially offset by lower paper prices. Net income was $8 million compared to $21 million in the third quarter of 2013. The decrease was the result of higher input costs, higher interest expense and lower paper prices, partially offset by lower non-cash stock compensation expense, lower pension expense and other cost reduction initiatives. Adjusted EBITDA was $83 million in the third quarter of 2014 compared to $85 million in third quarter of 2013. Operating cash flows were $29 million in the third quarter of 2014 compared to $7 million in the third quarter of 2013. Basic and diluted per share was $1.14 against $2.90 a year ago. For the nine months ended September 30, 2014, the company used $22 million of cash in operations compared to $16 million for the nine months ended September 30, 2013. The increase is primarily the result of higher input costs, driven by weather-related factors, higher cash interest and other cash charges associated with the February 2014 debt refinancing, partially offset by a reduction in cash requirements for bankruptcy-related items. Cash used for operating activities during the nine months ended September 30, 2013 includes $60 million in non-recurring bankruptcy-related payments. Capital expenditures were $53 million against $46 million a year ago. Net sales were $2,286 million against $2,256 million a year ago. Net loss was $93 million compared to $3 million a year ago. Basic and diluted loss per share was $13.11 against $0.43 a year ago.

NewPage Corporation Introduces Reflections High Gloss Premium Label Paper

NewPage Corporation announced the introduction of Reflections, a new 60 lb. high gloss cast coated alternative label paper designed for high-end wet glue and pressure sensitive applications that require smooth printing and a mirror gloss appearance, such as spirits, wine and pharmaceutical labels. Reflections resembles cast coated grades with superior surface uniformity and features a high gloss effect achieved without the use of varnishes, UV or aqueous coatings. Reflections is Food and Drug Administration compliant for direct and indirect food contact. Reflections is available with third-party chain-of-custody certifications to the Forest Stewardship Council, the Sustainable Forestry Initiative and the Programme for the Endorsement of Forest Certification.

Similar Private Companies By Industry

Company Name Region
RF Kilns, Inc. United States
AR Metallizing Ltd. United States
The Paper Tigers, Inc. United States
Anderson & McQuaid Co, Inc. United States
Republic Group Incorporated United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NewPage Holdings Inc., please visit www.newpagecorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.