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KapStone Paper and Packaging Corp fka KS RSS Feed

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Kraft Paper Mill First Quarter Operating Highlights First quarter 2008 net sales of $67.1 million were up $1.7 million, or 2.6%, and net income of $7.2 million was up 2.1% compared to the same quarter last year. One Northfield Plaza Suite 480 Northfield, IL 60093 United States - Map Phone: 847-441-0929 Fax: 847-441-8267 Web Site: http://www.kapstonepaper.com DETAILS Index Membership: N/A Sector: Consumer Goods Industry: Paper & Paper Products Full Time Employees: 710 About the Company Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation, is a leading North American producer of kraft paper and converter of inflatable dunnage bags. The Company is the parent company of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and Ride Rite(R), an inflatable dunnage bag manufacturer in Fordyce, AR. The business employs approximately 700 people. BUSINESS SUMMARY KapStone Paper and Packaging Corporation produces and sells unbleached kraft paper and lightweight linerboard, and dunnage bags in the United States. The company offers a portfolio of paper grades to convert paper into various products, including multiwall bags for agricultural products, pet food, cement, and chemicals; grocery bags; and specialty conversion products, such as wrapping paper products and rollwrap. The linerboard grades are primarily produced for manufacturing corrugated containers for packaging products. Its products are sold to manufacturers, less-than-trailer-load distributors, and retail regional distribution centers. The company was founded in 1907. It was formerly known as Stone Arcade Acquisition Corporation. KapStone Paper and Packaging Corporation is headquartered in Northfield, Illinois. KEY EXECUTIVES Mr. Roger Warren Stone , 73 Chairman and Chief Exec. Officer Mr. Matthew Kaplan , 51 Pres, Chief Operating Officer, Sec. Ms. Andrea K. Tarbox , 57 Chief Financial Officer and VP Mr. Timothy P. Keneally , 60 VP and Pres of Kapstone Kraft Paper Corp. Mr. Derek T. Lively , Sole Incorporator Shares 24.01 m Float 17.7 mil
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