Glatfelter
| Company type | Public |
|---|---|
| NYSE: GLT | |
| Industry | Manufacturing |
| Founded | 1864 |
| Headquarters | Charlotte, North Carolina, U.S. |
Key people | Thomas Fahnemann (CEO) |
| Revenue | US$1.1 Billion (FY 2020) |
| US$49.2 Million (FY 2020) | |
| US$21.3 Million (FY 2020) | |
| Total assets | US$1.3 Billion (FY 2020) |
| Total equity | US$557.9 Million (FY 2020) |
Number of employees | 3,250 |
Glatfelter a global manufacturer of engineered solutions successfully merged with Berry Global’s Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”), resulting in the creation of Magnera Corporation (NYSE: MAGN), the largest nonwovens company in the world, with a broad platform of solutions for the specialty materials industry. Magnera’s purpose is to “better the world with new possibilities made real.”
The company's products are found in tea and single-serve coffee filtration, personal hygiene and packaging products as well as home improvement and industrial applications. Headquartered in Charlotte, North Carolina, the company's annualized net sales approximate $1 billion with customers in over 100 countries and approximately 2,560 employees worldwide. Operations include twelve manufacturing facilities located in the United States, Canada, Germany, France, the United Kingdom, and the Philippines.
The company was started by Philip Henry Glatfelter in 1864 in Spring Grove, Pennsylvania. Glatfelter's annual revenues are approximately $1.1 Billion annually, and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT. Glatfelter and its subsidiaries employ approximately 3,250 people worldwide.