Gatineau, Quebec, Canada, 08 June 2011 – Glatfelter (NYSE:GLT), a global supplier of specialty papers and fiber-based engineered materials, is expanding its proprietary festooning capacity, providing a sustainable competitive advantage to its customers. This expansion is in response to rapidly growing demand in the Americas.
“Our festooning technology provides our customers with unique benefits to improve operational efficiency and reduce conversion costs," said Jonathan Bourget, vice president and general manager, Advanced Airlaid Materials Business Unit. "This investment virtually doubles our North American capacity. Demand for festooned products has been increasing rapidly and adding a new line will position Glatfelter to better serve our growing global customer base.”
Glatfelter lists the following benefits of its festooning technology:
• Lowers total logistic costs,
• Improves material handling,
• Increases customers' converting run-times,
• Generates higher product value due to fewer material splices and low reject rates,
• Creates less dust generation during the de-festooning process, and
• Delivers products with very high quality and consistent run ability.
Glatfelter operates festooning lines in its Falkenhagen, Germany, and Gatineau, Quebec, operations. This investment will significantly increase capacity in the Gatineau facility. The project costs are factored into the company’s previously reported capital guidance of $60 million to $65 million for 2011. While improving service to the growing demand of its customer base, Glatfelter also expects the investment to contribute to the Gatineau community by creating new employment opportunity as this capacity becomes operational.
Headquartered in York, Pennsylvania, Glatfelter is a global manufacturer of specialty papers and fiber-based engineered materials, offering more than a century of experience, technical expertise, and world-class service. U.S. operations include facilities in Spring Grove, Pennsylvania, and Chillicothe and Fremont, Ohio. International operations include facilities in Canada, Germany, France, the United Kingdom, and the Philippines, a representative office in China, and a sales and distribution office in Russia. Glatfelter’s sales approximate $1.5 billion annually and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT. Additional information may be found at www.glatfelter.com.