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PaperWorks Reorganizes Corporate Structure

Philadelphia, Pennsylvania, USA, 15 February 2012 -- Under the direction of Richard F. LeBlanc, interim president and CEO, PaperWorks Industries, Inc. today announced a reorganization of its corporate and executive structure.

"As part of our ongoing efforts to be a customer-focused company, we have streamlined the organization to increase efficiency and improve service,” LeBlanc said.

PaperWorks now comprises two business units. The Paperboard Group includes the company’s original two mills, and five converting facilities acquired in January of 2011 when Manchester Industries merged with PaperWorks.

Its Packaging Group is composed of 10 facilities from the former Specialized Packaging Group, which merged with PaperWorks in 2009, and the more recently acquired Rosmar Packaging.

The company’s organizational chart also has been adjusted, with some significant changes. Along with the recent addition of LeBlanc as interim president and CEO, Mark P. Roy is now the executive vice president of the Paperboard Group, working in parallel with John Hartwell, executive vice president of the Packaging Group. Kevin Coghlan is acting CFO; Dan Sassi, vice president of Human Resources, and Bob Toupin, now vice president of Information Systems, will provide executive corporate support.

“We continue to be a company built around a stable core of seasoned executives. Continuity and consistency are the bedrock of the PaperWorks offering,” LeBlanc concluded.

Founded in 2008, PaperWorks Industries, Inc. is a leading North American integrated full-service packaging provider. The company’s Packaging Group produces specialized folding cartons, serving clients of all sizes across North America from 10 facilities. Its Paperboard Group manufactures approximately 300,000 tons of 100% recycled paperboard every year for a variety of end uses, and further specializes in the cutting and distribution of all paper types according to specific customer needs.

PaperWorks Industries is headquartered in Philadelphia, Pennsylvania. It is home to more than 1600 employees across 17 North American locations and has annual sales in excess of USD 600 million.


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