Nekoosa, comprised of Nekoosa Coated Products, RTape Corp, and CET Films, announced today the acquisition of Catalina Graphic Films, effective as of March 1, 2018. Catalina Graphic Films, headquartered in Calabasas, CA with manufacturing facilities in Chicago, IL and Las Vegas, NV, is a leading manufacturer of pressure sensitive products used primarily for printed retail point of purchase advertising and promotion. Nekoosa is making the acquisition to support expanded manufacturing capability, product portfolio expansion, and a national manufacturing footprint. “Nekoosa is proud to combine its 50 year legacy with the equal 50 year family legacy of Catalina Graphic Films, and create a truly special business that can service our customers with an incredibly broad portfolio of products, services, and capabilities,” said Paul Charapata, CEO of Nekoosa. Click Read More below for additional information.
Glatfelter announced the promotion of Timothy R. Hess to Senior Vice President and Business Unit President, Specialty Papers. In this role, Mr. Hess will have overall P&L responsibility and will guide the strategic direction for the business unit. He will report directly to Dante C. Parrini, Chairman and Chief Executive Officer.
John P. Jacunski, who has led Specialty Papers since April 2016, in addition to his role as Chief Financial Officer, will continue serving in his primary role as the CFO of Glatfelter.
In making this announcement, Mr. Parrini said, “A 22-year veteran of Glatfelter, Tim Hess brings deep market knowledge and strong customer relationships to his role as Business Unit President for Specialty Papers. Tim has been a driving force behind Specialty Papers’ successful track record of outperforming the broader uncoated freesheet market for the past 12 years, while also helping to shape the strategy for the business.
Tim’s promotion will enable John Jacunski, as our CFO, to focus all of his efforts on the execution of a number of high-priority initiatives across our businesses and the financial aspects of the Company overall.”