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Committed to Integrity and Solid Results

To be a truly sustainable company, you must continually meet your obligations and responsibilities to the environment, to shareholders and employees, as well as the communities in which you operate.

Since 1864, Glatfelter has been a secure and profitable investment for the communities in which we operate; for our skilled and dedicated employees; for the countless suppliers who rely on us to help keep their small businesses in operation; and for our investors who afford us the opportunity to grow stronger and return value.

The concept of sustainability is embedded in Glatfelter’s culture and in our core values. We recognize the important role we play in being a good corporate citizen and in meeting or exceeding shareholder expectations. Our ability to grow our business responsibly and our commitment to continuous improvement has led to long-term stability and successful financial performance.

We have built a business model around high-value niche markets using speed, flexibility, innovation, solid operational performance and customer intimacy. This model has enabled us to build strong customer relationships and enhance shareholder value. It has also positioned us to reinvest in our business to develop new world-class products.

With a strong balance sheet and investments in new products, Glatfelter is strategically positioned for continual growth and to become the global supplier of choice in specialty papers and engineered products.

New Product Development – A Prime Differentiator

We are continually enhancing the performance of existing products and investing in New Product Development (NPD) to meet customers’ evolving needs.

54% of Glatfelter's sales revenue in 2011 was generated from products less than five years old using the Product Development Management Association's "Cooper Categories" and accepted definitions for new products. We have achieved this NPD program target every year for the past six consecutive years. In uncertain economic times, NPD has become a primary performance driver, exemplifying Glatfelter’s stability, dedication to innovation and commitment to continuous improvement.

Through our New Product Development efforts, we now have products like:

  • NatureSolv™: an organic-based carbonless capsule that replaced a petroleum-based capsule. This product was acquired through the purchase of our Chillicothe, OH, facility.
  • GEPAGREEN: A unique sustainable metallized paper that consists of 35% post-consumer waste (PCW) content and the remaining 65% from fibers harvested using sustainable forestry practices.
  • Filter papers that use alternative fibers such as abaca instead of wood-based fibers.
 
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New Product Development as % of Gross Revenue
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Adjusted Earnings
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spacer Effective strategic execution has driven long-term earnings growth. spacer
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*Adjusted Earnings is equal to Net Income, adjusted for acquisition and integration expenses, and other one-time charges, and excluding gains on sale of timberlands, insurance recoveries, alternative fuel mixture and cellulosic biofuel tax credits.
†CAGR: Compounded Annual Growth Rate

Capital Investments for a Sustainable Future

Our commitment to sustainability is evident through the capital investments we have made in our machines, our facilities and our environment.

Glatfelter: Machines and Facilities
Machines and Facilities
We are committed to maintaining the effectiveness and efficiency of our manufacturing facilities and capabilities. We regularly evaluate opportunities to invest in our facilities to ensure that we are positioned to meet the changing needs of the markets we serve. We strive to ensure our operations fully comply with all environmental regulations, and support leading technologies to satisfy customer needs.
 

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*Represents annual revenue prior to acquisition
These strategic acquisitions significantly increased our revenues and provided us with additional operating scale, increased production capacity, and an expansion of our geographic reach.
 


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Capital Expenditures
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spacer Over the past several years, we have reinvested in our business to maintain a high level of operating efficiency, to meet our environmental responsibility and to position the company for long-term growth. spacer
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Sustainability