P. H. Glatfelter Co.
reported first quarter net income of $15.4 million, a 44 percent improvement from
last year’s first quarter income.
Meanwhile, revenue for the quarter
declined 1 percent to $185.6 million from $187.7 million.
Looking ahead, the company
indicated that the scheduled annual maintenance shutdown at its Spring Grove
mill would occur in the second quarter. This shutdown occurred during the third
quarter of 2000.
Third quarter 2001 results
will be positively impacted by a like amount compared to the third quarter 2000
results.
Explore the April 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker
