Interesting company - Recensione dipendente - Dipendente anonimo presso The Newark Group

2,0
16 mar 2014
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

New CEO is bringing new ideas and concepts into the business and implementing them quickly. Safety is paramount. Vertically integrated that allows control from the primary raw material to the product that goes to the final customer.

Svantaggi

While brown grades aren't being hit as hard as white grades, the need for paper products is contracting. There has already been some restructuring activities and there may be the need for some more.

Esplora altre recensioni su The Newark Group

5,0
12 lug 2015
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

great place to work. You can make a difference

Svantaggi

Not many. Management is fair and leadership is good

1,0
15 gen 2015
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Fit for the Future - During the financial crisis, 2 of the 3 largest US producers of uncoated recycled paperboard, Caraustar Industries and Newark Group, went bankrupt with the reorganized companies bought by private equity firms. In recent days, their owners agreed to merge the 2 with the healthier Caraustar acquiring Newark. Assuming the deal closes without required mill divestitures, the new Caraustar will be the largest North American producer of recycled paperboard, with a 21% capacity share.

Svantaggi

Right now in a transition phase The Newark group has been taken over by Caraustar Industries and Newark has been losing contracts and revenue and as a result employees are being laid off. Their future is uncertain and hopefully they will be absorbed by Caraustar. but there are no guarantees. Hopefully Caraustars merger with the Newark Group will be a good thing. Wishing them both the very best in the future.

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