KapStone Paper ranked 10th on Forbes' annual 100 Best Small Companies based on equity, growth of earnings and sales, stock performance
October 20, 2011
– KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that they have ranked 10th overall on Forbes's annual list of the 100 Best Small Companies according to the rankings included in the November 5, 2011 issue. Forbes determined the rankings based upon return on equity, growth of earnings and sales, and the relative stock performance of each company as compared with that of its peers over the past 12 months and over 5 years.
Roger Stone, Chief Executive Officer, commented, "We are very pleased with the recognition from Forbes as the 10th best small company in America, and we will strive to maintain the quality and momentum of our growth with the completion of our latest acquisition of U.S. Corrugated."
About the Company
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard. The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC, and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina. The business currently employs approximately 1600 people. The Company has recently announced plans to acquire U.S. Corrugated for $330 million.