Glatfelter (GLT) Declares $0.12 Quarterly Dividend; 2.9% Yield
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Glatfelter Declares Dividend of $0.12 on Common Stock
December 10, 2015 12:49 PM ESTYORK, Pa.--(BUSINESS WIRE)-- Glatfelter (NYSE: GLT) announced today that its Board of Directors declared a $0.12 per share cash dividend on its outstanding common stock. The dividend is payable on February 2, 2016 to shareholders of record as of the close of business on January 4, 2016.... More
Glatfelter Announces Plans to Build New Advanced Airlaid Materials Facility in the U.S.
December 10, 2015 6:50 AM ESTYORK, Pa.--(BUSINESS WIRE)-- Glatfelter (NYSE: GLT) announced today that it will invest approximately $80 million to build a new production facility in the United States for its Advanced Airlaid Materials business (AMBU). The Company is currently evaluating location options, primarily in the southern United States.
Our Advanced Airlaid Materials business is a global growth platform that has a unique opportunity to capitalize on increasing and unmet demand in North America for the materials used in lighter-weight hygiene and disposable wipes products, said Dante C. Parrini, Chairman and Chief Executive Officer.... More
