RockTenn was an American paper and packaging manufacturer based in NorcrossGeorgia. Init merged with MeadWestvaco to form the WestRock company. Among its customers in the mids were a local boot factory, a local candy manufacturer, a hosiery company, and several shirt manufacturers. The owners, Joe McHenry and A.
Saxon, who also operated several other business ventures, wanted to sell out and retire. The year-old Morris had been a printer and part-time Presbyterian minister when he went to work in for Edwin J. Schoettle, a PhiladelphiaPennsylvaniaindustrialist Shift Company Uk owned a group of box and printing companies that bore his name.
He also traveled along the eastern seaboard, explaining to meat packers his discovery that they could avoid shrinkage of their hot dogs by putting them in Schoettle's boxes instead of stringing them up like bananas. ByMorris was making Rock Tenn Company Atlanta Ga salary on which he could comfortably support his wife and four children, but he wanted to go into RRock for himself.
There he managed the J. Using Smith's presses, die-cutters, and other box making equipment during the evening, Morris began servicing two anchor customers who knew him from his Philadelphia days.
A bank loan to Morris made the deal possible. Morris sold corrugated partitions to major glass companies, which needed them to separate the bottles and glasses they shipped. The following year the name of his enterprise was changed to Newth Morris Box Company. Inanother branch was opened in Jacksonville, Florida, where the company produced cardboard anti-radar devices for World War II American troops and popcorn Outdoor Living Area Company for movie theater owners.
Morris's purchase of Rock City Box Co. Andrew M. The company's third founder was A. Sheperd of Vincennes, Indianaa boxboard manufacturer. Although the founders originally planned to make board from wheat straw, they turned instead to wastepaper as the primary raw material; thus Tennessee Paper became the first recycled paperboard mill in the South.
To reduce its electric bill, Atlants company installed its own steam generating plant in Paperboard Compnay averaged 20 tons a day in Gq early years, reaching an average of This figure would not be matched for some time because of the Great Depression; production dropped to 11, tons in The company remained profitable, however, although only modestly so. As the nation's economy slowly recovered, Tennessee Paper's volume of business increased to meet renewed demand.
During the factory operated at 85 percent capacity, compared with the industry average of 71 percent. Init operated Tennn record days. Prentiss Vice Company second papermaking machine doubled the mill's capacity in Beginning inhowever, Tennessee Paper began losing customers to companies manufacturing lower-cost folding cartons and corrugated and plastic containers. The trend in Rock Tenn Company Atlanta Ga business was toward vertical integration.
Typically profits were made at the mill level, by selling boxes virtually at cost. The effect on boxmakers was so severe that by Tennessee Paper was extending credit and loans Compajy its customers in order to keep their accounts. One of these customers was Rock City. Its consumption of Tennessee Paper's board grew from about 1, tons in to about 37, tons inwhen it took 44 percent of Tennessee Rodk total boxboard production.
Between and Tennessee Paper Republic Of Liverpool Beer Company Morris's burgeoning industrial empire grew both by acquisitions and by establishing new companies. This land was purchased in and gradually became the focal point for management of all the Morris companies. A new 30,square-foot warehouse was added to the Norcross facility in Each of the Morris companies operated as a separate and virtually autonomous profit center.
Rock City opened not only small set-up and folding carton plants but also facilities in Livingston and Milan, Tennessee, to meet the packaging needs of shirtmakers. A set-up box division was established in Rock City Waste Paper Co.
Other Morris companies and plants sprouted throughout the South. Morris became chairman of the board and a son-in-law, Worley Brown, became president. Meanwhile, in order to meet the competition, Tennessee Paper began buying customers to assure continued markets for its paperboard products. Init acquired Knoxville Paper Box Co. InTennessee Paper acquired wastepaper factories in Knoxville and Atlanta, and in it built another wastepaper plant in Chattanooga.
The merger of Rock City Packaging and Tennessee Paper Mills in gave Morris, Brown, and others who held stock in the former companies a controlling interest in the new corporation, RockTenn Company. Some shareholders, however, opted for cash instead.
The president of Tennessee Paper, W. Max Finley, and his immediate family, received common stock in the new company. Finley was elected chairman of the board and Brown became president and chief executive officer. Reorganization did nothing to slow down expansion. By the company had 29 Rock Tenn Company Atlanta Ga.
In Bradley Currey, Jr. Brown became chairman of the board while remaining chief executive officer. Finley moved to senior chairman of the board. Morris remained chairman of the executive committee until his death in January In a Atlanta Constitution interview, Currey attributed the decade-old company's growth to "luck, chance, and circumstance The following year the company dedicated to Chairman of the Board Finley a 33,square-foot office building behind its headquarters in Norcross.
The next year it Rck the former Specialty Paperboard Inc. With these additions RockTenn controlled Comlany manufacturing and distribution operations, including eight mills with a total annual production capacity oftons of recycled paperboard products.
RockTenn now ranked sixth among U. Production in wastons of recycled paperboard, of whichtons was clay-coated recycled paperboard. The first public offering of RockTenn stock, amounting to about 14 percent of the shares outstanding, was made in March A Rokc of shareholders offered about 3. The newly acquired plant, which was to serve as the principal supplier of recycled clay-coated paperboard for RockTenn's Vermont mill, became the company's second largest folding carton facility.
By the middle of the s, RockTenn had 59 facilities in 19 states and Canada. Based in St. The acquisition propelled RockTenn into the number Rock Tenn Company Atlanta Ga position among producers of folding cartons in North America and also made the company the leading manufacturer of recycled paperboard in the United States. The venture combined RockTenn's eight partition plants with the seven that had been owned by Sonoco.
Some of the profit shortfall was attributable to costs stemming from plant closings, and the company Clmpany additional plants in the next two fiscal years as profit levels recovered somewhat. Rubright, who had previously been the head of the pipeline group and energy services business of Sonat, Inc.
Currey handed over the chairmanship to Rubright as well in January Later inShuster, having been passed over for the CEO position, left the company. Rubright accelerated the pace of restructuring at RockTenn through the closure of a number of under-performing plants. He also shifted the company's emphasis away from the slow-growing recycled paperboard side and toward the Atlqnta with higher growth potential: the folding carton and Tenn packaging businesses, as well as the burgeoning merchandising display operation, which by the early s was the U.
Meantime, in February the company formed a joint venture with Lafarge Corporation called Seven Hills Paperboard, LLC, which was charged with producing gypsum paperboard liner for the U. RockTenn owned 49 percent of the venture. In NovemberAdvertising Display Company, a producer of both temporary and permanent point-of-purchase displays, was acquired. Comany activity continued in with the purchase of Cartem Wilco Group Inc. The deal accelerated RockTenn's expansion into the growing pharmaceutical and health and beauty packaging market.
Cartem Wilco, which operated plants in Montreal and Quebec City, also produced folding cartons for food packaging and consumer products. RockTenn secured its first folding carton operation on the West Coast through this acquisition, gaining a manufacturer of folding cartons for the fast-food, in-store deli, and gift box markets. InRockTenn made a successful bid for Smurfit-Stone Containerthe world's-largest producer and recycler of paperboard. Rock-Tenn Co. From Wikipedia, the free encyclopedia.
Former American paper and packaging manufacturer. This article needs to be updated. Please update this article to reflect recent events or newly available information. August Please help improve this article by adding citations to reliable sources.
Unsourced material may be challenged and removed. Operating income. Net income. Companies portal. Arthur Newth Morris Sr. Retrieved March 22, Rock Tenn Company Atlanta Ga October 25,
At WestRock, we’re proud of the millions of packages and boxes we make every year. But we are even more proud of what each of these boxes represent: connections. WestRock creates winning solutions for our customers that connect people to products. Let’s connect.…
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Company history. RockTenn Company was formed in 1973, the product of a merger between Tennessee Paper Mills Inc. and Rock City Packaging, Inc. Its origins date back to 1898, when the Rock City Box Company of Nashville, Tennessee, was founded.Among its customers in the mid-1940s were a local boot factory, a local candy manufacturer, a hosiery company, and several shirt manufacturers.Headquarters: Norcross, Georgia, United States…
Feb 09, 2017 · The company once known best locally as the giant box-maker Rock-Tenn Co. is leaving its longtime Norcross campus for a Sandy Springs office tower where 800 of …Author: Douglas Sams…
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