Family-owned paper maker sells business
An out-of-state company has acquired a family-owned manufacturer of custom paper in the region.
Glens Falls, New York-based Finch Paper Holdings, the parent of Finch Paper, has acquired Niles-based French Paper Company, according to the companies last week.
Terms of the deal were not disclosed.
“With this partnership, we are bringing together two outstanding teams,” said Debabrata Mukherjee, president and CEO, Finch Paper.
“Finch and French have similar histories as iconic paper companies. We are each a pillar in the community we call home, a trusted employer and a manufacturing leader. We are delighted to welcome the French team to our Finch family.”
French Paper is joining Finch Paper Holdings as a portfolio company but it will continue to operate business as usual.
French’s leadership team and employees will be retained, and the company will continue to operate at its current location in Niles, at 100 French St.
“We are excited about combining the many strengths and resources of Finch with our own and creating a business that will provide outstanding service to current and future customers,” said Jerry French, CEO, French Paper.
French Paper Company
Founded in 1871, French Paper Company manufactures custom paper for graphic arts, printing, packaging, writing, text, cover, specialty and gift applications.
Its products are used to make corporate brochures, pocket folders, corporate annual reports, advertising inserts, direct mail, business cards, hang tags, posters, scrapbooks, invitations, personal stationery, labels and high-end packaging for point-of-purchase advertising.
The company has just fewer than 100 employees.
Founded in 1865 as a family-owned sawmill, lumberyard and quarry business, Finch Paper today is a vertically integrated paper manufacturer specializing in high-bright, uncoated papers for North American printing and converting markets.
Using advanced manufacturing systems, Finch produces a portfolio of opaque text, cover and digital papers for multi-press environments.
The company employs about 500 people.