Stock FAQs

how much is one share of common stock in scott paper company worth

by Rosemarie Armstrong Published 3 years ago Updated 2 years ago
image

Is Scott Paper Company still in business?

Although Scott ceased to exist as a corporate entity upon merging with Kimberly-Clark, its new parent company maintained many of Scott's brands. Scott Paper Company was founded by brothers E. Irvin Scott and Clarence R. Scott in Philadelphia, Pennsylvania, in the fall of 1879.

Why was Scott Paper so successful?

During the late 1950s, Scott led the U.S. paper industry in profits and growth despite the fact that it introduced only two new products--a plastic wrap and a sanitary napkin--between 1955 and 1961. Much of the company's success lay in its impressive product research and development.

Is Scott Paper owned by Kimberly-Clark?

1995: Scott absorbed by rival Kimberly-Clark. Until its acquisition by the Kimberly-Clark Corporation, Scott Paper Company was a global consumer products company and the world's leading manufacturer of tissue products such as toilet tissue, paper towels, and paper napkins.

What company makes Scott tissue paper?

For the episode of The Office, see Michael Scott Paper Company. The Scott Paper Company was the world's largest manufacturer and marketer of sanitary tissue products with operations in 22 countries. Its products were sold under a variety of well-known brand names, including Scott Tissue, Cottonelle, Baby Fresh, Scottex and Viva.

See more

image

Is Scott Paper Company publicly traded?

Scott Paper Co. shares are first traded on the New York Stock Exchange.

Who owns Scott Paper?

Kimberly-ClarkScott Paper Company / Parent organizationKimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Wikipedia

What happened to Scott Paper Company?

In 1995, Scott Paper was acquired by Kimberly-Clark, which continues to use the Scott brand. Scott Paper Limited, its subsidiary in Canada, was sold and became Kruger Inc. As part of the sale of the company, the Baby Fresh baby wipes brand was sold to Procter & Gamble and is now sold under the Pampers brand.

Who owns Scott bathroom tissue?

Kimberly-Clark CorporationKimberly-Clark's Family Care Sector in North America manufacturers and markets leading tissue brands, including Kleenex, Scott, Kleenex Cottonelle, Kleenex Viva and Kleenex Expressions. Kimberly-Clark Corporation is a leading global manufacturer of tissue, personal care and health care products.

Who owns the biggest toilet paper company?

Procter & GambleProcter & Gamble is one of the biggest consumer goods companies in the world. In 2016, the company generated net sales worth about 65.3 billion U.S. dollars and is the leading manufacturer in a vast majority of consumer goods product categories.

Who is the largest manufacturer of toilet paper?

Procter & GambleTable 3: Top Manufacturers of Toilet Paper WorldwideCompany2017 Sales1Procter & Gamble65.12Kimberly-Clark18.33Unicharm6.02*4Metsä5.45*3 more rows

How much does Michael Scott paper company sell for?

$60,000Spoilers (2) After David Wallace offers The Michael Scott Paper Company a buyout of $60,000, Pam asks Ryan why he assumes he'll be getting all of it himself.

When did Kruger buy Scott Paper?

1997Montreal-based Kruger purchased the assets of Scott Paper from Kimberly-Clark in 1997. The purchase included a ten-year licensing and trademark agreement for the Scott, Cottonelle and ScotTowels trademark names which expires June 2007.

What is the oldest toilet paper company?

the Scott Paper CompanyIn 1879, Scott brothers founded the Scott Paper Company. The Scott Paper Company's toilet paper was the first toilet paper sold in rolls. In 1890 the Scott Paper Company made its Waldorf brand toilet paper in rolls.

What is going on with Scott toilet paper?

In Feb 2019, this product has changed and is now awful. Over the years, Kimberly-Clark has made the roll narrower, the tube bigger, and the paper thinner. This time, they've taken it too far. The new 2019 formula is astonishingly thin and intolerably abrasive.

Is Scott toilet paper made in the USA?

The vast majority of Scott® toilet paper and paper towels are manufactured in the United States of America from domestic and imported materials, a minor part of the production is in Canada and Mexico.

What company makes toilet paper stock?

Toilet Paper Stocks ListSymbolGradeNameCLWAClearwater Paper CorporationKMBBKimberly-Clark CorporationPGBProcter & Gamble Company (The)ITPCIT Tech Packaging, Inc.

What percentage of the paper industry did Scott have?

By 1955, Scott had a 38 percent share of the sanitary-paper business, its closest competitor taking only 11 percent. During the late 1950s, Scott led the U.S. paper industry in profits and growth despite the fact that it introduced only two new products — a plastic wrap and a sanitary napkin — between 1955 and 1961.

How much of Scott's profits came from toilet paper?

As a result, Warren was responsible for 45 percent of Scott ’ s profits in 1984, and continued to contribute at least a healthy 25 percent of total profits annually. A full 50 percent of Scott ’ s profits still came from toilet and facial tissue and paper towels.

What was Scott's success?

Scott ’ s success could also be attributed to its virtual monopoly of its market, which began to erode with Procter & Gamble ’ s entry into the home paper products market. Primarily a soap maker, Procter & Gamble (P&G) in 1957 acquired Charmin Paper Mills, a regional producer of facial and toilet tissues and paper towels and napkins. P&G aggressively promoted Charmin ’ s Puffs facial tissue and White Cloud toilet tissue in their traditional market area, the north central states. By 1961, these brands began edging out Scott products in that region. Nevertheless, in 1961 Scott was the most profitable paper company in the United States in terms of profit margin and return on investment, and was not greatly disturbed by P&G ’ s regional success. In a conservative response, Scott refused to use promotional coupons and price deals, opting instead to reduce the price of its products. With its entry, however, P&G had opened up the sanitary-paper market; by 1966, Scott had five major competitors. In addition, supermarket chains began selling their own low-cost private-brand tissues. Scott responded mildly, introducing new colors and styles for its already established product lines.

What is Scott Paper Company?

Scott Paper Company is a major consumer products company that concentrates on selling home and commercial paper products such as toilet and facial tissues, baby wipes , paper towels, napkins, tablecloths, plates, and plastic cutlery and cups.

What is the NAIC number for paper towels?

NAIC: 322291 Sanitary Paper Product Manufacturing. Until its acquisition by the Kimberly-Clark Corporation, Scott Paper Company was a global consumer products company and the world ’ s leading manufacturer of tissue products such as toilet tissue, paper towels, and paper napkins.

When was the paper towel invented?

In 1907 Scott introduced the paper towel. The invention was supposedly inspired by a Philadelphia school teacher who thought it unsanitary for her pupils to share the same cloth towel day after day. Whatever its origins, the paper towel, together with toilet tissue, has formed the backbone of Scott ’ s business.

When did Scott start making paper?

During the late 1950s Scott lead the U.S. paper industry in profits and growth despite the fact that it introduced only two new products — a plastic wrap and a sanitary napkin — between 1955 and 1961. Much of the company ’ s success lay in its impressive product research and development.

Who owns Scott Paper?

Acquisition by Kimberly-Clark. In 1995 Scott Paper was acquired by Kimberly-Clark, which continues to use the Scott brand. Scott Paper Limited, its subsidiary in Canada, was sold and became Kruger Inc. As part of the sale of the company, the Baby Fresh baby wipes brand was sold to Procter & Gamble and is now sold under the Pampers brand.

What is Scott Paper Company?

The Scott Paper Company was the world's largest manufacturer and marketer of sanitary tissue products with operations in 22 countries. Its products were sold under a variety of well-known brand names, including Scott Tissue, Cottonelle, Baby Fresh, Scottex and Viva.

Where is Scott paper made?

Scott Paper Company Plant in Chester, Pennsylvania. 1915 newspaper ad for the toilet paper made by the company. Scott Paper was founded in 1879 in Philadelphia by brothers E. Irvin and Clarence Scott, and is often credited as being the first to market toilet paper sold on a roll. They began marketing paper towels in 1907, ...

When did Scott and Mead start selling paper towels?

They began marketing paper towels in 1907, and paper tissues in the 1930s. In 1927, Scott purchased a Nova Scotian pulp mill, and thus began a long series of acquisitions. It joined with The Mead Corporation in 1936 to form Brunswick Pulp & Paper Company, which used their pulp mill in Georgia to supply both Mead and Scott.

Who was Arthur Scott?

Scott enjoyed success throughout the 20th century due to their advertising methods, which can be traced back to Arthur Scott, the son of E. Irvin Scott. Scott's hard-sell magazine advertisements of the 1930s focused on warnings that using harsh toilet paper would lead to painful rectal trouble.

image

Scott Paper Company Launched in 1879

  • Scott Paper Company was founded by brothers E. Irvin Scott and Clarence R. Scott in Philadelphia, Pennsylvania, in the fall of 1879. Scott originally produced “coarse”paper goods such as bags and wrapping paper. By the late 19th century, however, the introduction of domestic bathroom plumbing created a market for a new product, toilet tissue. Scott...
See more on encyclopedia.com

A Long Period of Prosperity

  • As the demand for consumer paper products rose steadily, Scott hired innovative engineers to upgrade its papermaking technology. With the introduction of new machines in its Chester, Pennsylvania, plant in the early 1920s, Scott became the world’s largest and most technologically advanced tissue manufacturer. In order to guarantee its growing success, Scott saw that it woul…
See more on encyclopedia.com

New Competitors Enter The Market in The 1950s and 1960s

  • Scott’s success could also be attributed to its virtual monopoly of its market, which began to erode with Procter & Gamble’s entry into the home paper products market. Primarily a soap maker, Procter & Gamble (P&G) in 1957 acquired Charmin Paper Mills, a regional producer of facial and toilet tissues and paper towels and napkins. P&G aggressively promoted Charmin’s P…
See more on encyclopedia.com

Diversification in The 1970s and 1980s

  • Believing that its philosophy of specializing in just a few products was becoming outmoded, Scott also began to diversify. McCabe made Scott’s first non-paper acquisition in 1965—Plastic Coating Corporation of Holyoke, Massachusetts, and its subsidiary, Tecnifax Corporation. Plastic Coating allowed itself to be bought by Scott to finance a major expansion of its coating plants. Plastic C…
See more on encyclopedia.com

The 1980s and Global Expansion

  • The 1980s brought a welcome spurt of growth for Scott’s coated paper subsidiary, S.D. Warren. Although Warren had long been a market leader, high production costs made its profits mediocre. In 1982, Scott built Warren a new machine to produce lighter-weight papers, anticipating an increase in medium-weight paper consumption. Since other companies had predicted a decreas…
See more on encyclopedia.com

Difficult Times in The Early 1990s

  • Confident in the upgrades the company had made to its production facilities and Scott’s stable market share, Lippincott led Scott to expand its capacity in 1990. This decision would prove to be disastrous. According to one observer in the Guardian, 1990 marked the “beginning of one of the tissue industry’s worst downturns.” A slew of new competitors coupled with rampant overprodu…
See more on encyclopedia.com

1995 Takeover by Kimberly-Clark

  • Many analysts had speculated that Dunlap’s underlying goal was to make Scott an attractive acquisition target. Such suspicions were fueled in July 1995 when Wayne Sanders, the chairman and CEO of Kimberly-Clark, confirmed that Kimberly-Clark and Scott had signed a merger agreement. The deal, which would create a $13 billion consumer products behemoth, offered Ki…
See more on encyclopedia.com

Further Reading

  • Harrington, Jeff, “Kimberly, Scott Talking Merger,” Cincinnati Enquirer, June 24, 1995. Irvine, Martha, “Scott CEO Names Ex-Colleagues to Fill Senior Positions,” Wall Street Journal, June 2, 1994. “Judgment Day,” Delaney Informed Communications, May 30, 1994. Saporito, Bill, “Scott Isn’t Lumbering Anymore,” Fortune, September 30, 1985. “Scott Paper Raises Lay-Off Target,” Fin…
See more on encyclopedia.com

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9