Magnera Corporation Chart

Key Personnel

Curt Begle, CEO; Jim Till, CFO and treasurer; Phil Lerro, CIO; Tarun Manroa, COO

Facilities

U.S. and Canada: Augusta, KY; Benson, NC; McAlester, OK; Mooresville, NC; Nashville, TN; North Bay, Canada; Old Hickory, TN; Statesville, NC; Washington, GA; Waynesboro, VA; Charlotte, NC; Asheville, NC; Mount Holly, NC; Fort Smith, AR; Memphis, TN; Gatineau, QC

Latin America: Atlacamulco, Mexico; Cali, Colombia; Jundiaí, Brazil; Pouso Allegre, Brazil; San Luis Potosí, Mexico; São José dos Pinhais, Brazil; Buenos Aires, Argentina; San Jose, Costa Rica

EMEIA: Aberdare, U.K.; Aschersleben, Germany; Bailleul, France; Berlin, Germany; Biesheim, France; Cujik, Netherlands; Dombühl, Germany; Maldon, U.K.; Neuville-en-Ferrain, France; Tarragona, Spain; Terno d’Isola, Italy; Scaër, France; Soultz, France; Dresden, Germany; Falkenhagen, Germany; Gernsbach, Germany; Steinfurt, Germany; Milan, Italy; Moscow, Russia; Asturias, Spain; Basel, Switzerland; Zug, Switzerland; Lydney, U.K.

Asia: Nanhai, China; Suzhou, China; Shanghai, China; Lanao del Norte, Philippines; Tokyo, Japan; Seoul, Korea; Kuala Lumpur, Malaysia

Despite key challenges including tariff-related uncertainty, regional demand softness, inflationary pressures and elevated energy costs, Magnera continued to deliver solid performance in 2025. The company, which was formed in November 2024 through the merger of Berry Global’s HH&S division and Glatfelter, generated approximately $3.2 billion in net sales and $362 million adjusted EBITDA in 2025.

As the company moves into 2026, the focus has remained on disciplined execution, synergy realization, operational optimization and maintaining earnings stability. While tariffs, energy costs and raw material volatility continue to influence market dynamics, Magnera’s diversified manufacturing footprint, broad customer base and its ability to serve essential end markets have helped it manage these headwinds effectively. “We continue to take a balanced approach, focusing on productivity improvements, cost management and providing differentiated solutions that create value for customers,” says Tarun Manroa, COO.

Serving more than 1000 customers globally across multiple end markets including healthcare, hygiene filtration, wipes and industrial applications, and operating 40-plus production facilities globally, the breadth of Magnera’s portfolio allows it to collaborate closely with customers to solve complex challenges while leveraging technologies and capabilities across regions. At the same time, Magnera’s commitment to innovation remains important.

“We continue to invest in advanced materials, equipment enhancements, sustainability-focused solutions and application developments that help customers meet evolving performance and regulatory requirements,” Manroa adds. “Our global manufacturing network and technical expertise position us to deliver both reliability and innovation in a rapidly changing marketplace.”

Recent investments from Magnera include a new film line in its Dombühl, Germany facility, which complements existing assets with advanced five-layer extrusion technology. This investment modernizes Magnera’s manufacturing capabilities, improves operational efficiency and enhances its ability to deliver high-quality, differentiated solutions that meet evolving customer needs. The new line will support growth in key hygiene segments, increase supply reliability and provide greater flexibility to partner with customers on future innovation opportunities.

Magnera has also taken time to focus on streamlining its global footprint through its Project CORE (Capacity Optimization and Resource Efficiency), which is focused on improving operational agility and enhancing long-term competitiveness. Soon after announcing the program last year, Magnera said it would begin winding down operations at its Pilar, Argentina site. “This was not a decision taken lightly,” said Curt Begle, Magnera CEO, at the time of the announcement. “It reflects our commitment to building a more efficient, responsive and sustainable organization—one that is better positioned to meet the evolving needs of our customers and the market.”

In February, Magnera announced the sale of its Caerphilly, U.K. operations to Polyart Group, a Prudentia Capital holding. The Caerphilly business produces metallized paper for various end market applications, including premium labels, gift wrap and food packaging.

According to executives, both actions followed strategic evaluations of its manufacturing footprint and portfolio, reflecting its ongoing efforts to align resources with business priorities, optimize its operating network and strengthen its competitive position.

“We have not announced additional actions beyond those already disclosed publicly,” Manroa adds. “As with any transformation initiative, we continuously evaluate our operations, technologies and markets to ensure we are best positioned to serve customers and create long-term value for stakeholders.”

In April, Magnera launched its Corporate Responsibility commitments and inaugural Corporate Responsibility Report marking an important milestone for the company. With a framework built around three interconnected pillars—Product, Production and People—these commitments provide a clear foundation for how the company approaches innovation, operational excellence, environmental stewardship and employee engagement over the coming decade.

“Rather than viewing corporate responsibility as a standalone initiative, we see it as an integral part of how we operate and create value,” says Manroa.” These commitments will help guide decision-making, strengthen accountability, improve transparency and support continued innovation while ensuring we remain responsive to the expectations of customers, employees, investors and communities.”Another core tenet embedded in Magnera’s business strategy and innovation is sustainability. Across its entire portfolio, Magnera is developing solutions that help customers reduce environmental impact while maintaining performance requirements. Examples include plastic-free and recycled-content substrates, compostability-focused solutions and products incorporating recycled materials.

Innovation remains a critical driver of growth for Magnera. Over the past year, the company has introduced several new solutions designed to address evolving customer and market needs, including its Next Gen Liquid Barrier solution, which provides a high-performance alternative to fluorochemistry (PFAS); Spinlace® HiDef, a wipe substrate that enhances performance and offers greater brand differentiation; and new TYPAR® accessories, including FlangeFlash, Liquid Flashing and the award-winning Clear Acrylic Flashing.

Most recently, Magnera launched Universa™, a consolidated industrial wiper platform that brings together the strengths of the legacy Chicopee® and Sontara® brands into a streamlined offering that makes product selection easier for customers while delivering trusted performance across a wide range of industrial cleaning applications. These innovations reflect Magnera’s commitment to solving customer challenges, advancing performance and creating value across the markets they serve.

Charlotte, NC
www.magnera.com
2024 Nonwovens Sales: $3.2 billion

Key Personnel
Curt Begle, CEO; Jim Till, CFO and treasurer; Phil Lerro, CIO; Tarun Manroa, COO

Facilities
U.S. and Canada: Augusta, KY; Benson, NC; Dalton, GA; McAlester, OK; Mooresville, NC; Nashville, TN; North Bay, Canada; Old Hickory, TN; Statesville, NC; Washington, GA; Waynesboro, VA; Charlotte, NC; Asheville, NC; Mount Holly, NC; Fort Smith, AR; Gainesville, GA, York, PA; Memphis, TN; Gatineau, QC

Latin America: Atlacamulco, Mexico; Cali, Colombia; Jundiaí, Brazil; Pilar, Argentina; Pouso Allegre, Brazil; San Luis Potosí, Mexico; São José dos Pinhais, Brazil; Buenos Aires, Argentina; San Jose, Costa Rica
EMEIA: Aberdare, U.K.; Aschersleben, Germany; Bailleul, France; Berlin, Germany; Biesheim, France; Cujik, Netherlands; Dombühl, Germany; Maldon, U.K.; Neuville-en-Ferrain, France; Tarragona, Spain; Terno d’Isola, Italy; Scaër, France; Soultz, France; Dresden, Germany; Falkenhagen, Germany; Gernsbach, Germany; Steinfurt, Germany; Milan, Italy; Moscow, Russia; Asturias, Spain; Basel, Switzerland; Zug, Switzerland; Caerphilly, U.K.; Lydney, U.K.

Asia: Nanhai, China; Suzhou, China; Shanghai, China; Lanao del Norte, Philippines; Tokyo, Japan; Seoul, Korea; Kuala Lumpur, Malaysia

Magnera Corporation, based in Charlotte, NC, serves over 1000 customers worldwide, offering a comprehensive range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products and products serving the food and beverage industry.

Operating across 46 production facilities and supported by over 9000 employees globally, Magnera is committed to bettering the world with new possibilities made real. For more than 160 years, Magnera has delivered the material solutions its partners need to thrive. Through economic shifts, global challenges and evolving end-user needs, the company has consistently found ways to solve problems and exceed expectations.

Magnera’s distinct scale and comprehensive portfolio bring customers more materials and choices, spanning advanced nonwovens technologies, including airlaid, spunlace, spunmelt, meltblown, and film and laminate production. This breadth enables Magnera to support customers with reliable, high-quality solutions across healthcare, hygiene, wipes and specialty markets while helping them achieve sustainability goals.

Magnera’s trusted global brands, including Typar, Chicopee, Sontara, Tubex, Reemay, Terram and Fabrene, are recognized for delivering consistent quality and performance across diverse industries.

“At Magnera, we continue to innovate and find new ways to protect and grow our market share while helping our customers bring differentiated products to market,” says Curt Begle, CEO of Magnera. “We view innovation from two critical angles: developing new, high-performing materials that meet evolving customer needs, and driving operational efficiencies to ensure cost competitiveness. By working closely with our procurement teams, suppliers and customers, we’re able to qualify new materials, optimize production and deliver long-term value to our partners while enhancing our ability to compete in the global marketplace.”

By building personal partnerships that withstand an ever-changing world, Magnera empowers customers to differentiate their products and grow, backed by a legacy of operational excellence, continuous innovation and a commitment to responsible manufacturing practices.

Magnera was formed last year through the merger of two of the world’s largest nonwovens producers, which joined forces to add value to their shareholders and create innovative polymer- and fiber-based solutions for their customers. Following an agreement for Berry Global to spin-off and merge the majority of its Health, Hygiene and Specialties business with Glatfelter, a maker of airlaid and spunlaced nonwovens, Magnera became the world’s largest producer of nonwovens.

Prior to the integration, Berry had made several significant investments to its nonwovens business including two state-of-the-art spunmelt lines in Nanhai, China, and a sustainably-focused spunlace line in Cujik, The Netherlands. Additionally, during the Covid-19 pandemic in 2020-2021, Berry added several lines globally capable of producing meltblown nonwovens, the key material used in face masks and respirators. Glatfelter, meanwhile, had aggressively expanded its nonwovens manufacturing footprint since entering the market through the acquisition of airlaid producer Concert Industries in 2010. Most recently, the company acquired Jacob Holm’s spunlace business, including manufacturing sites in North Carolina, Germany and France, as well as Georgia-Pacific’s airlaid operations in the U.S. and Germany.

So far in 2025, performance has been slightly below expectations, driven primarily by inflation and pockets of softer consumption. However, organic growth in wipes and infrastructure markets have helped offset softness in Europe and South America.

“We did continue to see some of the supply-demand challenges coming out of Asia and South America through the quarter,” Begle said in a recent earnings call. “So that offset some of the growth that we did experience in the U.S. As you recall, we have a relatively small position in China today. It’s 5% of our revenue. That business is actually very stable.”

Meanwhile, European performance has been impacted by a combination of competition and lower consumption. In response, the company is preparing itself for a potential reduction in overall consumption at the customer level and what impacts that may have to orders, he adds.

Moving forward, Magnera continues its strong tradition of innovation. Its latest new products included Kamisoft, the company’s softest combination for premium baby and adult incontinence products. Key features include improved softness that is two times softer than standard SMS products as well as improved performance.

Begle says new products like Kamisoft are helping defend Magnera’s existing businesses as its customers focus on premiumization of their product lines. Additionally, innovation gives Magnera the opportunity to further differentiate and gain share in the more attractive areas of some of the non-commoditized parts of the market.

Meanwhile, within wipes, Magnera sees strong potential in the institutional market where it has a lot of headroom for growth, despite its strong position there.

“We see wipes as across the enterprise as being a nice growth (market) historically. We have strong CAGR in that space, but also now with a full portfolio of products, we continue to innovate and find ways to, again, protect share, but also go out and gain new share,” Begle says.

Across all of its operations, Magnera will continue to look at innovation in two ways—one is new product development and the other is cost. “Working with the procurement group, working with the sites, finding that time on the line to be able to qualify materials and then working with ultimately our suppliers and our customers to get those qualifications for the long-term benefits,” Begle adds. “What that comes along with is more competitive price offerings for us to be able to go out and get the right cost of goods sold.”

For product innovation, Magnera continues to focus on collaboration with its customers to better know the consumer. “As they’re fighting for share on the shelf, it’s how they differentiate and get the value for the products that they’re putting in the market. And so we do not intend to slow down there at all,” Begle adds. “For us, it’s a big part of the future portfolio shift of the organization as we work through optimization programs on some parts of the portfolio that may not be generating the type of profit that we’re looking for through both price, productivity and cost.”