(News Releases)
May 2, 2013
Tredegar Reports First-Quarter Results
RICHMOND, VA, May 2, 2013 - Tredegar Corporation (NYSE:TG) reported
first-quarter net income from continuing operations of $9.5 million
(29 cents per share) compared to $7.7 million (24 cents per share) in
the first quarter of 2012. Results from continuing operations in the
first quarter of 2013 included a net after-tax gain of $0.5 million (1
cent per share) for special items primarily related to an unrealized
gain for an investment accounted for under the fair value method.
Results from continuing operations in the first quarter of 2012
included a net after-tax loss of $0.2 million (1 cent per share) for
special items primarily related to charges associated with the
shutdown of our Kentland, Indiana aluminum extrusions manufacturing
facility and an unrealized loss on our investment in the Harbinger
Capital Partners Special Situations Fund, L.P., offset by an
unrealized gain for an investment accounted for under the fair value
method. Income from ongoing operations in the first quarter of 2013,
which excludes special items, was $9.0 million (28 cents per share)
versus $7.9 million (25 cents per share) in the first quarter of last
year.
FULL
ANNOUNCEMENT
April 9, 2013
W. Brook Hamilton Named President of Tredegar
Corporation's Bonnell Aluminum Subsidiary
RICHMOND, Va.--(BUSINESS WIRE)-- Apr. 9, 2013 -- Tredegar Corporation
(NYSE:TG) announced that W. Brook Hamilton has been named President of
the William L. Bonnell Company ("Bonnell"), effective June
1, 2013. Mr. Hamilton, who currently serves as Bonnell's Director,
Business Planning, will succeed Duncan A. Crowdis, who will retire
June 1, 2013.
FULL
ANNOUNCEMENT
March 12, 2013
Bonnell Aluminum selects Presezzi and Turla to build
new press line dedicated to Automotive
Newnan, GA.-March 12, 2013 - Bonnell Aluminum, a subsidiary of
Tredegar Corporation (NYSE:TG) and a leading North American
manufacturer of aluminum extrusions, announced it has selected the
equipment manufacturers to build its upcoming state-of-the-art
extrusion line dedicated to serve the growing demand from automotive
and light truck original equipment manufacturers.
FULL
ANNOUNCEMENT
February 22, 2013
TREDEGAR CORPORATION ANNOUNCES CROWDIS RETIREMENT
RICHMOND, VA, February 22, 2013 - Tredegar Corporation (NYSE:TG)
announced today that Duncan A. Crowdis plans to retire as president of
The William L. Bonnell Company and Corporate Vice President of
Tredegar Corporation, effective June 1, 2013. The corporation is
finalizing Bonnell's succession planning and the related transition
plan and intends to announce a successor to Mr. Crowdis in closer
proximity to his retirement date.
FULL
ANNOUNCEMENT
February 14, 2013
Tredegar Reports Fourth-Quarter Results
RICHMOND, Va.-(BUSINESS WIRE)- Feb. 14, 2013 - Tredegar Corporation
(NYSE:TG) reported fourth quarter net income from continuing operations
of $13.9 million (43 cents per share) compared to $3.5 million (11
cents per share) in the fourth quarter of 2011. Results from
continuing operations in the fourth quarter of 2012 include a net
after-tax gain of $4.2 million (13 cents per share) for special items
primarily related to an unrealized gain for an investment accounted
for under the fair value method. Income from ongoing operations in the
fourth quarter, which excludes special items, was $9.7 million (30
cents per share) versus $6.5 million (20 cents per share) in the
fourth quarter of last year.
FULL
ANNOUNCEMENT
February 12, 2013
Bonnell Aluminum Commits to Invest $17 Million,
Enters Automotive Market
Newnan, GA.-February 12, 2013 - Bonnell Aluminum, a subsidiary of
Tredegar Corporation (NYSE:TG), announced that it will be investing
$17 million over the next 12 months to fund an expansion project that
will include the purchase of a new state-of-the-art aluminum extrusion
line dedicated to serve the growing demand from automotive and light
truck original equipment manufacturers. The designated site for this
expansion project will be the company's manufacturing facility in
Newnan, Georgia. Planned startup is early 2014.
FULL
ANNOUNCEMENT
February 4, 2013
Bonnell Aluminum featured in Business World Magazine
- January 2013 edition
Bonnell Aluminum has been distinguished as one of America's pioneering
manufacturers of customized aluminum extrusions. With headquarters in
Newnan, Georgia, and state-of-the-art manufacturing facilities in ...
READ
FULL ARTICLE
November 21, 2012
TREDEGAR BOARD DECLARES SPECIAL DIVIDEND
RICHMOND, Va., November 21, 2012 - The board of directors of Tredegar
Corporation (NYSE:TG) today declared a special dividend of
seventy-five cents ($0.75) per share on the company's common stock.
The dividend is payable on December 14, 2012 to shareholders of record
at the close of business on December 7, 2012.
FULL ANNOUNCEMENT
November 21, 2012
TREDEGAR CORPORATION ANNOUNCES SALE OF FALLING
SPRINGS, LLC
RICHMOND, VA, November 21, 2012 - Tredegar Corporation (NYSE:TG)
announced today that it has sold its mitigation banking business,
Falling Springs, LLC, for approximately $16 million to Arc Ventures,
LC, a Virginia limited liability company affiliated with John D.
Gottwald, a member of Tredegar's Board of Directors. The purchase
price paid to Tredegar Corporation is comprised of cash and shares of
common stock of Tredegar Corporation owned by Arc Ventures, LC.
FULL ANNOUNCEMENT
November 1, 2012
TREDEGAR REPORTS THIRD-QUARTER RESULTS
RICHMOND, VA, November 1, 2012 - Tredegar Corporation (NYSE:TG)
reported third-quarter net income from continuing operations of $14.5
million (45 cents per share) compared to $12.7 million (40 cents per
share) in the third quarter of 2011.
FULL
ANNOUNCEMENT
October 1, 2012
TREDEGAR CORPORATION ANNOUNCES ACQUISITION OF AACOA,
INC.
RICHMOND, Va., October 1, 2012 - Tredegar Corporation (NYSE:TG)
announced today that its subsidiary, The William L. Bonnell Company,
Inc. ("Bonnell Aluminum"), has acquired 100% ownership of
AACOA, Inc. ("AACOA"), a leading manufacturer of aluminum
extrusions in North America.
FULL
ANNOUNCEMENT
September 20, 2012
Bruce Walker Joins Bonnell Aluminum
Bonnell Aluminum is pleased to announce that Bruce Walker has joined
the company as Process Engineering Manager - Newnan plant, effective
September 18, 2012.
FULL ANNOUNCEMENT
August 2, 2012
TREDEGAR BOARD DECLARES DIVIDEND
RICHMOND, Va., August 2, 2012 - The board of directors of Tredegar
Corporation (NYSE:TG) declared a quarterly dividend of six cents
($.06) per share on the company's common stock, representing a six
cent ($.06) or 33% increase in the dividend on an annualized basis.
The dividend is payable on October 1, 2012 to shareholders of record
at the close of business on September 14, 2012.
FULL ANNOUNCEMENT
August 1, 2012
TREDEGAR REPORTS SECOND-QUARTER RESULTS
RICHMOND, VA, August 1, 2012 - Tredegar Corporation (NYSE:TG) reported
second-quarter net income from continuing operations of $7.4 million
(23 cents per share) compared to $6.0 million (19 cents per share) in
the second quarter of 2011.
FULL
ANNOUNCEMENT
May 22, 2012
PRESENTING THE COUNTLESS DESIGN BENEFITS OF ALUMINUM
EXTRUSIONS TO FUTURE DESIGNERS, ARCHITECTS AND ENGINEERS
by Guy Charpentier, Marketing Manager, Bonnell Alumninum
READ
ARTICLE
May 16, 2012
TREDEGAR BOARD DECLARES DIVIDEND
RICHMOND, Va., May 16, 2012 - The board of directors of Tredegar
Corporation (NYSE:TG) declared a quarterly dividend of four and
one-half cents ($.045) per share on the company's common stock. The
dividend is payable on July 1, 2012 to shareholders of record at the
close of business on June 15, 2012.
FULL ANNOUNCEMENT
May 3, 2012
TREDEGAR REPORTS FIRST-QUARTER RESULTS
RICHMOND, Va., May 3, 2012 - Tredegar Corporation (NYSE:TG) reported
first-quarter net income from continuing operations of $7.8 million
(24 cents per share) compared to $6.7 million (21 cents per share) in
the first quarter of 2011.
FULL
ANNOUNCEMENT
April 12, 2012
Bonnell Aluminum Appoints Eric Yost as Operations
Manager - Newnan Plant - Newnan, GA. April 12, 2012 - Committed to
serving the growing demand of its key customers and strategic markets,
Bonnell Aluminum, North America's leading manufacturer of custom
aluminum extrusions, is pleased to announce the appointment of Eric
Yost to the position of Operations Manager - Newnan Plant.
FULL
ANNOUNCEMENT
March 1, 2012
TREDEGAR REPORTS FOURTH-QUARTER RESULTS
RICHMOND, Va., March 1, 2012 - Tredegar Corporation (NYSE:TG) reported
fourth-quarter net income from continuing operations of $3.8 million
(12 cents per share) compared to $7.3 million (23 cents per share) in
the fourth quarter of 2010. Results from continuing operations in the
fourth quarter of 2011 include...
FULL
ANNOUNCEMENT
February 29, 2012
Tredegar Board Declares Dividend
RICHMOND, Va., February 29, 2012 - The board of directors of Tredegar
Corporation (NYSE:TG) declared a quarterly dividend of four and
one-half cents ($.045) per share on the company's common stock. The
dividend is payable on April 1, 2012 to shareholders of record at the
close of business on March 16, 2012.
FULL ANNOUNCEMENT
February 13, 2012
Bonnell Aluminum Hires Matthew L. Larson as Regional
Sales Manager - US West Coast
Newnan, Ga.-February 13, 2012-Committed to serving the growing
demand of its key customers and strategic markets, Bonnell Aluminum,
North America's leading manufacturer of custom aluminum extrusions, is
pleased to welcome Matt Larson to its team of Regional Sales Managers.
FULL
ANNOUNCEMENT
February 9, 2012
TREDEGAR ANNOUNCES FOURTH QUARTER 2011 EARNINGS
RELEASE
RICHMOND, Va., February 9, 2012 - Tredegar Corporation (NYSE:TG)
announced today that it will release earnings for the fourth quarter
of 2011 on or before March 15, 2012. The timing of the release will
allow for the integration of financial results of Terphane Holdings,
LLC, which was previously privately held and acquired by Tredegar on
October 24, 2011.
FULL
ANNOUNCEMENT
February 1, 2012
TREDEGAR CLOSING ALUMINUM EXTRUSION PLANT IN
KENTLAND, INDIANA
RICHMOND, Va., February 1, 2012 -- Tredegar Corporation (NYSE:TG)
announced that its Bonnell Aluminum subsidiary will close its plant in
Kentland, Indiana. The plant, which employs 146 people, is scheduled
to close by September 30, 2012.
FULL
ANNOUNCEMENT
December 7, 2011
How to gain LEED® points...
Newnan, GA., December 7, 2011 - Guy Charpentier, Marketing Manager for
Bonnell Alumninum published an article entitled How to gain
LEED® points in new building construction projects using products
made with aluminum extruded profiles?
READ ARTICLE
November 3, 2011
Tredegar Board Declares Dividend
RICHMOND, Va., November 3, 2011 - The board of directors of Tredegar
Corporation (NYSE:TG) declared a quarterly dividend of four and
one-half cents ($.045) per share on the company's common stock.
FULL ANNOUNCEMENT
November 2, 2011
Tredegar Reports Third-Quarter Results
RICHMOND, Va., November 2, 2011 - Tredegar Corporation (NYSE:TG)
reported third-quarter net income from continuing operations of $12.7
million (40 cents per share) compared to $9.0 million (28 cents per
share) in the third quarter of 2010.
FULL
ANNOUNCEMENT
October 24, 2011
Tredegar Corporation Announces Acquisition of
Terphane
RICHMOND, Va., October 24, 2011 - Tredegar Corporation (NYSE:TG)
announced today that its subsidiary, Tredegar Film Products
Corporation, has completed the acquisition of Terphane Holdings LLC
("Terphane"), a leading manufacturer of specialty polyester films with
operations in Brazil and the United States.
FULL ANNOUNCEMENT
September 21, 2011
Bonnell Aluminum donates over 1,600 dictionaries to
Coweta 3rd graders
Employees of the Newnan's Bonnell Aluminum company visited all 19
elementary schools in Coweta County this week, personally delivering
over 1,600 Merriam-Webster dictionaries to students in every third
grade class.
READ MORE
August 3, 2011
Tredegar Reports Second-Quarter Results
RICHMOND, Va., August 3, 2011 - Tredegar Corporation (NYSE:TG)
reported second-quarter net income from continuing operations of $6.0
million (19 cents per share) compared to $5.0 million (15 cents per
share) in the second quarter of 2010. Income from ongoing operations
in the second quarter was $6.7 million (21 cents per share) versus...
FULL
ANNOUNCEMENT
May 4, 2011
Tredegar Reports First-Quarter Results
RICHMOND, Va., May 4, 2011 - Tredegar Corporation (NYSE:TG) reported
first-quarter net income of $6.7 million (21 cents per share) compared
to $5.8 million (17 cents per share) in the first quarter of 2010.
Income from ongoing operations in the first quarter...
FULL
ANNOUNCEMENT
February 10, 2011
Tredegar Reports Fourth-Quarter Results
RICHMOND, Va., February 10, 2011 - Tredegar Corporation (NYSE:TG)
reported fourth-quarter net income of $7.3 million (23 cents per
share) compared to $10.0 million (29 cents per share) in the fourth
quarter of 2009. Income from ongoing operations...
FULL
ANNOUNCEMENT
November 2, 2010
Tredegar Reports Third-Quarter Results
RICHMOND, Va., November 2, 2010 - Tredegar Corporation (NYSE:TG)
reported third-quarter net income of $9.0 million (28 cents per share)
compared to $11.0 million (32 cents per share) in the third quarter of
2009. Income from manufacturing operations in the third quarter...
FULL
ANNOUNCEMENT
August 3, 2010
Tredegar Reports Second-Quarter Results
RICHMOND, Va., August 3, 2010 - Tredegar Corporation (NYSE:TG)
reported second-quarter net income of $5.0 million (15 cents per
share) compared to $6.5 million (19 cents per share) in the second
quarter of 2009. Income from manufacturing operations ...
FULL
ANNOUNCEMENT
May 4, 2010
Tredegar Reports Improved First-Quarter Results
RICHMOND, Va., May 4, 2010 - Tredegar Corporation (NYSE:TG) reported
first-quarter net income of $5.8 million (17 cents per share) compared
with a net loss of $28.8 million (85 cents per share) in the first
quarter of 2009. Results in the first quarter...
FULL
ANNOUNCEMENT
December 17, 2009
Bonnell Aluminum Announces Startup of Highly
Anticipated Large Extrusion Press
Newnan, Ga.-December 17, 2009-Committed to serving the growing demand
from its key customers and strategic markets, Bonnell Aluminum, North
America's premier aluminum extrusion supplier to the building and
construction markets, announced the startup of the industry's first
and largest aluminum extrusion press specifically engineered to
produce architectural-quality profiles for prominent exposed
applications up to 16 inches wide.
FULL ANNOUNCEMENT
October 20, 2009
Crowdis Elected AEC Vice Chairman
Duncan Crowdis, president of Bonnell Aluminum in Newnan, Ga., has been
elected vice chairman of Aluminum Extruders Council, Wauconda Ill...
CLICK TO
READ THE FULL ARTICLE
May 1, 2009
Bonnell Aluminum featured in International Aluminum
Journal - May 2009 edition
Bonnell Aluminum has announced plans to install a new 5,500-ton
(approx. 50 MN) state-of-the-art extrusion press line at its Carthage/
Tennessee plant; the line is due to be commissioned in the fourth
quarter of 2009.
CLICK TO READ THE FULL ARTICLE
January 14, 2009
Bonnell Aluminum Introduces Acid Etch Anodizing
Committed to serving the growing demand of its customers and strategic
markets with consistent and sustainable products, Bonnell Aluminum,
North America's premier aluminum extrusion supplier to the
nonresidential building and construction market, is announcing it is
investing $1.1 million in the conversion of all...
FULL ANOUNCEMENT
Click here to view Bonnell Aluminum Acid Etch
Presentation
July 8, 2008
Bonnell Aluminum Purchases Large Extrusion Press
Committed to serving the growing demand of its key customers and its
primary strategic market, Bonnell Aluminum, North America's premier
aluminum extrusion supplier to nonresidential building and
construction markets, has announced the launch of its large extrusion
press expansion project. A new 5,500 ton hydraulic press, handling
systems and ancillary equipment will arrive at Bonnell's manufacturing
facility in Carthage, Tennessee over several months and ...
FULL ANOUNCEMENT
February 15, 2008
Tredegar Reports Fourth-Quarter Results
Tredegar Corporation (NYSE:TG) reported fourthquarter net income from
continuing operations of $7.0 million (19 cents per share) compared to
$9.8 million (25 cents per share) in the fourth quarter of 2006.
Earnings from continuing manufacturing operations in the fourth
quarter were...
FULL ANOUNCEMENT
January 7, 2008
Tredegar Agrees To Sell Aluminum Extrusion Operations
In Canada And Approves Share Repurchase Program
Tredegar Corporation (NYSE:TG) announced today that it has agreed to
sell its aluminum extrusions operations in Canada for $25 million to
WXP Holdings, Inc., an affiliate of H.I.G. Capital. Closing for the
transaction, which is contingent upon the satisfaction of...
FULL ANOUNCEMENT
July 25, 2007
Newnan Aluminum Extruder Implements Lean, Increases
Productivity
As process optimization manager for the William L. Bonnell Co., a
full-service aluminum extruder and a division of Tredegar Industries,
Rick Miller saw first-hand the effects the recent slump in home
building has had on the Newnan, Ga. plant that makes products as
varied as hurricane shutters, ...
FULL ANOUNCEMENT
