Ampad
Encyclopedia
American Pad & Paper LLC
, or Ampad, is a manufacturer of office products, including writing pads
, specialty papers, filing products and envelopes. Some products are marketed under the Ampad brand name, others are produced for brands including Staples and Wal-Mart
. The company makes over 2500 products, including pads in a variety of sizes, paper grades, colors, and bindings. Its headquarters are located in Richardson, Texas
, United States
. with four factories in North America, including facilities in the United States and a plant in Matamoros, Tamaulipas
, Mexico
.
. At the time, Holyoke was a major papermaking center. Holley began purchasing the rejects, or "sortings", from local paper mills, cutting the paper, inscribing rules
on it, and binding it into pads which he could sell at a discount. Within a year, Holley's business filled a whole floor of a commercial building on Holyoke's Main Street. By 1894, the business grew to occupy an entire building, at the corner of Winter and Appleton Streets in Holyoke, and in 1909, the size of its facilities there were nearly doubled. By the end of World War II, the company had expanded outside of Massachusetts and established international footholds.
. In 1992, the newly formed holding company American Pad & Paper and Bain Capital
purchased the subsidiary from Mead. Upon its formation, American Pad & Paper consolidated its 13 manufacturing and distribution facilities into six in 21 locations in the US. At the time, the company had more than 3700000 square feet (343,741.2 m²) of production and warehouse space in California, Colorado, Georgia, Illinois, Massachusetts, Mississippi, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, Washington, and Wisconsin.
The company continued to enjoy 53 percent compound annual growth in net sales, which increased from $8.8 million in 1992 to $200.5 million in 1996, when the company became publicly traded. The company made a number of acquisitions, including writing products company SCM in July 1994, brand names from the American Trading and Production Corporation in August 1995, WR Acquisition and the Williamhouse-Regency Division of Delaware, Inc. in October, 1995, Niagara Envelope Company, Inc. in 1996, and Shade/Allied, Inc. in February 1997.
On January 8, 1999, unable to sustain profitability, the company announced it would be delisted from the New York Stock Exchange
. After filing for Chapter 11
bankruptcy
protection, Ampad was acquired in 2003 by an affiliate of Crescent Capital Investments, later renamed Arcapita
. Ampad's current president and CEO
, Donald Meltzer, joined the company in August 2005, having formerly served as Vice President and General Manager of the Roofing Systems Group at Johns-Manville
, and before that as the Executive Vice President and COO
of Clore Automotive.
On June 8, 2010 Ampad was acquired by Esselte.
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...
, or Ampad, is a manufacturer of office products, including writing pads
Notebook
A notebook is a book or binder composed of pages of notes, often ruled, made out of paper, used for purposes including recording notes or memoranda, writing, drawing, and scrapbooking....
, specialty papers, filing products and envelopes. Some products are marketed under the Ampad brand name, others are produced for brands including Staples and Wal-Mart
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
. The company makes over 2500 products, including pads in a variety of sizes, paper grades, colors, and bindings. Its headquarters are located in Richardson, Texas
Richardson, Texas
Richardson is a city in Dallas and Collin Counties in the U.S. state of Texas. As of the 2010 census, the city had a total population of 99,223. In 2011 the population was estimated to be 107,684. Richardson is an affluent inner suburb of Dallas and home of the Telecom Corridor with a high...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. with four factories in North America, including facilities in the United States and a plant in Matamoros, Tamaulipas
Matamoros, Tamaulipas
Matamoros, officially known as Heroica Matamoros, is a city in the northeastern part of Tamaulipas, in the country of Mexico. It is located on the southern bank of the Rio Grande, directly across the border from Brownsville, Texas, in the United States. Matamoros is the second largest and second...
, Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
.
Founding
Ampad was founded in 1888 by Thomas W. Holley, a paper mill employee, in Holyoke, MassachusettsHolyoke, Massachusetts
Holyoke is a city in Hampden County, Massachusetts, United States, between the western bank of the Connecticut River and the Mount Tom Range of mountains. As of the 2010 Census, the city had a population of 39,880...
. At the time, Holyoke was a major papermaking center. Holley began purchasing the rejects, or "sortings", from local paper mills, cutting the paper, inscribing rules
Ruled paper
Ruled paper is writing paper that typically consists of horizontal lines meant to separate lines of hand-written text, and vertical lines meant to provide margins or to act as tab stops....
on it, and binding it into pads which he could sell at a discount. Within a year, Holley's business filled a whole floor of a commercial building on Holyoke's Main Street. By 1894, the business grew to occupy an entire building, at the corner of Winter and Appleton Streets in Holyoke, and in 1909, the size of its facilities there were nearly doubled. By the end of World War II, the company had expanded outside of Massachusetts and established international footholds.
Growth, acquisition, and reorganization
Known as the Ampad Holding Corporation, the company was purchased in 1986 by the Mead CorporationMeadWestvaco
MeadWestvaco Corp. is an American packaging solutions company based in Richmond, Virginia. It has approximately 23,000 employees. In February 2006, it moved its corporate headquarters to Richmond, Virginia...
. In 1992, the newly formed holding company American Pad & Paper and Bain Capital
Bain Capital
Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private...
purchased the subsidiary from Mead. Upon its formation, American Pad & Paper consolidated its 13 manufacturing and distribution facilities into six in 21 locations in the US. At the time, the company had more than 3700000 square feet (343,741.2 m²) of production and warehouse space in California, Colorado, Georgia, Illinois, Massachusetts, Mississippi, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, Washington, and Wisconsin.
The company continued to enjoy 53 percent compound annual growth in net sales, which increased from $8.8 million in 1992 to $200.5 million in 1996, when the company became publicly traded. The company made a number of acquisitions, including writing products company SCM in July 1994, brand names from the American Trading and Production Corporation in August 1995, WR Acquisition and the Williamhouse-Regency Division of Delaware, Inc. in October, 1995, Niagara Envelope Company, Inc. in 1996, and Shade/Allied, Inc. in February 1997.
On January 8, 1999, unable to sustain profitability, the company announced it would be delisted from the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
. After filing for Chapter 11
Chapter 11, Title 11, United States Code
Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most...
bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
protection, Ampad was acquired in 2003 by an affiliate of Crescent Capital Investments, later renamed Arcapita
Arcapita
Arcapita Inc. is a Delaware-incorporated holding and real estate company, headquartered in Atlanta, Georgia....
. Ampad's current president and CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
, Donald Meltzer, joined the company in August 2005, having formerly served as Vice President and General Manager of the Roofing Systems Group at Johns-Manville
Johns-Manville
Johns Manville is an American corporation based in Denver, Colorado that manufactures insulation, roofing materials, and engineered products. The stock was included in the Dow Jones Industrial Average from January 29, 1930 to August 27, 1982 when it was replaced by American Express. Berkshire...
, and before that as the Executive Vice President and COO
Chief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
of Clore Automotive.
On June 8, 2010 Ampad was acquired by Esselte.