Monadnock Paper Mills has appointed Andrew Manns as Chief Executive Officer, following the planned leadership transition initiated by the late Richard G. Verney. Manns brings 30 years of experience with Monadnock, joining the company in 1995 as Vice President of Finance and serving as Chief Financial Officer and Treasurer before being personally requested by Verney to lead the company as CEO.

KPLP Q2 2022 Business and Financial Highlights • Revenue was $397.5 million in Q2 2022 compared to $339.3 million in Q2 2021, an increase of $58.2 million or 17.1%. • Net loss was $35.5 million in Q2 2022 compared to net income of $2.2 million in Q2 2021, a decrease of $37.7 million. “We delivered another strong quarter of double-digit revenue growth in Q2 2022, but the depth, breadth and speed of inflation severely impacted our operating results and lowered profitability,” stated KP Tissue’s Chief Executive Officer, Dino Bianco. “We expect a partial recovery in the third quarter as successive pricing increases begin catching up with the inflationary curve, productivity gains are felt at our Memphis operations, and extensive cost management initiatives take effect. By the end of the fourth quarter, we anticipate a full recovery based on peaked pulp prices and reduced freight rates along with additional pricing adjustments. Consequently, we are highly confident about returning to a normalized margin in the near term.”

Monadnock Paper Mills, Inc. introduces Ultrahide® PC 100 Blockout Poster. Ultrahide is a high-performance, Forest Stewardship Council® Certified, 100 percent opaque blockout poster stock ideal for indoor retail, hospitality and event signage. In answer to the call for more sustainable materials to replace PVC, styrene and vinyl, Ultrahide is now made with 100 percent post-consumer waste (PCW) recycled fiber and it is curbside recyclable in the mix paper waste bin. Ultrahide is engineered for superior performance in varying moisture conditions. The bright white, uncoated printing surface is optimized for excellent photographic reproduction using offset, screen, latex inkjet, and UV inkjet printing equipment.