Central National-Gottesman

Central National-Gottesman Inc.
Private
Industry Paper & Paper Products
Founded 1886, New York City
Headquarters Purchase, New York, USA
Key people
 Kenneth L. Wallach, President and CEO
Revenue Increase$3.75 billion USD (Estimate)
Number of employees
 850 (2008)
Website www.cng-inc.com

Central National-Gottesman, Inc. is one of the world's largest distributors of pulp, paper, paperboard, and newsprint. The firm's products are sold in over 75 countries, through a network of 43 offices located in the United States and abroad. With annual revenues approaching $4 billion, Forbes ranked Central National-Gottesman 116th in its annual list of "The Largest Private Companies".[1]

Founded in New York City in 1886 as M. Gottesman & Company, the firm was substantially expanded under D.S. Gottesman, in the first half of the twentieth century. The company has grown both organically and acquisition. In 1984 they acquired Lindenmeyr Paper Corporation;[2] D.F. Munroe Company in 1988; Communication Paper Corporation in 1991;[3] and, Perkins & Squier Company in 1998.[4]

The company was run by Ira D. Wallach (son-in-law of D.S. Gottesman) into the late 20th century. His son, James G. Wallach was CEO until his death in 1998.[5] Today, the firm is run by his brother, Kenneth L. Wallach,[5] with fourth and fifth generation Gottesman family members active in the firm.

References

  1. ↑ Largest Private Companies - 2013
  2. ↑ [ Displaying Abstract ]. "Briefs". NY Times. Retrieved 2012-11-24.
  3. ↑ Central National-Gottesman acquires Communication Paper Corp
  4. ↑ Central National-Gottesman acquires Perkins & Squier Company Inc
  5. ↑ 5.0 5.1 ERIC PACEPublished: June 23, 1998 (1998-06-23). "James G. Wallach, 55, Head of Paper Company". Nytimes.com. Retrieved 2012-11-24.