FRISCO, TX,
Dec. 1, 2011
(Business Wire) -
National Envelope, a portfolio company of The Gores Group, today announced that it has entered into an exclusive partnership with TreeZero® to produce envelopes made entirely with "tree free" paper. National Envelope will be the first company in the industry to make envelopes with Tree Zero paper.
The paper used for these environmentally friendly and sustainable envelopes has absolutely no wood or wood fibers used in the manufacturing process. Instead, the paper is made from a 100% sugar cane byproduct called bagasse. Additionally, no sugar cane is harvested specifically to produce this paper. The by-product is diverted from land filling or burning, making it a truly eco-friendly option. Sugar cane can be harvested twice a year, making it a renewable paper source. National Envelope will launch the product branded as TreeFrog by National.
Ken Winterhalter, National Envelope president and CEO, said, "As an industry leader in environmentally responsible products, National Envelope is pleased to add "TreeFrog by National" to its full line of eco-friendly, sustainable envelope options."
Mike Nilan, TreeZero's CEO stated, "We are very excited about this new endeavor and expect that National Envelope's customers will be impressed with the quality of TreeFrog paper National Envelope is a leader in the industry, and we are fortunate that they have joined us in our quest to create quality products that have less of a negative impact on the environment. Together we can offer an innovative, sustainable business solution to green-minded businesses and institutions."
About National Envelope
National Envelope, a portfolio company of The Gores Group, is one of the largest manufacturers of envelopes in the world with 9 manufacturing facilities, 2 distribution centers, and nearly 2,700 employees in the U.S. The company is an environmental leader in the paper and envelope converting industries with certifications from the Forest Stewardship Council (FSC), Rainforest Alliance, Sustainable Forestry Initiative (SFI), Programme for the Endorsement of Forest Certification (PEFC), Chlorine Free Products Association, and Green Seal. For more information on National
About TreeZero®
TreeZero is dedicated to providing the most environmentally-friendly paper products on Earth. All TreeZero products are 100 percent tree free, meaning they contain no wood or wood-based fibers including post-consumer waste that originated in wood. Founded in 2009 to address the growing need for environmentally sustainable practices in the paper industry, TreeZero's factory is ISO 9001 certified and provides the highest quality products that eliminate the need to log forests for paper consumption. Striving to further its commitment to and responsibility for the environment, TreeZero currently offers a tree-free copy paper called TreeFrog.
About The Gores Group, LLC
The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, which was founded in 1987 by Alec E. Gores, has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. Headquartered in Los Angeles, the Gores Group maintains offices in Boulder, CO, and London.
