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Tredegar Corporation

Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions and polyethylene and polypropylene plastic films in the United States and internationally. It operates through two segments: Aluminum Extrusions and High Performance Films. The Aluminum Extrusions segment produces custom-fabricated and finished aluminum extrusions for construction, automotive, consumer durables, machinery, electrical and renewable energy, and distribution markets, and offers flooring trims under the Futura Transitions brand and structural framing systems under the TSLOTS brand. The High Performance Films segment produces surface protection films for displays and automobiles under brands including UltraMask, ForceField, ForceField PEARL, Pearl A, and Obsidian, as well as advanced packaging films for bathroom tissue and paper towels. The company was incorporated in 1988 and is headquartered in Richmond, Virginia.

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Tredegar General Counsel Kevin Donnelly to Resign Effective October 1

Tredegar Corporation announced that Kevin C. Donnelly, Executive Vice President, General Counsel and Corporate Secretary, will resign from the company effective October 1, 2026. Donnelly joined Tredegar in 2010 and served as Associate General Counsel beginning in 2013, before being named Vice President, General Counsel and Corporate Secretary effective January 1, 2021, and Executive Vice President, General Counsel and Corporate Secretary effective January 1, 2025. President and Chief Executive Officer Dr. Arijit DasGupta credited Donnelly with 16 years at the company, including more than five and a half years as an executive officer, and thanked him on behalf of the Board and employees. Tredegar is an industrial manufacturer with two primary businesses, custom aluminum extrusions and films for surface protection applications, and employs approximately 1,800 people with manufacturing facilities in North America and Asia.
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Tredegar Advances One Tredegar Transformation, Bonnell GM Departs

Tredegar Corporation announced progress on its One Tredegar operational transformation, which aims to simplify its operating model, integrate operational leadership, and increase accountability across the enterprise. As part of these changes, Carl Czarnik, the recently appointed General Manager of Bonnell Aluminum, has departed the company. CEO Dr. Arijit (Bapi) DasGupta stated that the company is moving from a holding-company structure to an operating-company model, reducing top-heavy leadership layers and eliminating redundancies. He will assume overall business leadership for both Bonnell and the High-Performance Films segments under the new enterprise-wide model. The company expects full continuity of Bonnell's operations and customer service.
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Tredegar Q2 Earnings Rise on Aluminum Extrusions Gains

Tredegar Corporation reported second-quarter 2026 adjusted net income from ongoing operations of 18 cents per share, up from 5 cents a year earlier, driven by strong gains in its Aluminum Extrusions segment. Sales rose 20.7% to $216.2 million from $179.1 million, while net income from continuing operations increased to $6.1 million from $1.8 million. Aluminum Extrusions net sales jumped 24.1% to $184.1 million despite a 5.8% volume decline, and EBITDA from ongoing operations surged 56.3% to $14.5 million, helped by favorable scrap spreads and FIFO timing benefits. High Performance Films net sales rose 4.2% to $25.6 million, but EBITDA fell 13.9% to $5.8 million due to resin-cost pass-through lags and higher fixed costs. CEO Arijit DasGupta said the company expects cost-reduction benefits to materialize within six to nine months, and Tredegar projects $20 million in capital expenditures for Aluminum Extrusions in 2026.
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