Clearwater Paper is a leading North American manufacturer of Solid Bleached Sulfate (SBS) paperboard, holding approximately 11% of regional production capacity and ranking among the five largest paperboard producers in North America. The company supplies paperboard to independent converters for three primary applications: premium folding cartons serving pharmaceuticals, cosmetics and high-end retail goods; food service packaging for beverages and rigid containers; and custom sheeting and slitting services. As a non-integrated supplier focused exclusively on the paperboard sector, Clearwater differentiates itself through superior product quality, customer service, and a commitment to sustainability through renewable and recyclable materials, while competing on the basis of product performance and price rather than competing directly with converter customers.