Veritiv to Optimize Wide Format Products Business

ATLANTA, Feb. 22, 2019 — (PRNewswire) —  Veritiv Corporation (NYSE: VRTV), a leading print and paper solutions provider, announced today that it will transfer its non-paper based wide format products business to North American Plastics, a leading plastics distributor with expertise in this area. Veritiv will continue to provide paper-based, wide format products along with its core paper products for the commercial, digital, and graphic communications markets. Veritiv will no longer supply non-paper based wide format products.

"Veritiv is proud to serve the print industry and we are committed to continuing to provide excellent service to our customers," said Dan Watkoske, Senior Vice President - Print. "We believe we do this best by focusing on our core paper products, which allows us to most efficiently leverage our seller expertise, warehouse space, and sourcing relationships." 

Veritiv will continue to maintain a strong portfolio of commercial printing products from a network of world-class suppliers, a national footprint that allows for local delivery, and an experienced team of print professionals.

Wide format printers utilize paper and plastic substrates in the creation of large format artwork and signage including banners, trade show graphics, murals, vehicle image wraps, architectural drawings, construction plans, and sets and backdrops.

About Veritiv
Veritiv Corporation (NYSE: VRTV), headquartered in Atlanta and a Fortune 500® company, is a leading North American business-to-business distributor of packaging, facility solutions, print, and publishing products and services; and also a provider of logistics and supply chain management solutions. Serving customers in a wide range of industries, the Company has approximately 160 operating distribution centers throughout the U.S., Canada and Mexico, and employs approximately 8,900 team members that help shape the success of its customers. For more information about Veritiv and its business segments visit  www.veritivcorp.com.

About North American Plastics
With more than 90 locations across 13 unique brands (including Laird Plastics, Calsak Plastics, and Farco Plastics), North American Plastics is the industry's largest distributor of plastic sheet, rod, tube, and film. North American Plastics offers a wide range of products from top-tier suppliers and substantial local inventories for prompt delivery with value-added services such as cut-to-size and fabrication. North American Plastics prides itself on providing exceptional customer service and support. To learn more visit www.northamericanplastics.com.

Veritiv Corporation Logo (PRNewsFoto/Veritiv Corporation) (PRNewsfoto/Veritiv Corporation)

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SOURCE Veritiv Corporation

Contact:
Company Name: Veritiv Corporation
Media: Kristie Madara, 770-391-8471, Investors: Tom Morabito, 770-391-8451
Web: http://www.veritivcorp.com
Financial data for Veritiv Corporation




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