Saturday, August 14, 1999

Paper maker moving here


Crown Vantage leaving Calif.

BY MIKE BOYER
The Cincinnati Enquirer

        Crown Vantage Inc., a manufacturer of specialty and printing papers, is moving its corporate headquarters from Oakland, Calif., to Blue Ash.

        Officials at the company, spun off from the former James River Corp. in 1995, said Friday they did not know how many people the new corporate office will employ. However, it probably will be fewer than the 40 now working at its offices in the Kaiser Center in Oakland.

        The company, which has struggled with a high debt load and slumping paper prices, is studying ways to reduce administrative costs. Spokeswoman Katie Cutler said the number of employees in the new corporate office will depend on the outcome of that review, to be completed by year's end.

        “We've chosen Cincinnati because of its central location to our manufacturing operations ... and to the heavy concentration of printing and packaging papers customers,” said Robert A. Olah, Crown Vantage's president and CEO.

        Crown Vantage's specialty and printing papers businesses now operate sales offices in Blue Ash employing about 20. Before being selected as CEO last year, Mr. Olah was senior vice president for the specialty papers division.

        Crown Vantage said three officers will leave the company rather than move to Cincinnati: Christopher McLain, general counsel; Antoinette Gabriel, chief administrative officer; and Ms. Cutler, head of corporate communications.

        Evan Davis has been named general counsel. Other senior executives who will be based here are R. Neil Stuart, chief financial officer; Michael J. Hunter, chief accounting officer; Edward Fusakio, senior vice president, specialty papers; and Charles Whitaker, senior vice president, printing papers.

        Crown Vantage, which operates nine paper mills after the recent sale of two New Hampshire plants, employs 3,500 and had sales last year of $850 million.

       



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