Source: The Business Journals: Nashville

Orchids Paper: Brentwood company may turn to bankruptcy proceedings

Brentwood-based Orchids Paper Products may soon turn to Chapter 11 bankruptcy proceedings to turn itself around. The company, which relocated from Oklahoma almost two years ago, told investors it is considering the action in its most recent quarterly earnings report, Nashville Post reports. Chapter 11 bankruptcy allows a business to restructure its debts and reorganize its finances so it can stay open. CEO Jeff Schoen told investors a buyer for the company isn't on the horizon, according to the...

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Annual Revenue
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Jeffrey S. Schoen's photo - President & CEO of Orchids Paper

President & CEO

Jeffrey S. Schoen

CEO Approval Rating

81/100

Orchids Paper is a manufacturer and supplier of bath tissue, paper towels, and napkins for residents and commercial sectors. Read more