Clearwater Paper Corp

Clearwater Paper Corporation (CLW) is a North American manufacturer of pulp, consumer tissue products and paperboard that supplies retailers, converters and packaging customers. With a market capitalisation of roughly $318.4 million, it sits in the small‑cap segment and can display higher volatility and thinner liquidity than larger peers. Investors should know the business is capital‑intensive and sensitive to commodity cycles — pulp and recycled fibre prices, energy and freight costs all influence margins — while demand is exposed to consumer spending and packaging trends. The company faces operational and regulatory challenges common to the paper industry, including sustainability expectations and capital expenditure needs. Potential attractions include focused product niches and any operational improvements, but investors should weigh cyclical volume risk, input‑cost swings and balance‑sheet position. This is educational information only and not personalised investment advice; suitability depends on individual circumstances and past performance is not a reliable indicator of future results.