Orchids Paper Products ~ Initial Public Offering ~ July 2005
Orchids Paper Products, based near Tulsa, Oklahoma, is a low-cost, value-oriented manufacturer of tissue products for the U.S. consumer market. Orchids manufactures a full range of private label tissue products, including bathroom tissues, paper towels and napkins, and has been successful in securing a market niche in serving the “extreme value” retail channel.
Net proceeds of this IPO were used to purchased capital equipment to increase the paper making capacity at the company’s paper plant. The underwriting was performed solely by Taglich Brothers, Inc.
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