Mr. Crowe went on to say, “This was a milestone quarter for Buckeye, as we paid our first ever quarterly dividend in September, retired all of our remaining public debt on October 1, and put a new 5-year $300 million bank revolver in place on October 22. We also exceeded $500 million in stockholder's equity for the first time since becoming a public company. We continue to be encouraged about our outlook.”
Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The Company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.