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Mativ Holdings

Mativ Holdings

packaging
Alpharetta, GA · MATV · Public
Mativ is showing operational improvement with Q1 2026 earnings beating estimates ($0.06 vs $0.02 expected) and generating $20M in free cash flow despite a slight 1.1% revenue decline. The company is focusing on margin expansion through pricing actions and cost controls while managing high net debt of $950M.

Mativ Holdings, Inc. functions as a specialized enterprise dedicated to high-performance materials. The company's operations are divided into two main segments: Advanced Materials & Structures (AMS) and Engineered Papers (EP). The AMS division focuses on producing a diverse range of resin-based rolled goods, such as nets, films, and meltblown materials. It also manufactures various bonding products, adhesive components, and customized coating solutions, in addition to providing converting services. This segment's offerings serve crucial end-markets including healthcare, construction, industrial sectors, transportation, and filtration. Conversely, the EP segment is primarily engaged in the creation of specialized cigarette papers and reconstituted tobacco products for the global tobacco industry. Beyond tobacco-related items, it also supplies non-tobacco papers for applications such as energy storage and different industrial commodity paper grades. Mativ distributes its products worldwide, with a strong presence across the United States, Europe and the Commonwealth of Independent States, the Asia Pacific region, and the Americas. The company, originally incorporated in 1995, changed its name from Schweitzer-Mauduit International, Inc. to Mativ Holdings, Inc. in July 2022. Its corporate headquarters are located in Alpharetta, Georgia.

Employees
5,100
Mfg Plants
18
All Facilities
21
Activity
5/10
Type
Public

Plant Locations (21 mapped)

MATV Stock Price

Manufacturing Plants (18)

Scapa Industrial — Manchester Converting Plant
Manchester, CT
SAS segment (Scapa Industrial brand). Industrial adhesive tapes, films, and coatings manufacturing for automotive, cable, construction, and specialty markets.
Scapa Healthcare — Windsor Technology Center (North America HQ)
Windsor, CT
SAS/Healthcare segment (Scapa Healthcare brand). Medical-grade adhesive coatings: silicone gels, water-based acrylics, solvent acrylics and rubbers for wound dressings, bandages, and medical device fixation. Multiple coating techniques, climate-controlled white rooms. North America HQ for Scapa Healthcare.
Conwed — Athens Georgia Plant
Athens, GA
FAM segment (Conwed brand). Additional extruded mesh/netting manufacturing facility supporting Conwed's global netting operations.
Argotec — Greenfield Plant (TPU Films)
Greenfield, MA
FAM segment (Argotec brand). World-class thermoplastic polyurethane (TPU) extruded films and sheets; 11 extrusion lines (blown film and flat-die). Acquired by SWM in 2015. State-of-the-art facility opened ~2016.
Gessner Filtration / Neenah Technical Materials — Pittsfield
Pittsfield, MA
FAM segment (Gessner brand). Wetlaid nonwovens from glass, polymer, and natural fibers for filtration (air, liquid, industrial). Roughly $50M revenue supported by two manufacturing operations in Pittsfield. Acquired through Neenah/Crane acquisition.
Neenah Paper (Gessner/Filtration) — Pittsfield Second Plant
Pittsfield, MA
FAM segment (Gessner filtration brand). Second production operation at the Pittsfield complex supporting ~$50M revenue base. Wetlaid nonwovens: glass fiber, synthetic polymer filtration media for environmental, energy, and industrial uses.
Neenah Paper (Mativ) — Munising Mill
Munising, MI
SAS segment (Neenah brand). Specialty papers: tapes backing paper, abrasive backings, wash tags, medical paper. Two paper machines with coater, saturator, and dryer. Active hiring as of 2024-2025.
Conwed — Minneapolis Manufacturing Plant
Minneapolis, MN
FAM segment (Conwed brand). World's leading manufacturer of extruded, oriented, and multilayer plastic netting and mesh products. Applications in filtration, packaging, construction, and composites.
Neenah Paper — Brownville Mill
Brownville, NY
SAS segment (Neenah brand, Packaging & Specialty Papers). Produces specialty grades of paper. Active as of 2025 under Mativ's PKGSP (Packaging & Specialty Papers) team.
Indafor (Neenah Industrial Solutions) — Lowville Mill
Lowville, NY
SAS segment (Indafor brand). Manufactures specialty papers for books, folders, and performance label substrates. Part of former FiberMark/Neenah Northeast LLC assets.
Scapa Healthcare — Orangeburg Hydrocolloid Technology Center
Orangeburg, NY
SAS/Healthcare segment (Scapa Healthcare brand). Proprietary hydrocolloid adhesives for advanced wound care, ostomy, and consumer wellness. ISO Class 8 clean room. Hydrocolloid extrusion, converting, printing, packaging. FDA registered medical device manufacturer. Acquired from EuroMed Inc. in 2016.
Indafor (Neenah Industrial Solutions) — Quakertown Mill
Quakertown, PA
SAS segment (Indafor/Neenah Industrial Solutions brand). Produces filtration media, silicone release papers, tape backings, dye sublimation substrates, performance labels, abrasive backings, and coated specialty papers. Coating and saturation capabilities for industrial markets.
Scapa Healthcare — Knoxville Center of Excellence
Knoxville, TN
SAS/Healthcare segment (Scapa Healthcare brand). 152,000 sq ft Turn-Key Center of Excellence. Manufactures skin-friendly fixation solutions, advanced wound care, medical device fixation, and consumer wellness products. R&D and full product development capabilities. Opened 2019.
Scapa Healthcare — Dallas Technology Center
Dallas, TX
SAS/Healthcare segment (Scapa Healthcare brand). Topical skin care and wound care formulations: creams, lotions, gels, suspensions, powders. FDA registered, ISO 13485. Expanded from 25,000 to 75,000 sq ft. Acquired from BioMed Laboratories in 2018.
Conwed — Roanoke Plant
Roanoke, VA
FAM segment (Conwed brand). Extruded plastic netting and mesh manufacturing. Former Conwed Plastics facility.
Tekra — New Berlin Manufacturing and HQ
New Berlin, WI
FAM segment (Tekra brand). Manufacturer and coater of high-performance polymer films. Produces hardcoat and print-receptive films; 90,000+ sq ft with two coating lines including white-room enclosure. Distributes DuPont Teijin polyester, 3M adhesives. Headquarters facility.
Neenah Paper (Mativ) — Whiting Mill, Stevens Point
Stevens Point, WI
SAS segment (Neenah brand, Packaging & Specialty Papers). Thin printing papers, bond paper, ledger paper, cover papers. One of largest specialty paper mills in region. NOTE: Mativ sold this operation to Ahlstrom, transaction completed April 2025 — it was Mativ-owned through 2024.
Trient Technologies — Woodville Converting Plants
Woodville, WI
FAM/SAS segment (Trient Technologies brand, sister company to Tekra). Two buildings totaling 88,000+ sq ft. Rotary die cutting and contract converting of thin films, adhesives, and specialty materials for automotive, medical, industrial, electronics, and signage markets.

Other Facilities (3)

Conwed — Minneapolis Administrative Offices
Minneapolis, MN · distribution
FAM segment (Conwed brand). Administrative and distribution offices supporting the Minneapolis Conwed manufacturing campus.
Mativ Holdings Corporate Headquarters
Alpharetta, GA · hq
Corporate HQ established 2023 in 35,000 sq ft leased space; consolidates 150+ employees from former SWM and Neenah Atlanta-area offices.
Indafor (Neenah Industrial Solutions) — East Longmeadow Office
East Longmeadow, MA · r&d
SAS segment (Indafor brand). Regional office and technical support for Neenah Industrial Solutions / Indafor specialty paper and industrial substrates business. Near the former Quakertown operations network.