Tredegar

Aug 30, 2023

Manufacturing 2023: JOHN M. STEITZ

A global manufacturer of plastic films and aluminum extrusions, Tredegar is a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz was named president and CEO in 2019 following the retirement of John D. Gottwald, who had served in the role for 30 years. Steitz had served on Tredegar’s board of directors since 2017 while […]

Nov 29, 2021

Richmond pharma company Kaléo acquired

New York-based Marathon Asset Management LP announced Monday it has entered into a definitive agreement to acquire Richmond-based privately held pharmaceutical company Kaléo Inc., which is known for making injectors to treat allergic anaphylaxis and opioids overdoses. The total base purchase price is approximately $310 million in cash, less certain adjustments and includes potential net […[...]

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