National Envelope Corporation facts for kids

National Envelope Corporation was a large American company that made envelopes. It started small in 1952 in New York, New York. A person named William Ungar founded it as the New York Envelope Company. He helped the company grow a lot over the years. They bought other companies and expanded. By 2001, they had 17 factories in nine different states!

However, the company faced some tough times. In 2010, National Envelope had to file for something called bankruptcy. This means they needed legal help to manage their money problems. Later that year, a company called Gores Group bought them. But in 2013, National Envelope (which had changed its name to NE Opco Inc) went through bankruptcy again. Finally, in September 2013, the company's parts were sold off to different buyers. The National Envelope name was then stopped from being used.

History of National Envelope

National Envelope Corporation had a long history of growth and change. It started as a small business and grew into a major envelope maker across the United States. Here are some important dates in its journey:

• 1952 – The company began in New York, New York as New York Envelope.
• 1970 – National Envelope North was started in Worcester, Massachusetts.
• 1975 – National Envelope South was founded in Austell, Georgia.
• 1980 – National Envelope Midwest opened in Lenexa, Kansas.
• 1981 – Champion Envelope was bought in Union Township, New Jersey.
• 1981 – National Envelope Central was established in Earth City, Missouri.
• 1990 – Champion Envelope West was created in California.
• 1990 – Aristocrat Envelope was added in New York.
• 1994 – Old Colony Envelope was acquired in Westfield, Massachusetts.
• 1995 – National Envelope Northwest was founded in Washington state.
• 1998 – Colortree was bought in Texas.
• 2000 – Williamhouse Corporation was acquired in Corsicana, Texas.
• 2001 – Alcor Envelope was bought in New York.
• 2010 – The Gores Group bought the company for $150 million after its first bankruptcy.
• 2011 – The Gores Group won an award for their successful purchase of National Envelope.
• 2013 – The company filed for bankruptcy for a second time.
• 2013 – National Envelope's parts were sold for $65 million. The main operations went to Cenveo. Other parts, like money owed to the company and its supplies, were sold to different buyers.
• 2013 – The National Envelope brand name was no longer used.